"I Love You" Bank vs. Credit Union ad

[BlackDynamiteNYC]

Most CU's are non-pofit, and therefore give you better rates on interest, loans, and credit cards.

Banks take their profit centers, I mean......account holders, for a nice ride.

I know because I used to work for the bank

[xenonman]

FYI, blognewb, CUNA sided with the ABA in opposing broader consumer protection in the financial services industry. CUNA also sides with the banking industry in its support for tougher bankruptcy legislation, another anti-consumer stance.

I worked at CUNA Mutual during the time that it transformed itself from an employee-friendly company to a virulent union-busing racket under Phillips T. Kimball, Jr.

So I know of what I speak when I say that CU's in the US are little different from banks, .

[xenonman]

It's all a bunch of crap!

In the US, at least, there ain't no difference between CU's and banks.

They both support anti-consumer legislation!

[blognewb]

@xenonman uh you are insane. CUs are very well regulated and are owned by the members, not stockholders. They are also NCUA insured. So keep storing your money under the bed.

[Poodleinacan]

Bank = GLaDOS ?

He should say : First you will be baked, and then therre will be cake.

[NinjaJedi]

Banks destroyed the economy, please just switch to a credit union.

[KamisamanoOtaku]

@NinjaJedi

Kind of ignoring the governments role in that. You know, setting idiotic laws and regulations and basically messing with the banking sector in ways that were generally quite stupid.

[NinjaJedi]

@KamisamanoOtaku

And who do you think bribes politicians to pass those dumb laws and block laws that would have prevented it? The Banks...

Don't blame the government for the market's own failure.

[KamisamanoOtaku]

@NinjaJedi

If a politician is bribed to do something wrong and does it, that is still that politician's fault.

The people pressuring for those dumb laws were special interest groups and political parties, not banks. They may have been good intentioned, but they got the government involved in the housing market, and THAT is where our current financial mess with the banks started. Banks were required to make BAD home loans, and some just figured out how to profit from it. Some guilt, not all.

[NinjaJedi]

@KamisamanoOtaku

We're in agreement that both share the responsibility, perhaps in disagreement about who gets the brunt of the blame, but still in agreement that It's an issue of corruption.

That being said, Credit Unions weren't responsible for this mess, Credit Unions weren't advertising bad loans and giving them out at their leisure. Thus I can concluded that Credit Unions are more fiscally responsible than for profit corporations like banks.

[youngfreestlouis]

They totally beat me to this! I was working on a script for a spoof just like this!

[pebbleface2]

this vid has inspired me to go and find my local credit union ... thanks

[CrewRite]

vs. Matress

[CrewRite]

hello, I'm a adviser and I'm a accountant.

[walterbbutler]

Just google "CREDIT UNION dormancy FEES" "central credit union of florida walterbbutler" ..... and see ... or google "CENTRAL CREDIT UNION TOOK $ 277.86 FROM ACCOUNT FOR DORMANCY FEES" or "CENTRAL CREDIT UNION of florida FEES videos" or "CENTRAL CREDIT UNION of florida dormancy FEES videos" or "CENTRAL CREDIT UNION dormancy FEES"

[walterbbutler]

I HAD ALL OF MY CASH THAT WAS ENTRUSTED TO CENTRAL CREDIT UNION OF FLORIDA TAKEN BY USE OF A $25.00 PER MONTH FEE. THE CREDIT UNION JUSTIFIED THE FEE CALLING IT A DORMANCY FEE. I FEEL THAT THIS IS UNJUST ENRICHMENT TO CENTRAL CREDIT UNION OF FLORIDA BECAUSE THE FEE IS NOT REQUIRED BY LAW. CENTRAL CREDIT UNION OF FLORIDA IS LOCATED IN Pensacola, FL.
Just google "CREDIT UNION dormancy FEES" or google "CENTRAL CREDIT UNION TOOK $ 277.86 FROM ACCOUNT FOR DORMANCY FEES"

[Vroomkly]

If you're seriously in dept or need money .. Feel free to visit my channel :)

Scam free 100%!

[CUMoveYourMoney]

We want to C U Move your Money! cumoveyourmoney dot

[jobedied]

Sorry folks Credit Unions will be legislated out of existence over the next few years congress , senate, and wall street will not allow any institution to exist that cannot directly contribute to the steady sinister systemic theft of American citizens wealth. Any protective laws for credit unions will be eroded systematically and with bi partisan approval the next few years. These bills will be hidden inside other legislative packages designed to fool citizens press will promote these packages.

[MatadorsCCU]

To correct mindlessnick, all credit unions are insured by either (or both) NCUA or ASI. FDIC does not insure credit unions

[909mosca]

yeah i finally got a job and closed my bank account at bank of america so goodbye to all their fees and crap im going to a credit union but which one is good?

