Why do millions of people worldwide choose credit unions?
As cooperative and democratic financial institutions, credit unions’ success depends on the success of their members and their community. Your best interest is in our best interest.
This October 18th, St. Columba’s Credit Union will join more than 89,000 credit unions from 117 countries and millions of members globally to celebrate the 70th anniversary of International Credit Union Day. This international event affords the opportunity to remember credit unions’ proud history and promote awareness of and support for the credit union.
Reasons to join in the celebrations with us:
- At a local level we donate thousands of euros each year to various organisations in the community such as charities and clubs.
- Lately credit unions have received positive press for being trustworthy and resilient institutions during a tumultuous time. Credit union members can be proud of these accomplishments and rest assured that their money is safe at the credit union.
- At an international level The Worldwide Foundation for Credit Unions, which is a charitable nonprofit that supports the World Council of Credit Unions in its mission of providing financial inclusion to millions worldwide by offering tools and engagement experiences to credit unions looking to do “Global Good” through the credit union movement. They gave over US $1.4 million to support the global credit union community.
- This year, World Council has implemented development projects in six countries: Colombia, Guatemala, Haiti, Kenya, Uganda and Ukraine. The programs focus on developing digital solutions to expand financial inclusion, increasing access to agricultural finance, incentivizing the creation of affordable housing options, and promoting legal and regulatory reform.