International Credit Union Day Celebrates “Together We're Better”
For over 55 years, credit unions have set aside the third Thursday in October to celebrate International Credit Union Day. Each year, it gives us an opportunity to remember our proud history as we promote understanding and support for the credit union difference.
In 1848, Freidrich Raiffeisen, mayor of Flammersfeld, Germany conceived of the idea for a credit union to help ease the distress of farmers suffering from the famine that had struck his district. Credit unions have kept their purpose constant for more than 150 years. Today, more than 123 million people belong to 40,421+ credit unions around the world.
Member service is the foundation of the credit union movement. Whether a credit union is providing a loan to help a member cover unexpected medical bills, giving financial counseling to a member whose company closed its doors, or simply offering a better deal on a used car loan, the credit union is making a difference for its members and the community as a whole.
This International Credit Union Day, we are excited to be a part of your dreams and achievements. Thank you for being part of the credit union difference! |