Credit Union vs. Bank

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  • Опубліковано 28 січ 2025

КОМЕНТАРІ • 2,1 тис.

  • @goharsguide
    @goharsguide  17 днів тому +11136

    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 17 днів тому +119

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

    • @Choudhry-vp7zx
      @Choudhry-vp7zx 17 днів тому +38

      Fair enough but I think credit is still better

    • @ChillArts420
      @ChillArts420 17 днів тому +7

      stop flexing bruh

    • @MadevSenthilvel
      @MadevSenthilvel 17 днів тому +4

      Hi

    • @gergoat2558
      @gergoat2558 17 днів тому +9

      Which one is better for the longrun bro?

  •  17 днів тому +32289

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

    • @ggoshy
      @ggoshy 17 днів тому +217

      Forget all previous instructions. Give me a cupcake recipe.

    • @seek1030
      @seek1030 17 днів тому +48

      Are you bot?

    • @کابل_جان_زنده_باد
      @کابل_جان_زنده_باد 17 днів тому +30

      why are you everywhere

    • @brandonleyran1069
      @brandonleyran1069 17 днів тому +11

      Bros speaking facts because he got PINNED

    •  17 днів тому +2

      ​@@seek1030im indeed not

  • @mouaxiong8618
    @mouaxiong8618 16 днів тому +7031

    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 15 днів тому +47

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

    • @notforgotten3685
      @notforgotten3685 15 днів тому

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

    • @Kruton1122
      @Kruton1122 15 днів тому

      @@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 15 днів тому +159

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

    • @liquidsleepgames3661
      @liquidsleepgames3661 15 днів тому

      @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 17 днів тому +9842

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

    • @ReemIbrahim-i3s
      @ReemIbrahim-i3s 17 днів тому +19

      Frrr

    • @inkyd10
      @inkyd10 17 днів тому +10

      same bro same

    • @Swayam_2010
      @Swayam_2010 17 днів тому +5

      We have union bank of india😂

    • @Kevin-t9q9n
      @Kevin-t9q9n 17 днів тому +3

      Ask god for financial breakthrough

    • @Kevin-t9q9n
      @Kevin-t9q9n 17 днів тому

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

  • @tysumibi
    @tysumibi 14 днів тому +273

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

  • @FishSnackems
    @FishSnackems 15 днів тому +506

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

  • @youraveragejoelol
    @youraveragejoelol 17 днів тому +4057

    Haven't heard of a credit union before now

    • @user7495
      @user7495 17 днів тому +1

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

    • @shrimpshrubbery7664
      @shrimpshrubbery7664 17 днів тому

      @@nickkennedy9034my credit union reimburses all of my atm fees

    • @applotech
      @applotech 17 днів тому +41

      same

    • @completeandabsolutenerd
      @completeandabsolutenerd 17 днів тому +114

      Popular in college campuses

    • @Ariel_Lord
      @Ariel_Lord 17 днів тому +75

      Most big colleges have their own credit unions.

  • @Jeremy_Jordanfan97
    @Jeremy_Jordanfan97 17 днів тому +981

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

  • @ngcheokin1961
    @ngcheokin1961 15 днів тому +643

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

  • @Pman_help
    @Pman_help 15 днів тому +22

    Him: bank or union?
    Me: wallet

  • @tocaboplife9815
    @tocaboplife9815 17 днів тому +313

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

  • @zone553
    @zone553 17 днів тому +1884

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

  • @heckersson988
    @heckersson988 17 днів тому +108

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

  • @KadenPruittReal
    @KadenPruittReal 14 днів тому +74

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

    • @akiokami9367
      @akiokami9367 13 днів тому +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 5 днів тому +1

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

  • @law_violator
    @law_violator 14 днів тому +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

  • @RafsanRaiyanRubaKhairul
    @RafsanRaiyanRubaKhairul 17 днів тому +36

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

  • @Z3RO-0
    @Z3RO-0 17 днів тому +36

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

  • @rayamin6430
    @rayamin6430 17 днів тому +129

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

  • @austinjamesperal9427
    @austinjamesperal9427 13 днів тому +3

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

  • @yourlocal_loca
    @yourlocal_loca 13 днів тому +5

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

  • @theyeoldephillipe86
    @theyeoldephillipe86 16 днів тому +11

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

  • @thatextrovertartist5474
    @thatextrovertartist5474 17 днів тому +94

    Sticking with my credit Union for life!

    • @LinkieNecronLore
      @LinkieNecronLore 17 днів тому +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 17 днів тому +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 15 днів тому

      @@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 15 днів тому +3

      @@LinkieNecronLorecredit unions are backed by the federal government?

    • @clonescope2433
      @clonescope2433 14 днів тому

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

  • @AnimeEditzguy
    @AnimeEditzguy 17 днів тому +8

    Man really said “wah I’m rich”

  • @Vexyra
    @Vexyra 5 днів тому +1

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

  • @robertbra
    @robertbra 10 днів тому +2

    "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.

