On Thursday, Oct. 18, CoVantage Credit Union invites the public to join their members, directors, and staff in celebrating International Credit Union Day, an event to commemorate the credit union movement’s history and achievements.
Credit unions are not-for-profit financial cooperatives that provide an effective and viable alternative to for-profit financial institutions for more than 196 million members in 100 countries worldwide. They exist to serve their members, providing a safe place to save money and access affordable loans. More than 66,000 of those credit union members live or work in north central Wisconsin and upper Michigan and enjoy the financial benefits of belonging to CoVantage Credit Union.
Since 1948, International Credit Union Day has been celebrated annually on the third Thursday of October. Each year, the international event affords the opportunity to remember credit unions’ proud history and promote awareness of and support for the credit union difference. This year’s theme, “Members Matter Most,” celebrates the important economic and social contributions credit unions make to their communities worldwide. It also aligns cooperatively owned and controlled credit unions with the greater cooperative business sector and the United Nations, which is also celebrating 2012 as the International Year of Cooperatives.
CoVantage Credit Union President Brian Prunty said, “We continue to work hard to develop ways to serve all members, regardless of their situation. Young, old, financially secure or living from paycheck to paycheck, all members have financial needs, and it is our job, and all credit unions for that matter, to work to meet those needs.”
In celebration of International Credit Union Day, refreshments will be served on Oct. 18 in CoVantage’s Antigo, Wausau, Weston, Rib Mountain, Rothschild, Crandon, Shawano, Rhinelander, Iron River and Crystal Falls offices.