Choosing where to manage your finances is not just a practical decision—it’s a reflection of your values and priorities. For Christians, this choice carries even more weight, as it offers an opportunity to align financial practices with faith. Whether you’re deciding between a credit union like AdelFi or a big bank, understanding the differences can help you make a decision that improves your financial picture and honors your values.

Ownership and Structure

One of the most fundamental differences between credit unions and big banks is their ownership and structure. Financial institutions that function as credit unions, such as AdelFi, are not-for-profit organizations owned by their members. This means that when you open an account, you’re not just a customer—you’re a part-owner. The primary goal of a credit union is to serve a community, not to generate profits for shareholders.

This member-focused approach contrasts sharply with the for-profit model of big banks, which are owned by shareholders who expect a return on their investment. As a result, big banks often prioritize profit over people, leading to higher fees and less personalized service. In a Christian context, where stewardship and the wise management of resources are vital, the credit union model aligns more closely with Biblical principles of serving others and prioritizing community welfare over profit.

Personalized Service and Community Focus

Credit unions like AdelFi are known for their personalized service and strong community focus. This is particularly important for Christians who value relationships and community. At AdelFi, the commitment to serve members stems from a desire to follow Christ’s teachings by placing people above profits. This is reflected in how credit unions often work closely with members, including those who might face financial challenges, offering solutions that big banks might not provide.

For example, AdelFi is committed to providing financial services that support the faith and values of its members. This commitment is more than just a business model; it’s a passion. When you bank with a credit union like AdelFi, you’re not just a number—you’re part of a community that values your financial well-being and spiritual growth. We even offer free tools and resources for our members to improve their financial stewardship.

An Institution Aligned with Your Values

For Christians, aligning financial choices with their faith is paramount. AdelFi, for example, integrates Christian principles into its operations, ensuring that members can bank in a way that reflects their beliefs. This means that the financial services offered by AdelFi are designed to support causes and initiatives that align with Christian values.

When you deposit money into a big bank, take out a loan, or make a credit/debit card transaction, you are providing the financial capital needed to lend, invest, and support all kinds of causes, businesses, or organizations. However, because you don’t control the purpose or final destination of your money, you might be inadvertently supporting activities that contradict your values. Many big banks, as a business practice, do not invest in or support Christian organizations.

In contrast, AdelFi provides loans and banking services exclusively to its members, who align with the institution’s Statement of Faith. This commitment ensures that your money never supports businesses or organizations that promote activities contrary to Christian values, such as cannabis, alcohol, tobacco, adult entertainment, political causes, or those that defy traditional Christian family values and education.

Credit unions are free to support principles aligned with their members’ interests. For instance, AdelFi actively supports Christian organizations, giving at least 10% annually to their work. Since launching the “Give Back” program in 2022, AdelFi has donated over $4 million. Additionally, in 2023, AdelFi staff volunteered 750 hours to non-profits, ministries, and organizations committed to serving the Lord and spreading His word.

Security and Technological Capabilities

A common misconception is that credit unions lack the technological capabilities of big banks. However, many credit unions, including AdelFi, offer robust online and mobile banking platforms. This ensures that members can manage their finances easily and securely from anywhere, which is crucial in today’s fast-paced world.

AdelFi provides a full suite of digital banking services, from mobile check deposit to online bill pay, making it easy for members to conduct their banking on the go. The credit union is also part of a shared branch network, giving members access to over 5,600 participating U.S. branch locations and 30,000+ surcharge-free CO-OP ATMs. This network is particularly valuable for Christians who travel or have family members in different parts of the country, ensuring that they can access their funds conveniently.

Moreover, credit unions are subject to stringent regulatory oversight and invest heavily in cybersecurity measures to protect their members' assets and personal information. This focus on security and integrity is in line with the Christian principle of trustworthiness, where financial institutions are expected to handle money with care and responsibility.

Making the Right Choice for You

Choosing between a credit union and a big bank ultimately comes down to your personal priorities and financial needs. If you value personalized service, lower fees, and the opportunity to align your finances with your values, a credit union like AdelFi may be the way to bank better.

In the end, it’s about finding the financial institution that best supports your goals and reflects your values. Whether you choose a credit union or a big bank, make sure to do your research and consider what matters most to you in a financial partner. By making an informed decision, you can ensure that your banking choice not only meets your financial needs but also aligns with your broader values.