"I Love You" Bank vs. Credit Union ad

Based on the Mac vs. PC ads, here's a funny clip that shows the difference between banks and credit union's, from the credit union's perspective.

• Category

  Comedy

[Joe Alcodray]

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!

[jaymzb1979]

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

[xenonman]

As I mentioned elsewhere on this thread, I worked at the national Credit Union Center for over ten years. Read more carefully.

I've experienced first-hand the hypocrisy of the US CU movement.

Not that banks are any better...

[BlackDynamiteNYC]

I guess you know more, since you haven't worked for either.....

[xenonman]

Unfortunately that's all too true.

but in all aspects of day-to-day operation and policy, CU's function much like banks!

[xenonman]

Hard to say.

I do however believe that people need to be made aware that the ideological industry propaganda about CU's being compassionate friends of the working class is a lot of garbage.

[Amiante Tarvoke]

Thanks for that eye-opening post.

Where do you suggest people keep their savings?

[endlessmountain]

its smart to know how banking works in the sense of how fiat debt notes are created and what is mathematically guaranteed because central bankers monopolize legal tenders.

[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, .

[blognewb]

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.

[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!