The Way Credit Union

[Linda Z]

I could be wrong, but I believe all credit unions keep their money in banks, which then invest the money. Credit unions aren't banks; they're sort of a financial co-op. I know my credit union deposits our money in a local branch of a large bank.

Credit unions, as far as I know, don't have the same capacity to stockpile money or make investments as large banks do. Credit unions are made up of a small group of members compared to banks, which have huge numbers of customers and much more extensive resources. So in this regard, I think twi's credit union is quite typical.