St. John Valley

Credit union to celebrate International Credit Union Day

MADAWASKA, Maine — On Oct. 17, 2019, NorState Federal Credit Union will join with 56,000 credit unions around the world in celebration of International Credit Union (ICU) Day. 

A schedule of NorState’s weeklong celebration can be found on its website at or on its Facebook page.

There are 200-plus million credit union members around the world — more than 100 million in the U.S. alone — and NorState F.C.U. joins them in celebration of the not-for-profit cooperative spirit that all credit unions share. 

This cooperative spirit has led to life-changing opportunities for people all over the world who’ve wanted to start a small business, own a home or continue their education but were denied access to other financial institutions. In many parts of the world, people’s first taste of democracy is through their credit union, where “one member, one vote” is the governing structure, said credit union officials.

At its most basic level, a credit union is people pooling their money to provide each other with affordable loans. It is literally people helping people. 

That is why NorState celebrates ICU Day all week long, because credit unions empower people, wherever they are in the world or life, to take control of their financial future.

Credit union professionals from across the globe helped World Council of Credit Unions and the Credit Union National Association pick the theme for International Credit Union Day 2019.

The public is welcome to stop by NorState FCU and celebrate a movement that concerns itself with the financial success of all people. 

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