International Credit Union Day Celebration a Success at the Tobacco Valley Teachers Federal Credit Union

Enfield, CT – October 22, 2019 - The Tobacco Valley Teachers Federal Credit Union (TVTFCU) in Enfield recently celebrated International Credit Union Day with this year’s theme of, “Local service. Global reach.” There are 200+ million credit union members around the world—more than 100 million in the U.S. alone—and TVTFCU joined them in celebration of the not-for-profit cooperative spirit that all credit unions share.

This cooperative spirit has led to life-changing opportunities for people all over the world who’ve wanted to start a small business, own a home or continue their education but were denied access to other financial institutions. In many parts of the world, people’s first taste of democracy is through their credit union, where “one member, one vote” is the governing structure. At its most basic level, a credit union is people pooling their money to provide each other with affordable loans—it is literally people helping people. Any profit made by a credit union is returned to its members through higher savings rates and lower loan rates. Credit unions empower people, wherever they are in the world or life, to take control of their financial future.

TVTFCU celebrated by providing refreshments, give-a-ways and prizes. A Liberty Mutual Insurance representative was on hand to provide information about discounts and benefits exclusively for credit union members. The credit union also offered “TVTFCU Days at Costco” where TVTFCU members could visit Costco in Enfield even if they did not have a Costco membership.

“We enjoy celebrating Credit Union Day with our members. This is a day to show appreciation for our members as well as remember all the benefits the credit union movement has provided to individuals world-wide. It is also a day to recognize the hard work of our staff and volunteer board members,” said Lori Triba, CEO/Manager for the Tobacco Valley Teachers Federal Credit Union.

To learn more about the benefits of credit unions visit www.asmarterchoice.org.