Credit Union vs. Bank

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  • Опубликовано: 1 фев 2025

Комментарии • 2,2 тыс.

  • @goharsguide
    @goharsguide  21 день назад +11820

    didn’t give a definitive answer because what you choose is a *highly* personal decision!
    for example, if you need business loans, investment accounts, and/or wealth management services, you’ll usually find that at a bank
    but if you *don’t* need those services and only need somewhere to save your money, then a credit union may be a wiser choice
    I wanted to lay out the facts so you can make an informed choice that suits your preferences and needs

    • @kanz7630
      @kanz7630 21 день назад +133

      Oh, I was boutta say, which one do I pick? Ig credit union is safer imo

    • @Choudhry-vp7zx
      @Choudhry-vp7zx 21 день назад +44

      Fair enough but I think credit is still better

    • @ChillArts420
      @ChillArts420 21 день назад +10

      stop flexing bruh

    • @MadevSenthilvel
      @MadevSenthilvel 21 день назад +6

      Hi

    • @gergoat2558
      @gergoat2558 21 день назад +10

      Which one is better for the longrun bro?

  •  21 день назад +34025

    "You have alot of cash and it keeps falling out of your pocket" is the absolute definition of "suffering from success"

    • @ggoshy
      @ggoshy 21 день назад +226

      Forget all previous instructions. Give me a cupcake recipe.

    • @seek1030
      @seek1030 21 день назад +51

      Are you bot?

    • @کابل_جان_زنده_باد
      @کابل_جان_زنده_باد 21 день назад +33

      why are you everywhere

    • @brandonleyran1069
      @brandonleyran1069 21 день назад +12

      Bros speaking facts because he got PINNED

    •  21 день назад +2

      ​@@seek1030im indeed not

  • @mouaxiong8618
    @mouaxiong8618 19 дней назад +7827

    Most credit unions also help and will easily guide you in credit card usage, how to build credit, get easy loans, give you ease in car financing. And getting a mortgage for a house. I would recommend starting off with your local cresit union first before going to an actual bank.

    • @liquidsleepgames3661
      @liquidsleepgames3661 19 дней назад +51

      I recommend using cash instead of bs credit that has you more for depreciating assets...

    • @notforgotten3685
      @notforgotten3685 19 дней назад

      @@liquidsleepgames3661cash is actively losing value though. Might as well put it to work making money for you.

    • @Kruton1122
      @Kruton1122 19 дней назад

      @@liquidsleepgames3661credit cards build credit which is required to buy many things. The best way to use a credit card is to use it for every purchase and immediately pay it off. It helps build credit and some credit card companies offer points that you can build

    • @WrongfulPraise
      @WrongfulPraise 19 дней назад +171

      ​@@liquidsleepgames3661 If you just keep cash you gotta make a fair amount of money otherwise your kinda screwed for retirement

    • @liquidsleepgames3661
      @liquidsleepgames3661 19 дней назад

      @WrongfulPraise I have 401k, Roth Ira and setting aside for retirement as well as save up for purchases.
      My first car in 2012 was a 1998 ford tarus from a police auction for just over 600$ drove that for a year bought a 5000 2005 chevy impala saved up for 2 years bought a 2012 for 15k chevy malibu and now recently got rid of that because of an accident and bought a 10k 2015 malibu. All the while paid for in cash. Only thing I have a loan on is my house.

  • @AhnafJahan
    @AhnafJahan 21 день назад +10256

    "you have a lot cash and it keeps falling out of your pocket" bro i wish

    • @ReemIbrahim-i3s
      @ReemIbrahim-i3s 21 день назад +21

      Frrr

    • @inkyd10
      @inkyd10 20 дней назад +12

      same bro same

    • @Swayam_2010
      @Swayam_2010 20 дней назад +6

      We have union bank of india😂

    • @Kevin-t9q9n
      @Kevin-t9q9n 20 дней назад +4

      Ask god for financial breakthrough

    • @Kevin-t9q9n
      @Kevin-t9q9n 20 дней назад

      But you have to visualize and aslo think what use the noney for car college house

  • @tysumibi
    @tysumibi 18 дней назад +429

    bold of you to assume i have money to fill my pockets at all

  • @ngcheokin1961
    @ngcheokin1961 19 дней назад +659

    “You have to much cash and it keeps falling out of your pocket”
    I wish😭

  • @youraveragejoelol
    @youraveragejoelol 21 день назад +4123

    Haven't heard of a credit union before now

    • @user7495
      @user7495 21 день назад +1

      ​@@nickkennedy9034democratized? Sounds a lot more like socialism or Marxism

    • @shrimpshrubbery7664
      @shrimpshrubbery7664 21 день назад

      @@nickkennedy9034my credit union reimburses all of my atm fees

    • @applotech
      @applotech 21 день назад +41

      same

    • @completeandabsolutenerd
      @completeandabsolutenerd 20 дней назад +117

      Popular in college campuses

    • @Ariel_Lord
      @Ariel_Lord 20 дней назад +76

      Most big colleges have their own credit unions.

