Saying that credit unions are obligated to help their members is to state the self-evident. Credit unions were organized for the specific purpose of providing cooperative, not-for-profit financial services for people who needed a fair place to borrow and a safe place to save.
What, on the other hand, do credit unions owe their neighborhoods and communities? The essentials of good citizenship, certainly — obeying the laws, paying property tax levies, maintaining a safe and attractive facility and environment. Is that all? Or, do credit unions need to do more?
Whether it goes by names such as “community involvement” or “social responsibility,” or is just regarded as a routine part of doing business, most credit unions recognize the need to reach out beyond the confines of their memberships and practice a goodneighbor policy in the broader community. And in today’s climate of growing banker attacks and rising expectations for corporate social responsibility, making a strategic commitment to one’s community and neighborhood has never been more important...
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Taking On-Line Learning to the Next Level
From Sault Ste. Marie to Sturgis, the MCUL is committed to delivering timely, affordable, and quality training to credit union professionals. However, we know that the process of learning is a highly individual matter. What works best for “Professional A” might not work as well for “Professional B,” and probably won’t even be close to meeting the needs of “Professional C...”
Debit Rewards: They’re Here, They Work and They’re Better than Ever
Rewards programs have been around the credit card scene for some time, and are still here because they work — both in generating interchange fees and in creating an enhanced level of loyalty. Chances are you’re earning points or miles in some program yourself...