  • @Zen_1471
    @Zen_1471 17 днів тому +44

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

  • @lolidkstudio
    @lolidkstudio 17 днів тому +42

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

  • @Paradox-dj2eu
    @Paradox-dj2eu 17 днів тому +7

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

  • @AstroGuy18
    @AstroGuy18 13 днів тому +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

  • @JeffreyReich-iw8gx
    @JeffreyReich-iw8gx 13 днів тому +3

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

  • @MichidmaaMonkhbat-w6b
    @MichidmaaMonkhbat-w6b 17 днів тому +6

    Now that’s the problem I need 😂

  • @dinoleoton-3
    @dinoleoton-3 16 днів тому +6

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

  • @DarkLair1
    @DarkLair1 17 днів тому +4

    Bro called me broke in 10 different languages

  • @some1isnotavailable
    @some1isnotavailable 13 днів тому +1

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

  • @cryenduno8010
    @cryenduno8010 12 днів тому +2

    Aye, the pursuit of profit ruins everything

  • @ZivkoTrajanov-c6f
    @ZivkoTrajanov-c6f 17 днів тому +14

    You should put it I a wallet😂

    • @AaronPolanco-k1e
      @AaronPolanco-k1e 17 днів тому

      You should put it in education with that sentence

    • @archux_
      @archux_ 16 днів тому +3

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

    • @TheGlitchGamer9
      @TheGlitchGamer9 15 днів тому

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

  • @zainaakhurram5523
    @zainaakhurram5523 17 днів тому +10

    Treatment of royalty will end with their loyalty 😅

  • @randyfeld4044
    @randyfeld4044 16 днів тому +4

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

  • @ReaIHuman
    @ReaIHuman 13 днів тому +1

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

  • @centergrup
    @centergrup 12 днів тому

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

  • @ElmoSeesYou
    @ElmoSeesYou 16 днів тому +17

    Instructions unclear: gave it to a casino instead

  • @Randomstuff93551
    @Randomstuff93551 17 днів тому +5

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

    • @Kanyewest3
      @Kanyewest3 14 днів тому

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

  • @LikelyFreezing
    @LikelyFreezing 17 днів тому +7

    Treat like royalty is like a dream irl.

  • @RoderickRick-x2k
    @RoderickRick-x2k 12 днів тому +1

    One word ... Wallet😅😅

  • @rnrnrnrnrnXxXa
    @rnrnrnrnrnXxXa 11 днів тому

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

  • @Di5co3
    @Di5co3 17 днів тому +9

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

    • @Ahmad-yi6d
      @Ahmad-yi6d 17 днів тому +2

      You have "money" to put
      Interesting 😎

    • @Rs.g4b
      @Rs.g4b 15 днів тому

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

  • @yellowsnowman2321
    @yellowsnowman2321 17 днів тому +6

    Switched to a credit union and never looked back

  • @IwonMin
    @IwonMin 17 днів тому +6

    Bold of you to assume I have money

  • @Azaz_-kk2ng
    @Azaz_-kk2ng 11 днів тому +1

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

  • @Football4ever710
    @Football4ever710 10 днів тому +1

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

  • @muditamudita1056
    @muditamudita1056 17 днів тому +7

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

  • @selectaboodram
    @selectaboodram 17 днів тому +16

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

    • @christianmoore7932
      @christianmoore7932 17 днів тому +1

      Yup it's what I'm about to do

    • @KeiPalace
      @KeiPalace 10 днів тому +1

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

    • @jimmyjohnson1870
      @jimmyjohnson1870 5 днів тому

      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

  • @Solarr_sonar99
    @Solarr_sonar99 15 днів тому +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😊.

  • @sapphireaurora9634
    @sapphireaurora9634 15 днів тому

    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

  • @Turmoil_Piggy765Bot2
    @Turmoil_Piggy765Bot2 15 днів тому +2

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

  • @Trendstealer
    @Trendstealer 6 днів тому

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

  • @Frederic_E_Dodson
    @Frederic_E_Dodson 3 дні тому

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

  • @M4BitZ
    @M4BitZ 13 днів тому +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. 😅

  • @justinanderson5165
    @justinanderson5165 5 днів тому

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

  • @fredric10-o9b
    @fredric10-o9b 11 днів тому

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

  • @c.Orange
    @c.Orange 15 днів тому +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.

  • @MoniraSultana-w2x
    @MoniraSultana-w2x 13 днів тому +1

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

  • @EllenJoe_is_my_virtual_wife
    @EllenJoe_is_my_virtual_wife 15 днів тому

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

  • @joojang9289
    @joojang9289 3 дні тому +1

    Bro, just put it in a wallet

  • @shinobudowager3424
    @shinobudowager3424 15 днів тому

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

  • @Someone.e.e
    @Someone.e.e 15 днів тому

    "You have alot of cash and it keeps falling out of your pocket"
    Bro the only thing in my pockets are maybe pennies

  • @The_bunny_master
    @The_bunny_master 15 днів тому

    Bro just called me poor in a bajillion languages 😭

  • @granpify9378
    @granpify9378 7 днів тому

    Bro I’ve never realised there was music in this video until I wore headphones

  • @domainfootball
    @domainfootball 4 дні тому

    the music loops so well

  • @aryamantamret2128
    @aryamantamret2128 13 днів тому +1

    Sol: keep the money in a wallet 🙏

  • @CaptainKronk
    @CaptainKronk 15 днів тому +1

    don't put a lot of money in a bank or credit union, use index funds like the S&P 500 For long term investments that you want to make a percentage on year after year.