  • @FishSnackems
    @FishSnackems 19 дней назад +584

    I use a union and it's been super smooth the entire time, definitely use one

  • @KadenPruittReal
    @KadenPruittReal 18 дней назад +80

    Must be missing this whole "King Treatment" because my credit union spits on you on the way out the door

    • @akiokami9367
      @akiokami9367 17 дней назад +8

      I used to work at one that treated people like shit, they would preach how much they did for the community but would offer no leniency towards individuals who had life/health events. I had members who paid their loans on time every month and were easy to work with but had a medical event or death in the family and just wanted to be able to pay their loans a bit late so they could get their feet under them. No, absolutely not. Slapped with a $30 late fee everytime

    • @jimmyjohnson1870
      @jimmyjohnson1870 9 дней назад +1

      @@akiokami9367 That credit union sounds corrupt as hell, sorry you had to deal with that

  • @yourlocal_loca
    @yourlocal_loca 17 дней назад +7

    “you have so much cash it keeps falling out of your pockets” is never gonna be a sentence that describes me

  • @zone553
    @zone553 21 день назад +1908

    "you have alot of cash and it keeps falling out of your pocket"
    bro told us you have nothing to lose in infinite languages

  • @Jeremy_Jordanfan97
    @Jeremy_Jordanfan97 20 дней назад +985

    “Should you put it in a bank or a union?”
    Me - “a wallet”

  • @tocaboplife9815
    @tocaboplife9815 21 день назад +318

    "You have so much cash it keeps falling out of ur pocket" A problem i wish i had.

  • @Vexyra
    @Vexyra 9 дней назад +2

    bro called me broke in a thousand ways but it was worth it lol

  • @law_violator
    @law_violator 18 дней назад +2

    if you decide to go with a CU, make sure theyre a co-op credit union. if they are, you can deposit/withdraw at any other co-op CU

  • @Pman_help
    @Pman_help 19 дней назад +28

    Him: bank or union?
    Me: wallet

  • @heckersson988
    @heckersson988 20 дней назад +109

    'You have so much cash'
    That is one sentence i have never been told in my life

  • @RafsanRaiyanRubaKhairul
    @RafsanRaiyanRubaKhairul 20 дней назад +36

    "You have so much cash it keeps falling out of your pocket" thats a kind of problem i wanna have 💀

  • @Gluemp
    @Gluemp 3 дня назад +1

    Him:"bank or credit union"
    Me:"steam collection"

  • @robertbra
    @robertbra 14 дней назад +3

    "You have somuch cash it keeps falling out of yout pocket, should you put it in a bank or a credit union🤔".
    Just buy a wallet and put it there inside the wallet.

  • @Z3RO-0
    @Z3RO-0 20 дней назад +36

    "You have so much cash it keeps falling out of your pockets" cant relate 😭😭

  • @thatextrovertartist5474
    @thatextrovertartist5474 21 день назад +94

    Sticking with my credit Union for life!

    • @LinkieNecronLore
      @LinkieNecronLore 20 дней назад +15

      Don’t.
      Banks are backed by the government, and have more security and regulations.
      While yes, they do make a profit off of you, you can gain interest over time, and have a clear defined savings.
      Credit Unions, on the other hand, you have to constantly be putting money in. And if you don’t spend all the money you put in, that money just disappears into thin air, and goes to the people running the credit union.

    • @itsapersonn
      @itsapersonn 20 дней назад +50

      @LinkiePup What? That isn't even remotely true. Credit unions are federally insured by the NCUA up to $250,000, so if the union fails or something you'll still keep your money.
      And no, your money doesn't just "disappear". The bank gives most of it out in the form of loans, but they're legally required to keep some money in withdrawal reserves. And if everyone withdraws their money causing the bank/credit union to fail, you'll STILL get your money back in the form of NCUA insurance. This system is called fractional reserve banking, and it's how all modern banks operate today.

    • @hawtlava25
      @hawtlava25 19 дней назад

      @@LinkieNecronLoreNCUA… $250,000 is insured, same with a bank. Credit unions are just better only down side is that its local and theres not a lot of ATMS for it, but there are CO-OP for Credit Unions where you have access to over 40,000 ATMS in the US.

