International Credit Union Day


 

ICU Day 2015- People Helping People 

The credit union movement began 160 years ago with a simple but radical idea. That with the help of your neighbors, you can improve your financial well-being. 

The idea spread across the world, and credit unions flourished, especially during times of economic hardship. 

During the Great Depression, scores of ordinary Americans-farmers, tecahers, small business owners- found themselves without access to banking services, so they banded together to become their own not-for-profit financial instutition. Credit Unions opened in record numbers. 

During the Great Recession, again credit union memberships swelled. Today there are more than 200 million credit union members worldwide-100 million of them in the U.S.

But even after all this time, the bedrock principles of credit unions remain unchanged. Credit unions are still:

People comeing together to be their own bank, so no one can deny them a path to prosperity. 

People pooling their savings to provide each other affordable credit. 

People helping people. 

To celebrate this powerful movement, join Members First Credit Union at any of our 5 locations on Oct. 15th, 2015. 

 

Copyright 2015 Credit Union National Association. Inc.