Fri, Oct 16, 2015
Raleigh, North Carolina
This week, credit unions world-wide will be celebrating International Credit Union Day. This annual event, since its inception in 1948, celebrates the active role credit unions play in improving the financial well-being of individuals in communities across the globe.
The theme of this year’s celebration, “People Helping People,” is the foundation the credit union movement was built on. It underscores the important role credit unions serve in today’s communities, and embodies the credit union spirit of cooperation that sets us apart from other financial institutions.
Credit unions continually demonstrate their ability to improve the lives of individuals, families, communities and countries around the world, and have done so for generations.
This day of celebration helps raise awareness of the benefits of credit union membership and shines a bright light on the long history we have providing services to those turned down by other financial institutions, serving communities neglected by banks, and expanding services to meet ever-growing consumer needs.
Community commitment and trustworthy services differentiate credit unions from other traditional “for-profit” financial institutions. Credit union principles truly change people’s lives — for more than 150 years credit unions have proudly put people and community first in order to provide access to affordable financial services for all of their members.
As we celebrate International Credit Union Day, we both honor and celebrate those that have dedicated their lives to the credit union cause, and take time to remember and reflect on the importance the credit union movement has had on all of us as individuals and within our communities. We recognize the important economic and social contributions credit unions make to their communities – contributions that inspire more than 217 million people worldwide to choose credit unions as their partner for accessible financial services.
Today, more than 57,000 credit unions in 105 countries serve countless communities throughout the world. This week, we join our fellow credit unions and their members to celebrate “People Helping People.”