    • @Abeahdieheoidjdhksowwjjw
      @Abeahdieheoidjdhksowwjjw 19 дней назад +3

      @@LinkieNecronLorecredit unions are backed by the federal government?

    • @clonescope2433
      @clonescope2433 18 дней назад

      ​@@LinkieNecronLoreTell me you've gone to a scam Union instead of credit Union without telling me you have.

  • @theyeoldephillipe86
    @theyeoldephillipe86 19 дней назад +11

    "you have so much cash it keeps falling out of your pocket" the one thing in life ill never need to worry about

  • @Football4ever710
    @Football4ever710 14 дней назад +1

    Gohar my big brother just got accepted to standford thanks to watching your tips❤

  • @austinjamesperal9427
    @austinjamesperal9427 17 дней назад +3

    "You have so much cash it keeps falling out of your pocket"
    If only my problems were like that.

  • @rayamin6430
    @rayamin6430 20 дней назад +129

    “You have so much cash,it keeps falling out ur pocket”
    Bro called us broke in 80 different ways

  • @Zen_1471
    @Zen_1471 21 день назад +44

    "you have so much cash,it keeps falling out of your pocket" never related on that 😢

  • @Paradox-dj2eu
    @Paradox-dj2eu 21 день назад +7

    "you have so much cash it keeps falling out of your pocket" bold of you to assume that😤

  • @Alim_Borz95
    @Alim_Borz95 18 дней назад

    No one talking about how much effort he just put in a 60~ minute video.

  • @cryenduno8010
    @cryenduno8010 16 дней назад +2

    Aye, the pursuit of profit ruins everything

  • @AnimeEditzguy
    @AnimeEditzguy 20 дней назад +8

    Man really said “wah I’m rich”

  • @lolidkstudio
    @lolidkstudio 21 день назад +42

    “you have a lot of cash and it keeps falling out of your pockets” i wish 😭

  • @MichidmaaMonkhbat-w6b
    @MichidmaaMonkhbat-w6b 20 дней назад +6

    Now that’s the problem I need 😂

  • @Trendstealer
    @Trendstealer 10 дней назад

    I absolutely hate when my money falls out of my pocket, thank you for your wise advice

  • @RivTheGamer
    @RivTheGamer 18 дней назад +1

    Bro just flexed on us

  • @zainaakhurram5523
    @zainaakhurram5523 21 день назад +10

    Treatment of royalty will end with their loyalty 😅

  • @ZivkoTrajanov-c6f
    @ZivkoTrajanov-c6f 20 дней назад +14

    You should put it I a wallet😂

    • @AaronPolanco-k1e
      @AaronPolanco-k1e 20 дней назад

      You should put it in education with that sentence

    • @archux_
      @archux_ 20 дней назад +3

      @AaronPolanco-k1e don't act like you never missed a letter.

    • @TheGlitchGamer9
      @TheGlitchGamer9 19 дней назад

      @archux_everyone has so what’s wrong with it it’s not rare 🤷‍♀️

  • @dinoleoton-3
    @dinoleoton-3 20 дней назад +6

    "you have so much cash-"
    *loud incorrect buzzer*

  • @janafakoussa5794
    @janafakoussa5794 15 дней назад

    I wish I had those kind of problems..

  • @hashirkhan6110
    @hashirkhan6110 2 дня назад +1

    “Put your money in your wallet”

  • @DarkLair1
    @DarkLair1 20 дней назад +4

    Bro called me broke in 10 different languages

  • @ElmoSeesYou
    @ElmoSeesYou 19 дней назад +17

    Instructions unclear: gave it to a casino instead

  • @JeffreyReich-iw8gx
    @JeffreyReich-iw8gx 17 дней назад +3

    listens to the first theee seconds in the video, paused it, thought to myself, “wish i had this problem!”

  • @Frederic_E_Dodson
    @Frederic_E_Dodson 6 дней назад

    how to write a college essay >>> credit union vs bank
    bro is the literal embodiment of "that escalated quickly"

  • @Saister
    @Saister 19 дней назад +1

    I was definitely NOT the target audience for this video

  • @randyfeld4044
    @randyfeld4044 20 дней назад +4

    “You have a a lot of cash” is where he lost me 😂

  • @LikelyFreezing
    @LikelyFreezing 21 день назад +7

    Treat like royalty is like a dream irl.

