FWIW this is how banks work. You always have shares. Sometimes they just pretend they are dollars.
I am not a customer of one, but I assume that using a CU instead of a bank is like using Linux on your desktop instead of Windows.
I am not a customer of one, but I assume that using a CU instead of a bank is like using Linux on your desktop instead of Windows.
The shareholders of a credit union are by law/definition its customers/depositors.
The shareholders of a bank can be anyone.