What is a credit union? If you don't know about what credit unions are, boy have I got news for you - you've been doing your banking wrong! In this video, I discuss the age old debate of Credit Union vs Bank. I tell you about what a credit union is, how a credit union works, and what makes a credit union different from your normal bank. At the end, I'll give you my recommendation for whether you should use a bank or credit union.
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FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. NOT LEGAL OR FINANCIAL ADVICE. The information provided in this video and on this channel is for educational and informational purposes only. It is not intended to be a substitute for legal or financial advice that can be provided by your own attorney, accountant, and/or financial advisor. Practical Personal Finance accepts no liability whatsoever for any losses or damages arising from your own personal financial decisions. You are advised to consult with your financial advisor, tax professional, or attorney regarding any and all financial decisions involving your own income and taxes.
Credit Unions: The Best Kept Secret in Banking
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