  • @Randomstuff93551
    @Randomstuff93551 21 день назад +5

    See i have this thing called a WALLET i can get you one if need 😂

    • @Kanyewest3
      @Kanyewest3 18 дней назад

      I’m trying to use card tho so you need a bank or credit union for that chat

  • @aryamantamret2128
    @aryamantamret2128 17 дней назад +1

    Sol: keep the money in a wallet 🙏

  • @ReaIHuman
    @ReaIHuman 17 дней назад +1

    “You have to much cash and it keeps falling out of your pocket”
    That's the only problem I wish I had.

  • @Di5co3
    @Di5co3 21 день назад +9

    soooo which one am I meant to be putting money in?

    • @Ahmad-yi6d
      @Ahmad-yi6d 21 день назад +2

      You have "money" to put
      Interesting 😎

    • @Rs.g4b
      @Rs.g4b 19 дней назад

      Yeah, it just loses money. If you leave it in a bank you might as well invest it.

  • @yellowsnowman2321
    @yellowsnowman2321 20 дней назад +6

    Switched to a credit union and never looked back

  • @Solarr_sonar99
    @Solarr_sonar99 19 дней назад +5

    For those who are too young for union,bank or not trusting your mom for keeping your money. You can always use your wallet😊.

  • @shinobudowager3424
    @shinobudowager3424 19 дней назад

    This random youtube short made me learn that a term and a system named "Credit union" even exist, thank you.

  • @AstroGuy18
    @AstroGuy18 17 дней назад +1

    Basically
    Credit Union: Better overall
    Bank: Convenient because its everywhere
    An example is im at Suncoast and truist, i went to Kentucky and there was no Suncoast, but there was a truist, so i have no fee when pulling out money from the atm

  • @muditamudita1056
    @muditamudita1056 21 день назад +7

    I'm not old enough to have a bank account 😂

  • @IwonMin
    @IwonMin 21 день назад +6

    Bold of you to assume I have money

  • @selectaboodram
    @selectaboodram 21 день назад +16

    So basically I can place my savings into a credit union and like my everyday spending I could use a bank

    • @christianmoore7932
      @christianmoore7932 20 дней назад +1

      Yup it's what I'm about to do

    • @KeiPalace
      @KeiPalace 14 дней назад +1

      Credit unions have lower fees and interest rates for checking mortgages loans and credit cards so why go to a bank?

    • @jimmyjohnson1870
      @jimmyjohnson1870 9 дней назад

      On the other hand, the more people that invest in their local credit union, the more services they'll (in theory) be able to provide

  • @Turmoil_Piggy765Bot2
    @Turmoil_Piggy765Bot2 19 дней назад +2

    “You have so much cash it keeps falling out of your pocket, bank or credit union?”
    Pick the cash up

  • @sapphireaurora9634
    @sapphireaurora9634 19 дней назад

    I find credit unions to almost always be better. But make sure that you're credit union is part of a network. If so then you can actually access your account for a few from other credit unions. Plus they all use the same type of atm, so that's a bonus. I've had to access my account from another credit union one time, it was like a 20 minute process on top of the normal service time, plus a five dollar fee. Well worth it in my opinion though

  • @c.Orange
    @c.Orange 18 дней назад +1

    Bank charges you money to give them money, which they instantly invest or put to their loans, and then they charge you money to take your (they think it is their money) back.

  • @joojang9289
    @joojang9289 7 дней назад +1

    Bro, just put it in a wallet

  • @zacksg2933
    @zacksg2933 19 дней назад +1

    “Credit union”
    “Soviet Union”

  • @SANTOSHKADUDMTR2Zone2
    @SANTOSHKADUDMTR2Zone2 9 дней назад +1

    YOU SHOULD PUT IT IN A LOCKED WALLET

  • @rnrnrnrnrnXxXa
    @rnrnrnrnrnXxXa 14 дней назад

    “You have so much cash and it keeps falling out your pocket” The problem I wish to have

  • @RoderickRick-x2k
    @RoderickRick-x2k 16 дней назад +1

    One word ... Wallet😅😅

  • @kilegane
    @kilegane 19 дней назад

    "You have so much cash that it keeps falling from your pocket"
    Bank: ❌
    Union: ❌
    Wallet: ✅

  • @centergrup
    @centergrup 16 дней назад

    “You have to much cash and it keeps falling out of your pocket”
    we all can dream brother

  • @some1isnotavailable
    @some1isnotavailable 17 дней назад +1

    bruh I really said "I am so grateful that I don't have this problem" 😭🙏

  • @fredric10-o9b
    @fredric10-o9b 15 дней назад

    “You have a lot of cash and it keeps falling out of your pocket” one word:
    wallet.
    🤯🤯🤯🤯🤯🤯🤯🤯

  • @TheOrangeProot
    @TheOrangeProot 15 дней назад

    In my case, luckily my cu's website is usable, but our app is honestly fantastic. The design feels like someone cared, and it even looks modern too

