Some things have changed since the Great Depression, Some Things Remain The Same.
An economic “downturn” does not need a name to have an impact on everyone. Call it a “Recession”, call it a “Depression”, who cares what it is called. It signifies tough financial times for many. So let us take a minute and understand what happened in the 30’s and see if we can help today. Yes we can!
In 1934, our President at the time, Roosevelt, signed federal legislation officially launching the credit union movement. Credit Unions quickly became the financial home for millions of Americans because each credit union looked at its members as individuals who needed attention and a chance to provide financial security for their families and live the American dream. Credit Unions prevented regular folks from getting locked out of the banking system. They served an incredible purpose then and still do so today.
The original purpose of credit unions is alive and well in 2014. There is more need today than ever before for you, your family, your friends and co-workers to join the movement by gaining membership to your local credit union.
In a time when it seems difficult to tell the “good guys” from the “bad guys”, it makes sense to rely on people you know, like and trust. Credit Unions give each of us a chance to do just that. You can meet the key people who work there and get to know them (from the President upstairs to the Greeter in the lobby). You can gain service in credit union lobbies, at specific employer locations, over the phone and of course, online and mobile.
Credit Unions are still focused on “U”! And for that reason, you, along with the 90 million Americans who currently participate in the movement can rest assured that the trust you feel towards your credit union is warranted, earned and taken every seriously so it can be maintained.
Credit Union membership is a privilege and not available to everyone. However, there may be opportunity for you, your family, friends and co-workers to join an amazing credit union today. Reach out to us in an email and we can work with you to identify your choices.
PFP | The Family Security Plan® has been working in the credit union movement since 1973 and remains committed today to unite the nationwide community by bringing valuable information about the lives of over 400,000 credit union members who know us, like us and trust us to provide them and their families the foundation for a secure future.
Email PFP | The Family Security Plan® at: firstname.lastname@example.org
Written By: David J. Sussman Esq. CLU