CU Week Celebration A Success!

October 16, 2015

'People Helping People,' a philosophy which Maine credit unions embrace all year long, had a special spotlight during International Credit Union Week (October 11-17).  This year's ICU Week theme was 'People Helping People' and, through celebrations ranging from fundraisers to barbecues to financial fitness fairs, Maine CUs celebrated the spirit of that philosophy all week long.

With record membership, strong loan activity and an unmatched commitment and dedication to community, Maine's credit unions had even more reason to celebrate their success.  "Maine now has more than 661,000 credit union members, an indication that credit unions are more popular than ever.  ICU Week provided an opportunity for Maine CUs to celebrate with current members, and to highlight awareness about credit unions with potential members.  It was great to see credit unions celebrating in a variety of ways," explained John Murphy, President of the Maine Credit Union League.

At the state's first credit union, Infinity FCU (formerly Telephone Workers of ME FCU), which was founded in 1921, the CU celebrated International Credit Union Day by collecting food and contributions for local food pantries.  "We love our members, and our communities so this combined both of those and gave us a chance to highlight what credit unions are all about," remarked Elizabeth Hayes, President/CEO of Infinity FCU.  At Taconnet FCU, the members and non-members were treated to a barbecue, live music and fun at both its Winslow and Skowhegan branches.  "ICU Day is a big day for us and a way to recognize our member-owners.  The barbecue is a great way to bring members to the credit union, and say thank you," explained Karen Denis, President/CEO of Taconnet FCU.

International Credit Union Day was first celebrated in 1948.  At the time, Maine had 40 credit unions with 14,970 members and $1.5 million in assets.  Today, Maine has 60 credit unions with 661,000 members and $6.6 billion in assets.