307074535 is a routing number of PREMIER MEMBERS CREDIT UNION. Check detailed information about 307074535. This bank routing number is required for electronic funds transfer. Bank routing number of PREMIER MEMBERS CREDIT UNION is the first nine digits of the number along the bottom left section of your check.What is a Credit Union vs. a bank?
While banks and credit unions are both financial institutions that offer similar services (checking and savings accounts, auto loans, and mortgages), the main difference between a bank and a credit union is that "customers" of a credit union are members, and they own the institution.What does it mean to be a credit union member?
A credit union is a democratic, member-owned cooperative. So when you join a credit union, you’re more than a member; you’re an owner—and that means you have a say in how your credit union is run. A volunteer board of directors, elected by the members, governs a credit union.