Celebrating the credit union difference
Banking with a credit union might seem just like banking anywhere else. But there are more benefits than you might realize! Our Members are at the heart of everything we do here at Centra Credit Union, which is why we’re highlighting the credit union difference!
What makes credit unions unique?
Member-owned. When you open an account at Centra, you don’t just become a Member. You also become an owner. Unlike publicly-owned banks, credit unions make decisions based on feedback from their Members. Your Membership means something, and you have a voice at Centra!
Not-for-profit. As a not-for-profit, Centra exists to serve our Members, and our vision is to create value for our Members, Team Members, and the Communities we serve. Our profits go back to you in the form of our all-cash Member Loyalty Rewards, better rates, and lower fees. Check out one way we gave back to our Members >
Community involvement. Credit unions look to the communities they serve first when it comes to giving back. Larger financial institutions might spread their generosity over a bigger regional or national area. This can make it harder to track where your money goes. Check out Centra’s Community Involvement >
Board of Directors. Credit unions are managed by a group of democratically-elected Members. They ensure that the credit union always operates in the best interest of their Members.
Being a Centra Member
Being a Centra Member comes with many perks. From opportunities to earn cash rewards to exceptional service, everything we do is Centered Around You.
Member Loyalty Account. When you open a consumer checking account with Centra, you get a Member Loyalty Account (MLA) to go with it. That’s because having an eligible checking account is the only requirement for participating in Centra’s Member Loyalty Rewards! Learn more about MLAs >
Cashback Checking. Cashback Checking lets you earn unlimited cash rewards based on how much you use your account! With this free account, you can earn cash each time you use your debit card. Learn more about Cashback Checking >
Debit Card Round Up. Debit Card Round Up lets you “round up” the change on each debit card purchase to the nearest dollar. All your Debit Card Round Up savings then grow even faster with your MLA’s interest rate. Learn more about Debit Card Round Up >