What’s the difference between a bank and a credit union? More than you might think.

At first glance, banks and credit unions can seem pretty similar as they both offer valuable financial services. But dig a little deeper, and you’ll find that credit unions can be a powerful partner for managing money. Aaron Caid joins us to explain why.

Aaron Caid is the Chief Marketing Officer at Christian Community Credit Union, an underwriter of Faith & Finance. 

A Different Kind of Financial Institution

Credit unions stand apart from traditional banks because they are not-for-profit cooperatives owned by their members. That means the focus is on long-term member relationships, and service is preeminent.

However, Christian Community Credit Union (CCCU) goes a step further. Their mission is rooted in striving to serve and love others like Christ. This distinctly faith-based approach transforms everyday banking into a form of ministry that seeks to honor God and expand His Kingdom.

At Christian Community Credit Union (CCCU), they help members align their finances with their biblical worldview. That includes offering loans to build churches and support Christ-centered ministries, turning ordinary financial tools into extraordinary Kingdom-building instruments.

Surprising Strength in Rates and Services

Many people assume credit unions can’t compete with traditional banks regarding rates, but that’s a misconception. Because credit unions don’t exist to make profits for shareholders, they can return those profits to our members through better rates and lower fees.

Here’s a snapshot of Christian Community Credit Union’s (CCCU) current offerings:

• Harvest High-Yield Checking: 4% APY on balances up to $5,000 with no maintenance fees
• Harvest High-Yield Savings: 5% APY on the first $5,000
• Welcome CD: 4.5%–4.75% APY on 5- and 10-month terms
• Cash Back Credit Card: 1.5% cash back and a donation to Christian causes with every swipe

CCCU also offers vehicle loans, mortgages, and home equity lines of credit at competitive rates, digital banking, and 24/7 member support.

Beyond rates and products, CCCU is also committed to spiritual growth through financial stewardship. They provide resources from trusted partners like FaithFi and Compass Financial Ministry to help our members grow in their financial discipleship.

It’s not just about managing money well—it’s about managing money faithfully.

Funding Ministry and Fueling the Gospel

One of the most inspiring aspects of CCCU is its direct support of ministry work. CCCU specializes in ministry lending, and with over $1 billion in ministry loans funded, it understands what churches and ministries need.

From property and equipment loans to operating accounts and reserve fund solutions, CCCU partners with ministries financially and missionarily.

Plus, their giving program has donated more than $6.5 million to Christian causes. That includes ministries fighting human trafficking, protecting vulnerable children, providing disaster relief, and sharing the gospel worldwide.

Becoming a Member is Easy

So, how can you join?

Membership is open to Christians and Christian ministries nationwide. You can b