CNBC Select explains what a credit union is, how it differs from a bank, how to become a member and the pros and cons of banking of opening an account. Credit unions What is a credit union?

From ownership structure to membership requirements ... You may find a stronger connection to the community with a credit union, but you may find more convenience and accessibility with a bank.

In this week's Money Matters column, Dan Bebbington, Wrekin's debt and energy manager, highlights the advantages of saving ...

See how we rate banking products to write unbiased product reviews. A credit union is a type of nonprofit financial institution that's owned by its members. To join a credit union, you'll first ...