Safeway credit union?

Question

I am new employee at safeway in san jose, ca.

I just want to ask if how does UNION work?

And how can you be a member in this union?!

anyone there who worked in safeway?

Thanx..

Answer 1

Credit unions are financial institutions, like banks. They offer many of the same products and services -- savings accounts, checking accounts, ATM/debit cards, credit cards, auto loans, mortgages, home equity loans, etc. The main difference from your viewpoint as a consumer is that you can become a customer of any bank, while credit unions can only serve people who fit in their "Field of Membership." Some credit unions are sponsored by a company and only the employees can join. There are numerous credit unions that have "community charters" which allow them to serve people who live within a defined geographic region (i.e. city, county, zip codes, etc.).

Hope this helps. Good luck!

P.S.  A point of clarification...a credit union (financial institution) is not a labor union (group of workers).