Happy International Credit Union Day!
Education First Credit Union – Local Service. Global Reach.
Everything credit unions do serves the needs of members on a local scale. Credit unions impact local communities across the globe by bringing financial empowerment to their community, which inspires other credit unions to enhance their service.
Education First joins with 56,000 credit unions around the world in celebration of International Credit Union Day. There are 200+ million credit union members around the world – more than 100 million in the U.S. alone – and we join them in celebration of the not-for-profit cooperative spirit that all credit unions share!
This cooperative spirit has led to life-changing opportunities for people all over the world who’ve wanted to start a small business, own a home or continue their education but were denied access to other financial institutions. In many parts of the world, people’s first taste of democracy is through their credit union, where “one member, one vote” is the governing structure.
At its most basic level, a credit union is people pooling their money to provide each other with affordable loans… it is literally people helping people. This is why Education First celebrates ICU Day. Because credit unions empower people, wherever they are in the world or life, to take control of their financial future.