Are Credit Unions the Answer to Bank Failures?

Are Credit Unions the Answer to Bank Failures?

The Plain Bagel has finally released a new video! We're happy to share it today on Croblanc. It was released on May 26, 2023 and it has already made a lot of talk on social networks!

As some time ago, many of you had visited one of our articles about one of the last videos of the channel The Plain Bagel, we are doing it again today because we know how much it makes you happy. And that's why we're telling you about it today, this brand new video should interest you.

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For your information, you can find below the description of the video Are Credit Unions the Answer to Bank Failures? published by the Youtube channel The Plain Bagel:

Credit unions are a pretty unique financial institution, given that they operate as a not-for-profit. But are they better than the banks? And are they immune to the problems of the banking sector? We dive into it in today's episode.

00:00 - Intro
01:13 – What are credit unions?
03:41 – Why credit unions aren’t more popular
07:14 – Are credit unions immune to failure
07:51 – Advantages of credit unions
09:50 – Deciding where to bank

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DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer).