Showing posts with label annual meeting. Show all posts
Showing posts with label annual meeting. Show all posts

Saturday, February 22, 2014

1956 - Credit Union Democracy Cartoon

A cartoon addressing the perennial credit union challenge of member participation in governance from the January 1956 issue of the Bridge:


Tuesday, January 24, 2012

Occupy Your Credit Union! A Tactic for Activist Members

    While the financial crisis and economic malaise of the past few years has been truly devastating, one silver lining has been the development of increased awareness of the democratic cooperative model of financial services embodied by the credit union movement. Hundred of thousands of people responded to the call to "move your money" around Bank Transfer Day, and both the rate of growth and the stature of the credit union movement is higher than it has been in a very long time.

    All of this is very exciting! However, it only represents the first step in achieving a just financial system. Being a credit union member is not basically the same as being a bank customer who gets better rates and fewer fees; rather, at its core, credit union membership means that you own your bank. With that ownership comes not simply a claim to your fair share of the profits that Bank of America would otherwise have shipped off to its shareholders, but the right to have an equal say in determining the policies and priorities of your credit union.