[bmc510]

@909mosca they are all good deals cuz you will be a member which means you have ownership. Most have more than twice the savings APR and less than half the credit card APR from any bank... Just find one near your area because they are kinda weird on who the let in as a member, i.e. Location, Work, Religion, Etc, just depends on the CU go check em out they'll tell u. Some only require u to live close or work close or worship close....

[jobedied]

@bmc510 Credit Unions are great but they will be exposed to a gradual bi partisan attack that will use hidden legislation to weaken and eventually expose them to annexation from the large banks. Banks, Congress,and senate will never allow the American public to have a safe haven for their personal wealth. You would be a fool not to see this coming and understand the criminal element in Washington.

[kangal1999]

@jobedied,

You are 100% right. The Senators, lobbyist and big banks will make sure credit union go out of business. Even though America is an embodiment of capitalism and democracy. Our country is now a class based society of the haves and have nots contradicting our founding fathers vision. Since last 20 years USA is much like communist country where those close to politburo are more privileged than average Joe.

[jobedied]

@kangal1999 Animal Farm is almost complete the pigs are in the beds. That Bell California thing where part time town councilmen are making 100,000 a year and chief police 800,000 a year. That may be an anomaly now but wait 5 years that will be the norm. Stealing from public is just a function of detailed hidden legislation. Their mistake was not legislating local ordinances to back them up. Then they can steal to their hearts content American people do not even go to town meetings anymore.

[thethird3d]

@jobedied paranoid much?

[jobedied]

@thethird3d I trust bankers ,lawyers,politicians ,and CNN about as much as convicted felons, if that is paranoid then perhaps there is a touch of paranoid festering in my soul. But I would be willing to bet one 20 dollar bill you would be hard pressed to find one person in ten who trusts the above mentioned baboons any more than me. I see you are perhaps one who trusts government and institutional propaganda if so in that case you are trusting an expressed illusion.

[thethird3d]

@jobedied No i dont trust anyone but I also don't sit around all day whining about it.

[jobedied]

@thethird3d I only spend half a day whining about it . And I trust you simply because you seem pissed at me. If you started out trying to kiss up I know dam well something is up.

[SCCULdjohnson]

Nice Video, so true

[tomofnorthcal]

Good job Dave.

[302iuoe]

Credit unions pay higher interest on your money that alone is enough to switch.

[jmalcodray]

Excellent video, great message and lots of fun playing off the Mac / PC format.

But what is the deal with some of these posts? Lots of angry folks out there. Do yourself a favor, drop your bank an find a CU in your community. Don't like the one you're with, find another. Focus on products you use, especially on lending side (credit cards in particular as you use that loan product an average of 15 times a month) -- and make sure fee structure is reasonable. Then move your business there!

[smarterthanyou100]

Actually., that's not 100% correct. Banks are insured by FDIC and most Credit Unions insured by NCUA. Both FDIC and NCUA are Federal Insurance Agency of the US Government. Both insurance coverages mirror each other with basiclly no difference. However, some credit union may select to be "State Charter" for various business reasons and are insured seperately by private insurance carriers such as ASI, etc.

[mindlessnick]

federal credit unions must be fdic insured. local ones use another agency.

[etsnyder466]

bellco how do you like OSI

[ronvongroovemon]

Sandra fixed everything up thanks Ronvongroovemon

[ronvongroovemon]

Bellco credit union what a rip off! They charged me in $275 in bank fees in 21 days. I was told by the manager thousands of Bellco costumers have been hit by much higher fees. She told me even if I was charged $1000 in bank fees they still would not have called me! She said We have too many costumers, we dont have time to baby sit them!!! So if you have a banking error expect them to quietly sit back and clean out your account!

[cdelliott7]

Hi, my name is Sandra Sagehorn-Elliott I'm the VP of Customer Relationship Management at Bellco Credit Union. I'm sorry you had this experience at one of our branches. This is not the kind of service we strive to provide. I would love to have the opportunity to work personally with you to resolve the issue. You can call our main number 303-689-7800 and ask to be transferred to me.

[bmc510]

@ronvongroovemon ahahaha you probably work at a bank and just got OWNED By the Bellco VP the commented under you.

[fruglescot]

Almost everyday I drop into my credit union on my way to work. There I can enjoy a complimentary cup of Vn Hautte coffee from Montreal, read the latest newspaper (usually at least 4 available), access the Internet to check emails or make a call on the telephone that's made available they also have the "Lemonaid Guide if you want to avoid purchasing a "lemon" (automoile)

and of course the employees are always friendly, helpful and call me by my first name.

Any bank offer this kind of service

[luisfcayo]

4 months ago I wanna see how long your bank lasts.

[bumiputrax]

If a bank fools you as a customer, shame on them. If a credit union fools you as a member-owner, shame on you.

Like in any democratic society, constant vigilance is the cost of liberty & prosperity in a credit union. Co-ops & credit unions were never meant to be just enterprises; they were also designed to be schools of leadership & governance a way of life. They risk of failure rises when members & leaders especially forget that.

