Credit Union Week Full Of Celebrations, Opportunities

October 14, 2014

The week of October 12-18 marks the celebration of International Credit Union Week in Maine and across the world.  While much of the celebration will focus on International Credit Union Day itself on Thursday, October 16, many Maine credit unions are offering activities, events and other celebrations throughout the week for both existing and potential members.

"For 66 years, credit unions have set aside the third Thursday in October to celebrate International Credit Union Day.  In recent years, the celebration has been expanded to include the entire week. This special occasion gives credit unions an opportunity to remember their proud history, while promoting understanding and support for the credit union difference," remarked John Murphy, President of the Maine Credit Union League, the state trade association for Maine's 61 credit unions and 646,000 members.

Looking at all of the choices available in the financial services industry, the credit union difference is clear: no matter where you are, credit unions are 100% focused on meeting and exceeding members’ financial services needs. With credit unions, every member is an owner with an equal vote in the election of the credit union's volunteer board of directors. There are no stockholders at credit unions, and earnings are returned to members in the form of lower rates on loans and higher rates on savings, or invested back into the credit union to provide more of the services that members need and want. 

Whether a Maine credit union is providing a loan to help a member make their home more energy efficient, giving financial counseling to a member whose company closed its doors, or simply offering a better deal on a used car loan, credit unions are supporting and serving their members and the community as a whole. Locally or internationally, during International Credit Union Week or at any time of the year- a Maine credit union is where you know your money will be local, safe, and great service is guaranteed.