Credit unions generally provide financial benefits to members through lower loan rates, high
saving rates, and fewer fees than banking institutions.

The Credit Union National Association (CUNA) estimates that Texas credit unions provided
$870,840,966 in direct financial benefits to the state’s 6,923,325 members during the twelve
months ending December 2007.

These benefits are equivalent to $126 per member or $239 per member household (1).
The per-member and per-household benefits delivered by Texas credit unions are
substantial. But, these benefits are averages. Mathematically, that means the total benefits
provided are divided across all members (or all member households) - even those who
conduct very little financial business with Texas credit unions.

Consider This:
Financing a $25,000 new automobile for 60 months at a Texas credit union will save
members an average $134 per year in interest expense compared to what they would
pay at a banking institution in the state.

Further, loyal members - those who use the credit union extensively - often receive total
financial benefits that are much greater than the average.

Texas credit unions excel in providing member benefits on many loan and saving products.
In particular, Texas credit unions offer lower average loan rates on the following accounts:

• New car loans
• Used car loans
• Personal unsecured loans
• First mortgage-fixed rate
• Home equity loans
• Credit cards loans

Texas credit unions also pay members higher average dividends on the following accounts:

• Regular savings
• Money market accounts
• Certificate accounts
• IRAs