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Tag: International Credit Union Day

How Well Do You Know Credit Unions?

From a street view, the credit union looks just like a bank: rows of teller windows, convenient drive-through lanes and attractive lobbies. But hidden within those walls are some key differences that clearly separate credit unions from banks. Yet somehow credit unions still remain a mystery to many consumers including

International Credit Union Day: A Brief History

This is the story of an idea. A simple idea: that people could pool their money and make loans to each other. It’s the credit union idea, and it evolved from the cooperative activities of early 19th century Europe. The first of these cooperatives was an 1844 marketing cooperative organized