Credit Unions consistently offer lower interest rates on loans and higher rates on deposits than conventional banks. Sounds like a no-brainer, right? Well, when we hear the word ‘interest’ we always need to figure out if it is compatible with halacha. What makes credit unions different, and are any potential pitfalls with borrowing or depositing with them?

To find out more about this complex topic, you’ll need Rabbi Yisrael Neuberger’s shiur given this past July 4th. Hear the shiur below, and follow along with the source material.