Sound Community Bank is not a credit union; rather, it operates as a traditional, FDIC-insured state-chartered commercial banking institution providing retail and business financial services. While credit unions are structured as member-owned, non-profit cooperatives, Sound Community Bank functions as a corporate banking entity with physical branch networks serving its regional communities. Customers utilizing its checking accounts, mortgages, and commercial loans interact with a regulated corporate bank rather than a credit cooperative, ensuring standard commercial banking governance.