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National Credit Union Foundation and Corporate One FCU Release Video on the 7 Cooperative Principles of Credit Unions
Wednesday, August 19, 2015 6:40 AM

7 Cooperative Principles Video

Yesterday the National Credit Union Foundation and Corporate One FCU release a short video about the cooperative principles for credit unions.  This video helps credit unions show how they work together to benefit all members.  Credit unions are encouraged to share the video with their members, staff and community. 

The animated video discusses the benefits of credit unions and talks about the 7 cooperative principles credit unions are founded on.

The video is available for download and on YouTube below.

“Part of the credit union difference is the fact that they are cooperatives,” said Gigi Hyland, Foundation Executive Director. “We need to celebrate that and shout it from the rooftops! Therefore, we hope credit unions share this video far and wide to help people better understand our cooperative advantage.”

“Corporate One is by definition exactly what the seven cooperatives principles are all about,” said Lee Butke, President and CEO of Corporate One Federal Credit Union in Columbus, Ohio. “We were built by our member credit unions working together for a common goal, making it easier for people to achieve financial success. We’re proud to team up with the Foundation to make this video available to help credit unions spread the word about the unique and powerful principles that are the foundation of the credit union movement.”

About the National Credit Union Foundation (ncuf.coop):
The National Credit Union Foundation (the Foundation) is the charitable arm of the U.S. credit union movement and works as a catalyst to improve people’s financial lives through credit unions. Through Foundation grants and programs, credit unions provide widespread financial education, create greater access to affordable financial services, and empower more consumers to save, build assets, and own homes.  Donations to the Foundation enable credit unions to help their members reach life-changing goals and achieve financial freedom.

The National Credit Union Foundation is a 501(c)(3) tax-exempt charitable organization. The Foundation continues to earn the Better Business Bureau seal of approval as an “Accredited Charity” for meeting all 20 BBB Wise Giving Alliance Standards for national charities.

About Corporate One (corporateone.coop):
Corporate One Federal Credit Union is one of the nation’s largest and most progressive corporate credit unions with more than $5.5 billion in assets in assets under management. We offer correspondent solutions, including ATM/debit cards, credit cards, share draft imaging, and depository and electronic payment and investment services to credit unions across the U.S. Throughout our history, Corporate One has developed innovative solutions such as SimpliCD, the turnkey certificate of deposit program now marketed by corporate credit unions nationwide; Alliance One, one of the nation’s largest non-network-specific ATM selective-surcharging groups; and Clique, a world-class, EMV-ready Cards Solution, designed specifically for small and mid-sized credit unions.