As a Family Trust member, you likely know that we started in a storage room at the Rock Hill Printing and Finishing Co. in 1957, changed our name in the 1980s and have more than 40,000 members. But did you know that there are 196 million credit union members worldwide and that we celebrate them all today –International Credit Union Day?
Today’s theme is “Credit Unions Unite for Good: A Better Way” and credit unions around the world will be celebrating. Here at Family Trust, we invite you to visit a branch for a treat and encourage you to tell your friends and family about the credit union difference.
Here are some talking points to get you started:
The cooperative idea began in England in 1844 by workers who organized to buy goods at cheaper prices, and arrived in America in 1908. The first was St. Mary’s Cooperative Credit Association in Manchester, N.H.
Credit unions are owned by their members instead of stockholders, and earnings are used to offer lower interest rates on loans and higher interest rates on savings. And while they operate much like banks, credit unions exist solely for the benefit of their members.
The credit union slogan,“Not for profit, Not for Charity but for Service,” explains why credit unions are so involved in their communities.
Here at home, Family Trust’s mission is to help people achieve financial success. We also love to support teachers and students with grants and scholarships, conduct countless free workshops on money-management; and attend community events throughout York County. We greatly appreciate the 60-plus volunteers on various committees – including our seven-member board of directors – who help guide our operations.
Thank you for being a member of Family Trust. We couldn’t do it without you.