October 18, 2018 will mark the 70th anniversary of
International Credit Union Day.
Credit unions all over the world will be celebrating the history and the success of the “People-not-Profit” philosophy. Today we celebrate the credit union movement’s loyalty to our members and our 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 he international credit union community.
Today, over 235 million people are served by credit unions in 109 countries on 6 continents.
Join us at any of our offices on October 18th, as The Board of Directors and Staff of Partnership Financial Credit Union Celebrates YOU
-Our Valued Member
