The Difference between Banks and Credit Unions: Part 1
Nov.30, 2009 in
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Part one of a very two-dimensional financial mini-series.
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March 22nd, 2009 at 12:58 pm
Love it! Clear, informative, refreshing, and to-the-point.
April 22nd, 2009 at 1:03 am
Read “The Creature from Jekyll Island” by Griffin, and “Web of Debt” by Brown, and then read “Default !!! Escaping the Debt Trap and Avoiding Bankruptcy” by Guedel, in which 2 people defaulted on over 94K of unsecured credit card debt and avoided bankruptcy and judgment and defeated a major bank’s collection attorney. It can be done. Banks are stealing from us all… get out of their crooked banking system — move your money to Credit Unions … create and join more honest Credit Unions.
April 25th, 2009 at 3:33 am
This video is not true. The producer lumped all types of banks into one category – very misleading. Mutual Savings Banks do not have shareholders. They are owned by their depositors. The Boards are made up of people in the community and have no financial stake in the bank. Decisions are made based upon what is best for the communities these banks serve. AND, they pay federal and state income taxes which credit unions do not.
April 25th, 2009 at 2:09 pm
owned! LOL
May 29th, 2009 at 5:00 am
Thank you for making this.
June 11th, 2009 at 8:27 am
im a high schooler and we were showed this in our personal finance class at school. we went on a field trip to a credit union and this is what they showed us
June 13th, 2009 at 1:21 pm
This must of been a very fun school assignment. 5 stars and a favorite.
June 19th, 2009 at 12:57 am
my credit union has a higher interest rate, but the one that pays me. my bank only gave me 3 cents for 1000 dollars. i switched and now i get 3 dollars for 1000. it may seem dumb. but it all adds up.
June 21st, 2009 at 6:05 pm
1) The way credit unions operate is not necersarily better than banks that is a false sense of security, 2) Waky waky you are niave to think credit unions are somehow for the people rather than a small group of investors.
July 11th, 2009 at 4:00 pm
Way over simplified…but informative and cool.
August 3rd, 2009 at 11:55 am
Two-dimensional indeed, and biased much? 1 star.
August 12th, 2009 at 8:54 pm
Not sure what so many posters have missed — this video is an awesome piece of marketing. It conveys a message in a creative way — one that is easy to understand and digest. Brilliant.
And if you’re still not sure how banks have taken advantage — pay attention to the banking crisis here in the USA. What about the consumer Card ACT that has been signed into law — brought on by credit card lending practices (fees, etc.) practiced by banks. Yes, credit card use is a loan! Wake up.
August 24th, 2009 at 3:59 pm
nice video
August 28th, 2009 at 12:34 pm
Quite ironic to see that you have a competition on your homepage to win $50 iTunes card.
August 30th, 2009 at 2:31 am
Not at all! You don’t have to open an account to be part of our monthly Y&F draws. It’s just a perk to being a part of our young online community and staying in the know when it comes to money saving tips.
August 30th, 2009 at 2:31 am
Thanks for your input!
August 30th, 2009 at 2:33 am
That’s awesome! Thanks for letting me know – it’s always cool to hear how people come across this video!
August 30th, 2009 at 8:38 am
I love this-I was clueless-NOW I know! such a cute video-very well done and easy to understand-even for me!
October 15th, 2009 at 8:36 am
I work for a caisse and we were shown this video today … it was the best part of the presentation! Excellent job!
October 31st, 2009 at 6:43 am
great job Larissa
November 5th, 2009 at 3:02 am
Can someone please tell me what software/program this video was created in? Adobe Flash?
November 7th, 2009 at 1:03 pm
pretty good vid. u are cool
November 15th, 2009 at 9:29 am
All the animation was done in-camera. Final Cut Express was used for the editing. Hope this helps!
November 15th, 2009 at 9:29 am
Thanks, Tom of North Cal!
November 20th, 2009 at 3:24 pm
VERY helpful!!
thank you so much! great video and good info. I appreciate it 