Do credit unions offer loans? Credit unions are owned by their members — not shareholders — and any profits they make go back to the members. Because of that, credit unions can offer lower costs on other products, too, including mortgages, home equity loans, unsecured personal loans and credit cards.Where is service credit union located? Service Credit Union has 1 location in Massachusetts and 24 in New Hampshire. The credit union serves members from offices in Apo, Bedford, Concord, Derry, Epping, Exeter, Falmouth, Hampton, Hinsdale , Hudson, Keene, Lebanon, Manchester, Mannheim, Newington, Plymouth , Portsmouth, Rochester, Salem, Somersworth and Tilton.What is credit union service organization? A Credit Union Service Organization (CUSO) is an organization formed and/or owned by one or more credit union(s) to provide a specific product or service within the industry. CUSOs provide credit unions a method to spur innovation, increase efficiencies through specialization, and gain economies of scale.