The Difference between Banks and Credit Unions: Part 1

by Otto on January 25, 2008

Brent Dixon posted "Larissa explains it all" on Open Source CU yesterday and I have to say that I’m extremely impressed!  The comments on Open Source CU have been extremely positive.

Since I work at Northwest Community Credit Union, I grabbed the YouTube link and forwarded to our CEO and several other internal people.  Here are a couple of the comments so far:

"Otto that was awesome.  We should be playing that on our screens in the branches."  – Helen Byrnes, CEO

"That is awesome!"  – Matthew Purvis, VP of Marketing

"I LOVE this!  … And I agree about SST."  – Terry Reich, Training Coordinator

The SST comment by Terry Reich is Northwest’s Success Skills Training that all new employees attend.  It is a training session that covers job specific information, but equally as important, credit union history, the movement, etc.  This video could be used to help new employees (heck, even existing employees) understand why CU’s are different than banks.

The "… screens in the branches" comment by Helen is a new iTech Northwest product that Ben Skolnick is working on called InputFive.  We have large LCD / Plasma screens in all of our branches and we use to publish branch specific marketing messages.  One of our goals is to be able to leverage content via RSS and this might be a great first step in that direction.

One last comment:  Larissa rocks my socks.  Great video, can’t wait to see Part 2!


Brent Dixon June 16, 2008 at 8:59 am

Otto, that is awesome. Let me know if you end up showcasing the video in your branches. I’d love to hear if members react and how they do. I hope their socks get rocked.Also, I just read on <a href="">Currency Marketing’s blog</a> that the video is now featured on the homepage of <a href="">the World Council’s website</a>. Crazy.

Brent Dixon June 16, 2008 at 8:59 am

Oops, sorry about the html/link weirdness.

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