Each year credit unions around the world come together to celebrate International Credit Union Day to raise awareness of the credit union movement and highlight the important financial partnership we have with our members. This annual event has been celebrated on the third Thursday of October since 1948.
Credit unions are not-for-profit, democratically controlled, volunteer-run, member-owned cooperatives. We exist to serve our members, and that level of service remains high even during even the toughest times. Credit unions provide value to our members by returning earnings in the form of lower loan rates, higher interest on deposits, and lower or even no transaction fees.
Throughout this year's global health crisis, credit unions have stayed true to our cooperative principles and stepped up during this time of economic uncertainty. Credit unions believe hope is a global resource that everyone has a right to feel and experience. This year's theme, “Inspiring Hope for a Global Community,” reflects how credit unions contribute to a brighter future by providing financial empowerment to people all over the world through financial services, education and support.
Join us in celebrating International Credit Union Day on Thursday, October 15, 2020, and thank you for your membership!