Des Moines–Credit union representatives from across the state will gather at the Iowa State Capitol at 1:30 p.m. on Thursday, October 18 as Iowa Governor Terry Branstad signs a proclamation declaring the day as Credit Union Day in Iowa.
"While this is part of an international initiative, it's important that we recognize at the state level the importance credit unions have in their communities," said Patrick S. Jury, CEO/President of the Iowa Credit Union League. "We appreciate Governor Branstad signing this proclamation and recognizing the work credit unions do to help their members."
The Credit Union Day proclamation recognizes the Iowa credit union community for its continuing advancement of the financial well-being of credit union members and the contributions made to their respective communities.
International Credit Union Day is celebrated the third Thursday of October each year. This year's theme "Members Matter Most" speaks to the heart of the credit union philosophy of "people helping people."
Credit unions are not-for-profit financial cooperatives that provide an effective and viable alternative to for-profit financial institutions for more than 196 million members in 100 countries worldwide. They exist to serve their members, providing a safe place to save money and access affordable loans.
As part of Credit Union Day, many Iowa credit unions will be holding celebrations in their branches. To find out more about International Credit Union Day, visit www.woccu.org/events/icuday.
The Iowa Credit Union League is the trade association that represents the interests of Iowa credit unions and their nearly one million members. Credit unions are not-for-profit, financial cooperatives owned and operated by their members. Iowans use their credit union membership to receive higher interest rates on savings and lower interest rates on loans. For more information on ICUL and Iowa credit unions, visit IowaCreditUnions.com. Follow ICUL on Twitter at www.twitter.com/icul or on Facebook at www.facebook.com/iowalittleguy
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