Use'em Every Day!

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Text on Button Use'em every day! Share Drafts
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Red button with black text and black image of an open checkbook. 

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A share draft account is similar to a checking account at a for-profit bank, but operated by credit unions. Profit generated by a credit union is distributed among its members, representing a “share.” This represents the member’s portion of ownership in the credit union. At a for-profit bank, private investors collect the profits.


Share Draft Accounts. (n.d.). Bankrate. Retrieved April 3, 2024 from

Catalog ID IB0856