The expanding role of credit unions in economic development
Nov 13, 2024
Local credit unions have always played a crucial role in fostering economic development. In Jacksonville, Florida — a city experiencing significant growth and transformation — credit unions are stepping up even further as key contributors to economic stability, community development and local business support to help our community evolve.
Credit unions are different from traditional banks in several ways. They are not-for-profit organizations and are cooperative in nature, meaning they’re…