The Credit Union Advantage

A Question You’ll Probably Never Ask Yourself

Tom Kjar

If you can answer the following question you get a “high five” from all of us:
Q: How do credit unions differs from banks, especially big, mega banks? Here’s help: invest 3 minutes and 3 seconds watching Lesson 11, “Why a Credit Union is Not a Bank,” in our series of FREE lessons in personal finance. We call it FI-Q – stands for Financial IQ.

Think I’m nuts giving you help? I’m not nuts. I’m – what’s the $2 word – incenting – you to watch the FI-Q videos. I’ll be happy if you just watch Lesson 11. I’ll be ecstatic if you watch more. And you’ll be able to catch me in the Hubble telescope if you watch them all.

Look, we invest time and money in these video lessons and we want people – our members and non-members, too – to get smarter about their personal finances, saving money and protecting their identity. Believe me, there’s good stuff here.

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Open Your Eyes to a Credit Union. No, really. Take a look.

Tom Kjar

Ever looked right at something you needed and not seen it? Be honest. We’ve all done it. Sometimes we don’t see the very thing that will help us in a particular situation. It’s kinda’ like that with credit unions, including ours.

A friend of my wife’s was lamenting the fact she’d been turned down for a debt consolidation loan at three banks because her credit score was “iffy.” Now, she knows my wife is married to the president of a credit union. We’ve even talked banking stuff with her. Did she apply for a loan at Creighton Federal? Yes, but only after my wife reminded her who she’s married to.

Long story short, she got her loan. We upped her credit score by replacing two credit cards with our lower interest rate card and consolidating a bunch of old debt. It’s easy when you know where to look. We do. So why didn’t she come to us in the first place? “You’re not a bank. I didn’t think about you,” she said. I suggested she watch FI-Q Lesson 11 in our video education series.

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The Advantage of Being Non-Profit

Tom Kjar

There’s a reason why Creighton Federal and all credit unions are not-for-profit businesses.

Remember a few years ago when a very large banking system was found to have opened millions of accounts in its account holders’ names without their permission or even knowing it had happened until the news broke? Those accounts were opened because of pressure from above to “make the numbers” in order to be more profitable.

Being not-for-profit pretty much eliminates anything like that from happening. And, if we’re not focused on being more profitable we must be trying to do something else. Like taking care of our members any and every way we can. Sound reasonable?

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Why You Should Care About the People Who Take Care of Your Money

Tom Kjar

You might think that modern day personal banking is automatic because it’s handled by computers. To an extent, you’re right. 

But people have to be responsible for those computers and those banking systems you rely on. What if they don’t care about you or your money and they’re only interested in, say, keeping their jobs? Do you really want them taking care of your money and your access to it?

If you can get at Creighton Federal just about all the same stuff you can get at Behemo-bank, along with a healthy dose of customer service that means something, why would you stay with Behemo-bank? They don’t give a rat’s patoot about you. We do. Because we know the more we do for you the better it’ll be for both of us.

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When Smaller is Better

Tom Kjar

Most of us have been taught that bigger is better. I’m here to tell you, it ain’t necessarily so!

A lot of your personal banking today is done on your smart phone. But what happens when you run into a problem you can’t fix on your phone? Like getting locked out of your Internet banking? Make a call to Behemo-bank and you’ll get a calling tree and probably a run-around. Make a call to Creighton Federal and you’ll get LaShonda or another friendly, human voice. And a solution to your problem, maybe while you’re talking. 

That’s when smaller is better. We’re not perfect but that’s the kind of service we try to give every member every time.

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A Question You’ll Probably Never Ask Yourself

Tom Kjar

If you can answer the following question you get a “high five” from all of us:

Q: How do credit unions differs from banks, especially big, mega banks? Here’s help: invest 3 minutes and 3 seconds watching Lesson 11, “Why a Credit Union is Not a Bank,” in our series of FREE lessons in personal finance. We call it FI-Q – stands for Financial IQ.

Think I’m nuts giving you help? I’m not nuts. I’m – what’s the $2 word – incenting – you to watch the FI-Q videos. I’ll be happy if you just watch Lesson 11. I’ll be ecstatic if you watch more. And you’ll be able to catch me in the Hubble telescope if you watch them all.

Look, we invest time and money in these video lessons and we want people – our members and non-members, too – to get smarter about their personal finances, saving money and protecting their identity. Believe me, there’s good stuff here. So, click here and get started.

Stay in touch,

Better Choices for Members

Tom Kjar

We tell our members – and anyone who’ll listen – we give members better choices. Even if it’s true, which it is, why do we do that? Honest answer? Because giving our members better choices is at the core of why we exist!

Credit unions – all credit unions, including Creighton Federal – are non-profit businesses. We have no profit motive. This credit union was set up in the early 1950s to serve the greater Creighton University community. We now serve some other groups, too. Our members are offered generally lower rates on loans, better rates on deposits, lower fees, lots of free services they won’t get at big banks and the intangibles that can’t be described in a blog but can be felt instantly.

For-profit businesses create income. We create better choices for our members.

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