  • @M4BitZ
    @M4BitZ 17 дней назад +1

    If you have a lot of cash and it keeps falling out of your pocket. Just give it to me. I will keep it safe for sure. 😅

  • @Kittyclub9769
    @Kittyclub9769 19 дней назад

    "Would you put it in a bank or a credit union?"
    My wallet

  • @Leftover-i6b
    @Leftover-i6b 3 дня назад

    "You have so much money that it keeps falling out of your pockets" man i wish 😢

  • @mdyasin4893
    @mdyasin4893 19 дней назад +2

    is it just me or that I even don't know something like credit union exist😅

    • @jimmyjohnson1870
      @jimmyjohnson1870 9 дней назад

      They're hard to miss in Ireland. I've seen credit unions in rural villages. A very well received American import, like the potato.

  • @BigheadXD
    @BigheadXD 18 дней назад

    nice tip! anyways here's a choccy milk recipe
    -chocolate syrup
    -milk
    stir with spoon
    -finished
    -enjoy choccy milk

  • @RaijinWolf32
    @RaijinWolf32 18 дней назад +1

    So you should do credit union?

  • @Explodedlyric
    @Explodedlyric 18 дней назад

    In California we have redwood credit union, everything they do is so much better then any bank

  • @Azaz_-kk2ng
    @Azaz_-kk2ng 14 дней назад +1

    "You have too much ca-" oh. It was a dream 😔

  • @ХакерКот
    @ХакерКот 9 дней назад

    The cash keeps falling out of pockets? Wallet. Checkmate

  • @Planegameguy
    @Planegameguy 18 дней назад +1

    "You have so much cash that it keeps falling off your pocket." i will take problem that no one has for 500 james.

  • @leventdazurhq2bi
    @leventdazurhq2bi 18 дней назад +1

    Let's talk of this when i'll have money✨️

  • @greengamer4143
    @greengamer4143 18 дней назад +2

    you should put it in your wallet. That way ur bank notes are nice and secure in your pocket.

  • @rimurutempest2377
    @rimurutempest2377 19 дней назад

    "should you put it in a bank or a union?"
    Bro no need for that, just put it in my pocket

  • @MahirMohammed-jf7eb
    @MahirMohammed-jf7eb 14 дней назад

    U don't know how frustrating when the money keep falling😩

  • @0fficialv3rl3tzt
    @0fficialv3rl3tzt 18 дней назад

    honestly better and more entertaining then the videos that schools provide for you

  • @ingilteredehayat
    @ingilteredehayat 16 дней назад

    -> instructions unclear
    -> missing: cash

  • @justinanderson5165
    @justinanderson5165 9 дней назад

    Bro, it’s not falling. I hear pocket you have so much cash for missing the pocket.😂😂😂😂😂

  • @domainfootball
    @domainfootball 8 дней назад

    the music loops so well

  • @user-jx6rf9zc5ler
    @user-jx6rf9zc5ler 3 дня назад

    "Your money falls off your pockets"
    Wish I had his problems

  • @EllenJoe_is_my_virtual_wife
    @EllenJoe_is_my_virtual_wife 19 дней назад

    "You have so much cash and it keeps falling out of your pockets"
    Wallet

  • @sankarujaini322
    @sankarujaini322 15 дней назад +1

    Bold of you to assume i have cash

  • @jinglebells-o6l
    @jinglebells-o6l 19 дней назад

    “you have alot of cash and it keeps falling out of your pocket” trust me i wish i have this problem

  • @dominickmitchell6661
    @dominickmitchell6661 17 дней назад

    My local credit union is infamous for just scamming people out of their money

  • @ImUncleServo
    @ImUncleServo 18 дней назад +1

    Can you make a video about the perfect pencil case

  • @ToBeAnArchon
    @ToBeAnArchon 17 дней назад +1

    Or do you exchange it for a 50 dollar bill😂

  • @MoniraSultana-w2x
    @MoniraSultana-w2x 16 дней назад +1

    Bro :- You have so much cash so It falls out of your pocket. 😅
    Me:- In my dreams 😪😅.
    👇

  • @Παυλίνα-ω3ξ
    @Παυλίνα-ω3ξ 17 дней назад

    "you have so much cash it keeps falling out of your pockets.should you put it in a bank or a union?"
    Me:a wallet

  • @wturner777
    @wturner777 19 дней назад

    Once you go credit union, you’ll never want to go back.

  • @siipy
    @siipy 17 дней назад

    In the uk it's called a building society, we have nationwide that has probably the most branches in the country and the best business practices and ethics.