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Northern Kentucky Federal CU app for iPhone and iPad


4.4 ( 2464 ratings )
Finance
Developer: CU Mobile Apps
Free
Current version: 1.5, last update: 1 year ago
First release : 07 Mar 2016
App size: 68.42 Mb

The primary purpose in furthering their goal of service is to encourage members to save money. Another purpose is to offer loans to members. In fact, credit unions have traditionally made loans to people of ordinary means. Credit unions can charge lower rates for loans (as well as pay higher dividends on savings) because they are nonprofit cooperatives. Rather than paying profits to stockholders, credit unions return earnings to members in the form of dividends or improved services.