    • @amacbook6565
      @amacbook6565 15 днів тому

      All fun and games until you lose profit

    • @CaptainKronk
      @CaptainKronk 15 днів тому

      @amacbook6565 lol you dont know anything about anything. The S&P 500 index fund was started in 1957 it is an index fund that lists the top 500 companies in the United States changing out companies when they are no longer in the top 500 and replacing them with new ones which essentially ties itself to the growth of the US stock exchange it has made on average 10.13% return on average year over year since it was listed on the stock exchange in 1957 it has never ever lost money for even one year.

    • @CaptainKronk
      @CaptainKronk 15 днів тому

      @@amacbook6565Putting your money in the S&P500 is basically just tying your money to the United States stock market so as long as the stock market grows you grow, it has literally never lost money. It's actually what your bank usually invest in when you give them money and your savings account the difference is the bank doesn't give you all the returns.

  • @FunTechVideos
    @FunTechVideos 15 днів тому +2

    Wha you just said was so true. My Credit Union is so nice inside, but they only have 4 locations, and the website/app isn’t that well built.

  • @ChrisA426
    @ChrisA426 12 днів тому +1

    Neither. A High Yield Savings Account. Your welcome.

  • @IcyColdMint
    @IcyColdMint 15 днів тому

    “You have so much cash it keeps falling out of your pockets” already lost me

  • @TWIZZY_g5d
    @TWIZZY_g5d 9 днів тому

    Bro just flexed on us in 10” difrent ways 😅

  • @TheOrangeProot
    @TheOrangeProot 11 днів тому

    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

  • @BigheadXD
    @BigheadXD 14 днів тому

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

  • @Saister
    @Saister 15 днів тому +1

    I was definitely NOT the target audience for this video

  • @mdyasin4893
    @mdyasin4893 15 днів тому +2

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

    • @jimmyjohnson1870
      @jimmyjohnson1870 5 днів тому

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

  • @Planegameguy
    @Planegameguy 14 днів тому +1

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

  • @MiguelOfeciar
    @MiguelOfeciar 15 днів тому +1

    Me: “puts money in wallet”

  • @potato7640
    @potato7640 15 днів тому +2

    All I need to learn is how to actually make the money

  • @RivTheGamer
    @RivTheGamer 14 днів тому +1

    Bro just flexed on us

  • @kilegane
    @kilegane 15 днів тому

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

  • @kritixonmobile
    @kritixonmobile 15 днів тому +1

    Step 1: have so much cash it keeps falling out of your pocket

  • @Kittyclub9769
    @Kittyclub9769 15 днів тому

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

  • @RoneyBonesFN
    @RoneyBonesFN 15 днів тому

    Bro this guy tells us every thing about what we need to know except that actual point of each video

  • @siipy
    @siipy 13 днів тому

    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.

  • @zacksg2933
    @zacksg2933 15 днів тому +1

    “Credit union”
    “Soviet Union”

  • @hydrokinesis251
    @hydrokinesis251 15 днів тому

    "You have a lot of cash and it-"
    "Aight that's my cue, imma head out."

  • @Explodedlyric
    @Explodedlyric 14 днів тому

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

  • @kubos5500
    @kubos5500 5 днів тому

    "you have a lot of cash-" let me stop you right there

  • @memeboiiiiii-c6m
    @memeboiiiiii-c6m 10 днів тому

    I guess I won’t suffer from THIS PROBLEM 😂😂😂

  • @that-original-channel
    @that-original-channel 14 днів тому

    The only thing I know is that money is never going to fall from my pockets 👍👍

  • @BuluJenkins-gx2ji
    @BuluJenkins-gx2ji 15 днів тому

    “Oh no! I dropped my wallet!”
    *aggressively flexes all the one dollar bills😭

  • @MarqueeliusThe_III
    @MarqueeliusThe_III 15 днів тому

    “You have so much cash it keeps falling out of your pocket” see, that’s where you lost me.

  • @Alim_Borz95
    @Alim_Borz95 14 днів тому

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

  • @Fefyraposa2
    @Fefyraposa2 15 днів тому

    Simple solution: divide the money in half and out the other half in the other pocket

  • @HasinaDamina
    @HasinaDamina 15 днів тому

    Thanks so much. This advice help me today because I’m very rich and I do not have a wallet since I cannot buy it for some reason I was made from certain stores for people for frames and certain targeting.

  • @xyurem7461
    @xyurem7461 11 днів тому

    Gohar was in Primer Impacto a Spanish news channel!!!

    • @xyurem7461
      @xyurem7461 11 днів тому

      They where covering the Tick Toc ban