Episode 21: What is a Credit Union


  • Credit Unions are a great way to invest in your personal finances and your community.
  • Credit Unions use the money they make to invest and keep your interest rates low and your earnings high.
  • We are insured for your financial safety.
  • When you become a member, you become an investor in the credit union, making our members owners
  • Annual meetings are held for our members to learn about the decisions the board has made for the credit union, and to vote on the board and other topics for the future of the credit union.
  • Credit Unions support community and invest in the community it thrives in by using its earnings to donate and build the towns around it.
  • We support our Broome, Chenango and Tioga Counties at GHS, and invite members of our communities to become members.
  • When working with a credit union, you will always work with a local representative who may even be your neighbor!
  • GHS is always here for you! Stop in to a branch or call us if you need us at (800) 732-4447.