Why Credit Unions Are MUCH WORSE Than Banks

Do you prefer banks over credit unions? Or do you love your banking relationship with your credit union? Today, we are going to discuss the unique advantages of banks over credit unions. Also included in our discussion are their membership requirements, customer support services, product features, rewards programs, and their cutting-edge banking technology.

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[winstonw]

Thanks for the video Jacob, I used to work in a credit union as well as several banks. I do deal with banks right now, but I don't mind spreading the risk across to a credit union when the time comes. When I worked there, the client base at the credit union had a complete different motivation versus when I worked at the banks. Ethical funds was a big thing and members tended not to be so cut throat on rates. Granted if you have excellent credit, the banks will probably be more generous in terms of credit limits versus a smaller credit union. However here in Canada, we do have some massive credit unions that rival banks, especially in the B.C area I believe. Thanks again for the excellent content.

[koreypaul]

So far I'm liking Chase moreso than the credit unions I'm apart of.

[SoxRoxBoston]

I've never used a Credit Union. So it's impossible for me to compare. But I will say I like when I need to go into a bank I have multiple locations within 10-15 of my house. So if I'm running errands there's always one close by.