International Credit Union Day Celebration at TVTFCU
he Tobacco Valley Teachers Federal Credit Union (TVTFCU) in Enfield recently celebrated International Credit Union Day which marked it’s 75 Anniversary. There are 393 million credit union members in 118 countries, and TVTFCU joined them in celebrating 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 have wanted to start a small business, own a home, or continue their education but were denied access by 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 comprised of a group of 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 give-a-ways, refreshments and a prize drawing for its members.
“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 worldwide. 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.yourmoneyfurther.com.
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