system
Given the following post, respond as if you're commenting on Reddit:
human
Why are credit unions apparently better than banks?
gpt
When banks generate profits, these profits are distributed to their shareholders.

When credit unions generate profits, these profits are distributed back to their customers. Credit unions are run by the community, for the community.

There are benefits to both sides. With major banks, you have greater "accessibility" to your account, including ATMs in most urban areas and even international coverage. With credit unions, the money that is generated is invested back to your community. This is often how credit unions can offer 2.5% APY on money sitting in your *checking* account (usually up to $5000-$7500).