MADISON, Wis. (10/16/08)--President Bush commended credit union employees for their commitment to excellence, integrity and personal responsibility in a letter proclaiming International Credit Union Day (ICU Day), which is being celebrated by credit unions around the world today.
“Credit unions provide financial services for millions of members worldwide. As nonprofit financial institutions, credit unions play a vital role in expanding economic opportunity and helping individuals and families achieve their dreams. For nearly 100 years, credit unions in America have made a positive difference in the lives of their members and the communities they serve,” Bush wrote. ICU Day was established by the Credit Union National Association (CUNA) in 1948 to celebrate the international credit union movement. This year’s theme is “It Belongs to Me.” "This year’s theme celebrates the economic democracy and equal ownership rights of each credit union member, regardless of how much money a member has on deposit," said CUNA President/CEO Dan Mica. "Our unique structure and the philosophy it engenders are at the root of the extraordinary affinity that members have for their credit unions." "In a movement that is marked by cooperation rather than competition, International Credit Union Day is the perfect time for credit unions groups to demonstrate their spirit of unity and service to members. After all, it is this cooperative spirit and commitment to members that we celebrate today," he added. Activities at credit unions today:
* Board directors from ONR Employees’ North Bay CU, Canada, are greeting members at the credit union throughout the day. ONR also is holding a non-perishable food drive to support the credit union philosophy of “people helping people”; * VA Pittsburgh (Pa.) EFCU is giving away cash door prizes each hour and is placing $5 in new members’ accounts; * Southend CU in the United Kingdom is holding an international coffee tasting; * Valley Oak CU, Three Rivers, Calif., will open the doors for members in each branch and will wash the windshields on members’ cars; and * Watertown Employees (S.D.) FCU employees will be speaking during radio spots inviting the community to the credit union’s celebration.
Delaware credit unions are celebrating International Credit Union Week, which started Monday and will end Saturday, by publishing their seventh Credit Union Supplement in The News Journal
, Delaware’s state newspaper. The 16-page supplement was paid for with advertising from Delaware credit unions, according to the Delaware Credit Union League. The supplement, “My Credit Union: It Belongs to Me” highlights the safety and soundness of Delaware credit unions and explains the difference between credit unions and banks. It also includes a directory of all 34 credit unions in Delaware. More than 120,000 copies of the supplement were inserted into the newspaper. The World Council of Credit Unions also is hosting a special ICU Day webcast with WOCCU President/CEO Pete Crear (use the link). WOCCU and CUNA also are sponsoring a reception at the Cannon House Office Building on Capitol Hill. During the reception, credit union contributions will be honored. Attendees include Capitol Hill staffers, National Credit Union Administration board members, representatives from the credit union trade press, and credit union representatives.