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our next story is about one of the oldest credit unions in california it's called patriots what is a credit union one of the best examples is from the movie it's a wonderful life a good and honest businessman named george bailey played by jimmy stewart runs one of these early models of a credit union essentially they do the same thing as banks but the banks are owned by shareholders so profits go back to them whereas credit unions are owned by the members so profits go back to the members in the form of lower interest rates hear now the story of patriots from its humble roots of people helping people that's george bailey that's him when he was 12. you know george i feel that in a small way we are doing something important satisfying a fundamental age to remember one's own roof walls and fireplace in jimmy stewart's classic film it's a wonderful life george bailey is fighting for the hometown he loves by running an early credit uni

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