What is the difference between a bank and a credit union?

credit unions are non-profit organizations and distribute back to their members, charge lower fees than banks, interest rates on savings accounts, money market accounts, interest checking accounts and certificates of deposit. hope this helps

Second, unlike banks, credit unions are non-profit organizations. Their profits are distributed right back to their members. Because of this, credit unions often charge lower fees than banks and pay higher interest rates on savings accounts, money market accounts, interest checking accounts and certificates of deposit