What services do banks provide, which are different than those which credit unions and building societies provide?
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Banks and credit unions offer very similar products and services to consumers. Credit unions generally offer fewer products and services to commercial accounts, but what is offered, as well as the interest rates and fees for these will vary from financial institution to financial institution. The idea behind the credit union is that they represent a specific group of people. They are owned by that group, so your deposits are called shares. For this reason, the credit union doesn't pay income taxes as a bank does.
To best compare a bank, a credit union and a building society select your sample and compare what you need and want, to what they offer, side by side. This can probably be done online.
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Banks and credit unions offer very similar products and services to consumers. Credit unions generally offer fewer products and services to commercial accounts, but what is offered, as well as the interest rates and 