Katy Credit unions differentiate from Katy banks and other financial institutions in that the Credit Union members who have accounts in the credit union are the owners of the credit union and they elect their Credit Union board of directors in a democratic one-person-one-vote system regardless of the amount of money invested in the credit union. Katy Credit unions provide a broader range of loan and savings products at a much cheaper cost to their members than do most microfinance institutions.
- Katy Texas Banks & Credit Unions
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