One of the reasons a Credit Union is so different from a bank is that each and every member is a member-owner. A Credit Union is fully owned and operated by the membership, with all earnings returned to the membership in the form of higher savings rates, lower loan rates on loans and lower fees for services.

Schools Financial Credit Union, headquartered in Sacramento, California, is a member-owned financial cooperative with more than $1.3 billion in assets and over 114,500 members. Founded over 75 years ago, Schools ranks as one of the largest credit unions in California and the nation.

Once you become a Schools member, you may retain your membership privileges for life, even if you move or change jobs. Simply maintain an active savings account with a balance of $1 or more.