"I Love You" Bank vs. Credit Union ad

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 $

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?

Nice Video, so true

Good job Dave.

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

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!

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.

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

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.