On Oct. 17, people worldwide will celebrate International Credit Union (ICU) Day, a day dedicated to recognizing the role that credit unions play in empowering people to build financial security and contribute to their communities. This year’s theme, "One World Through Cooperative Finance," highlights how credit unions are making a global impact by promoting financial inclusion and empowering underserved communities.
If you’re not familiar with credit unions, this is a great time to learn more about these unique, member-driven institutions. Unlike traditional banks, credit unions are not-for-profit organizations that exist solely to serve their members. Instead of maximizing profits for shareholders, credit unions reinvest earnings back into the services and benefits that directly impact their members. Whether it's through lower loan rates, higher savings returns, or reduced fees, credit unions are designed to make financial well-being accessible to everyone.
ICU Day is a time for celebration, education, and participation. Here are a few ways you can get involved:
Even as credit unions celebrate their achievements on Oct. 17, they also look toward the future—working to expand their reach, innovate their services, and continue their mission of empowering individuals and communities. As always, the Cornerstone Foundation is dedicated to helping credit unions so they can continue to make a positive impact.