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AMPRIDECU (November 30, 1999 at 12:00 am)
This was filmed by a Canadian credit union, but it's message is universal! Great Job!
NickiBaby1807 (November 30, 1999 at 12:00 am)
Thank you very much! I did a short essay on Banks vs. Credit, and becuase of this video (Where i got most of my info) I got an A! Thank you so much!
IthacaStLondon (November 30, 1999 at 12:00 am)
@TchiSeenTapAndNap I completely agree. "Oh Canada..." :giggle:
TchiSeenTapAndNap (November 30, 1999 at 12:00 am)
This was ridiculously cute. I loved it.
doinkusamongus (November 30, 1999 at 12:00 am)
@CorticalCirclet Thank you very much! We'll be switching then right after the holidays.
CorticalCirclet (November 30, 1999 at 12:00 am)
@doinkusamongus Credit unions are not insured by the FDIC. However, they are insured by the NCUA, which is likewise backed by the full faith and credit of the United States. Both the FDIC and NCUA insure depositors up to $250,000, and due to 2010 legislation, that amount is not scheduled to change. I'm also considering switching to a credit union, and as far as I can tell, their deposit insurance guarantees are effectively the same as any bank's.
doinkusamongus (November 30, 1999 at 12:00 am)
Honest question. Are credit unions FDIC insured? Last I heard, the answer was NO. Not that it might make a difference in another '08 type failure but then it might. Thanks to anyone who can answer this here. I will also make some calls myself. Thanks again. I'm seriously considering dumping Wells F and going credit union. I already dumped Chase. Didn't move Chase to Wells, BTW. Had Wells and Chase for years. Now, just Wells.
DrEvilVader (November 30, 1999 at 12:00 am)
@MrMetinnn And banks are? Lehman Brothers (600 billion $ in assets) bankrupted in 2008. Don't talk about fail safes because terms like ''fail safe'' and ''too big to fail'' do not apply in 21st century economy (in 20th sure, but not anymore)
Ibreitenbach (November 30, 1999 at 12:00 am)
In my experience credit unions are more expensive. who voted for that? maybe they need more members. fact is whether your a credit union or a bank you both report the Federal Reserve which is a central bank. The Federal Reserves reports to the IMF "International Monetary Fund" which is the central bank for the world. If you don't like banks and are tired of being controlled by money I suggest your start with the head of the dragon. |
