Mortgages with Credit Unions in NY

You can't just "shop around" for a credit union mortgage; you have to actually be a member of the credit union to apply for a mortgage.

You can shop around and then actually be a member.

Yes, there is some truth to Alan's overly-simplistic answer.

But shopping around for a credit union isn't as easy as shopping around for a bank; credit unions actually have membership criteria, in most cases working for an employer that's affiliated with the credit union, or being a member of a labor union that's affiliated with the credit union. There are certainly exceptions, but it requires a little more research than just choosing Chase over Citi.