Credit unions are both more positive and the same as regular banks

Credit unions are both more positive than a regular bank and the same as a regular bank. They both engage in the storage and lending of money, with credit unions often limiting their business to a specific set of members. Additionally, credit unions are usually owned by the members themselves, creating a sense of community and cooperative banking. Some credit unions also benefit from tax exemptions or lower tax rates. Finally, credit unions may have a charter that directs them to operate with a motivation beyond profit, aiming for social good or a specific mission.