In the VSECU Blog you'll find financial and lifestyle resources to help empower possibilities for your personal success.
“This is the moment credit unions were invented for. Or at least should have been...” This message from author, speaker, and former VSECU consultant Douglas Rushkoff hit my inbox in July earlier this year. VSECU had benefited from Douglas’s insights before and MIT named him one of the world’s top ten influential thinkers, among other accolades, so his words had weight. He was simultaneously praising of the foundations of mutual aid and shared values that credit unions are built upon and issuing a challenge for credit unions to rise to the many difficulties we are facing in 2020. So, on International Credit Union Day, a day when we celebrate the contributions of credit unions, we ask, “What is it about credit unions that makes them meaningful in this moment?” and “What are credit unions doing to meet the challenges of today?
Credit unions tend to serve local populations, so finding a branch while you’re traveling afar can be a trick. The CO-OP Shared Branching Network has solved this problem by allowing credit unions across the country to band together and offer services to members of all networked credit unions.
As a member and an employee of my local credit union, the question “Why Join a Credit Union” is one I’ve given a lot of thought to.
Believe it or not, your money is powerful. You use it to buy everyday things like clothes, food, and utilities—those things that make it possible to live. You may also use it to provide your kids with an education that opens opportunities for them in the future. Or give it to local charities to express your values and help others out of a tough situation. That’s all powerful stuff.
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So here's a fun fact, which also happens to be the reason I’m writing this blog: International Credit Union (ICU) Day comes every year on the third Thursday of October (October 18 in 2018). It’s a big day for credit unions and this year (2018), the theme is “Find Your Platinum Lining.” If you’re wondering why they're messing with your silver lining, they have a good reason. This is the platinum (70th) anniversary of ICU day, which started in 1948 and has been celebrated on the third Thursday of October since then.
March is Women’s History Month and VSECU has a lot to celebrate during this month. Not only did women play an important role in the development of the credit union industry in the United States, but they were equally necessary to the founding of VSECU.
If you’ve played the board game Monopoly, you have probably experienced the heated arguments, flipped boards, and endless play time that normally comes with it. But what you may not know about Monopoly is these horrible experiences we have are all part of the game.
Make an impact through values-based banking The term banking is used to describe the act of using your money for your own financial well-being. It could be saving money in a bank account, paying bills in online banking, or borrowing money for a home, vehicle, or for some other purpose.