Celebrating International Credit Union Day

Oct 18, 2018 7:30:00 AM

October 18, 2018, will mark the 70th anniversary of International Credit Union Day. This year’s theme is “Find Your Platinum Lining.” It combines the traditional gift of platinum for 70th anniversaries with a play on the saying “every cloud has a silver lining.”

Credit unions all over the world will be celebrating the history and the success of the “People-not-Profit” philosophy. This year’s theme emphasizes the credit union movement’s loyalty to its members and its mission to provide them financial support and guidance.

The movement began in the 1840s as a democratic consumer cooperative by weavers in Rochdale, England. Frustrated by bankers who denied them loans simply because they weren’t wealthy, the weavers and workers decided to pool their incomes and loan money to each other. In time, this cooperation put each member on solid financial ground and encouraged their own businesses to flourish.

The need for equitable financial institutions grew and, in 1971, the World Council of Credit Unions, Inc. (WOCCU) was created to help establish and maintain viable credit union movements. It has become the leading voice for advocacy and governance on behalf of the international credit union community.

Today, over 235 million people are served by credit unions in 109 countries and 6 continents.

Celebrate With HUECU

To celebrate International Credit Union Day, HUECU is offering a couple of incentives and limited time specials for our members:

  • Member Referral Program: Are you a happy HUECU member? Don’t keep it a secret! Share the HUECU Love. Refer your eligible friends, family or coworkers to us, and if they sign up, we’ll give both of you a $25 bonus. Learn more.
  • Our Highest Certificate Rates: Take advantage of our limited time certificate specials. Earn 2.25% APY on a 11-month certificate or 2.50% on a 15-month certificate. Learn more.

Tags: Community, Credit Unions