Last night the Piedmont Chapter of Credit Unions got together. This group is made up of volunteers, members, and employees from different credit unions across southern Virginia. It was fitting to meet on International Credit Union Day. Don Graham from the Virginia Credit Union League talked about how credit unions have grown over the years all over the world and how they come to each others aid in times of need. He shared reports of how this was lived out just last month by Texas credit unions in the wake of Hurricane Ike. (You can still support credit union people affected by Ike, click here.)
Recently we actually lived it out right here. Last week while visiting a school I ran into a teacher who was already a member of Danville City Employees Federal Credit Union (through her husband). Since I’ve seen the statistics which say that credit unions only have about 10%-15% of the personal finance market share in America, I really didn’t try very hard to win her business. Rather, I complimented the other credit union and thanked her for supporting it. With 90% of people using banks, credit unions don’t need to be fighting over each others members. It really is for the good of all credit unions that we continue to support each other even when our memberships overlap like this.
Another example happened at last nights meeting. Kevin from Martinsville DuPont Credit Union, shared about what they learned from the recent phishing and vishing attack directed against their credit union. The information was very valuable and will no doubt find it’s way into one of our upcoming financial education courses.
I’m so pleased to once again be active in our local credit union chapter. I’m also glad to see the goodwill and cooperative nature of local credit unions being lived out in tangible ways. If you’re a credit union employee reading, you should certainly consider coming to a chapter meeting. The next meeting is November 6, 2008 at the Ballou Park Senior Center in Danville, VA. If you’re a member, you should be proud to be part of your credit union and please let your credit union know what you think of it. If you’re not a member, you need to find a credit union!