[Tristan921]

Google "credit union swastika"

[Mattexmo]

Hi. I am a credit union. Well, I WAS a credit union, until I went bust, owing you, my former members, millions of £ or $, which you will not see for years as it goes through courts and government insurance schemes! Now, aren't you sorry you didn't use a bank?"

(In Britain alone, over the last couple of years three supposedly safe credit unions failed, owing their members millions and millions of Pounds. Some of the members still haven't got their precious life savings back after two years.)

[jaymzb1979]

I am sorry to hear that your government insurance program does not work as well as our NCUA in the US.

[colinpetersofficial]

except that doesn't make sense because every credit union and bank is insured by the government in order to operate, so what you're hearing is skewed

[c5weber2]

Well, over here in the U.S., dumb fuck, our banks AND credit unions are FDIC insured for up to $100,000. Sorry your CU's were less savvy. See jaymzb and colinpeters posts. Joining a credit union and leaving Chase bank was like a breath of fresh air for me, seeing as how I had to SUE Chase to end the racketeering that ensued when I tried to close a checking account. It takes 30 days to close your account, but as soon as you get hit with the monthly fee, it reopens...woooow. Fuck banks.

[cold0ero]

I thought I'd let you know that credit unions are not FDIC insured. This is because credit unions use a different method of insuring their money. Credit unions use NCUA to insure their money. Functions in a similar fashion. Just thought I'd clarify that.

[layhugie05]

Are you a bank stockholder?

[xenonman]

Isn't it time to stop this idiotic debate over the "evil" banks versus the "saintly" credit unions?

In the US, there isn't one iota of difference between the two -- they're both self-interested financial rackets.

Look at how CUNA Mutual (the credit unions' "benevolent" insurer) treats its employees!

[mlizalde]

If you honestly believe there is no difference in banks and credit unions, then you are misinformed. If you like to be told how to do your business, then go to a bank. If you want to be able to direct how your business is done, go to a credit union!

[TeamCrusade]

I used to be with Bank of America. They would find any excuse to jack money from me. Now I'm with Deseret First Credit Union. Like night and day. Way better service and little to no fees. I will never go back to a bank.

[jaymzb1979]

Debate on, my poor friend! CU's did nothing to create this financial crisis and greedy banks had everything to do with it. So, the bankers just gave the credit unions more ammo to protect our tax-exempt status. Thanks a lot! Let me ask you, can you even attend your bank's annual meeting? I bet not, unless you own stock. EVERY single Member is notified of the CU's annual meeting is allowed to attend and even run for a seat on the Board of Directors! You are horribly misinformed, indeed!!

[xenonman]

My friend,

The assholes at the CUNA Mutual racket wouldn't allow me (as an unwanted laidoff employee), onto their "CU Center Campus" in Madison WI to attend the annual meeting of a credit union to which I belonged and which met there. So, don't talk to me about "access". You are misinformed -- according to the WI authorities whom I contacted, a CU is only obligated to ensure a quorum, and NOT to seat every member who wishes to attend.

You didn't work at the CUNA Mutual racket .

[wellesradio]

So change to a different CU. I guarantee it'll beat changing back to a bank. I actually liked my bank (Washington Mutual) but like so many others they gambled away their money and crashed and were soon taken over by Chase. Banking with Chase is a terrible, terrible experience. So off I went to my union-sponsored credit union. Man, am I happy. I'm now able to refinance my car with a lower interest rate and I get the hands on approach at my local chapter. It's even made me more cautious with my $

[braver009]

1st comment in six months

sweet

does it count for anything?

[biz4kids]

Want smart education?

Then empower kids to learn how to be entrepreneurs early on in life. Schools should teach the subject, after all these kids are either going to work for a company (profit or non profit) or create their own path by owning businesses. Let's really teach them real life lessons. Why do we still have to follow the industrial age style of education while we are in digital, service- oriented age?

[scottocracy]

check my speech about the credit union difference

[RobBlackwell1325]

Does anyone know who the actors are in these ads? I'm working on an article and would like to contact them.

[CUGuru]

I love it! I did a video spot for our credit union as well. It is different and I get mixed reactions but hey I made it and I like it. :) Take a look and tell me what you think.

[cusally]

this is really good, am looking for credit union ideas in England, will use a link to this on YouTube

Sally

Ipswich and Suffolk CU

[BobDorsa]

We need to use this as much as possible. I plan to show it to the nation;s Realtors.

Bob Dorsa, President

ACUMA

American Credit Union MOrtgage Association)

[jaymzb1970]

GREAT video! This is EXACTLY the type of thing that the CU movement needs to move forward. This would attract great numbers of younger members!

[scottocracy]

Who are the producers of these videos? It's a great idea- good to see charisma in the CU movement.

[hleathers]

I dont think anyone REALLY knows who the producers are yet...We did our own version of this for our CU television ad....check it out under my videos...let me know what you think.