Since the financial crisis, credit unions have seen an explosion of business at the expense of banks across the country. There are very clear cut reasons why. It's time for banks and bank investors to sit up, pay attention, and start catching up.   

Protecting what you own against the risk of loss is the fundamental concept behind getting insurance. Keeping your money in a federally insured credit union gives you that same peace of mind.  

CUNA's Jim Nussle responds to ABA's recent attack on credit unions. "The fact of the matter is Congress provided credit unions a federal tax-exemption because of their not-for-profit, member-owned cooperative structure," explains Nussle. The credit union structure benefits everyone especially those with a low to moderate income.

Perhaps the best reason to choose credit unions is that they generally charge lower fees and pay better interest rates on deposits than traditional banks do.