People's Trust establishes Employee Co-Op Club to advocate for CUs

Posted: Aug 5, 2019 | Author:

People’s Trust Federal Credit Union in Houston set a new donation goal for the Texas Cornerstone Credit Union League Political Action Committee (TCCUL PAC), after surpassing last year’s expectations.

The Cornerstone Credit Union League released its midyear results, and People’s Trust is at 171% of its 2019 goal.

To keep the credit union active with the PAC, team members set up an employee advocacy group called the Employee Co-Op Club. The Co-Op Club is designed for employees to be advocates for People’s Trust and the credit union movement. There are three levels participating employees can choose from: bronze, silver, or gold.

Being a Co-Op member includes:

An annual donation to the People’s Trust Foundation;
A payroll deduction to the PAC; and
A direct deposit into the individual’s People’s Trust checking or savings.

To encourage employees to participate, each level has different benefits:

Bronze Level

Silver Level

Gold Level

Benefits:

Jean days every Friday;
Two hours paid time;
Private annual event with the CEO, and
Other personal credit union advantages.

Benefits:

Jean days every Wednesday and Friday;
Two free chapter meetings;
Four hours paid time;
Private annual event with the CEO; and
Other personal credit union advantages.

Benefits:

Jean days every Monday, Wednesday, and Friday;
Unlimited free chapter meetings;
Eight hours paid time;
Private annual event with the CEO; and
Other personal credit union advantages.

To qualify:

$5 annual donation to the People’s Trust Foundation;
$1 payroll deduction per pay period to the PAC; and
No direct deposit required.

To qualify:

$10 annual donation to the People’s Trust Foundation;
$2 payroll deduction per pay period to the PAC; and
$100 direct deposit.

To qualify:

$25 annual donation to the People’s Trust Foundation;
$5 payroll deduction per pay period to the PAC; and
$250 direct deposit.

“We have a great program, and we are constantly improving and changing the benefits of joining our payroll deduction program,” said Jenny Prieto, People’s Trust Employee Co-Op Club lead/education specialist.

Through its Employee Co-Op Club and candy sales, last year People’s Trust raised $9,383, which was 365% of its $2,570 goal. For 2019, People’s Trust has already surpassed its goal by 171% and has raised $4,248 only halfway into the year.

“As a credit union advocate, I encourage our employees to understand the importance of donating to the TCCUL PAC,” said Angela McCathran, president/CEO of People’s Trust. “I’m proud that we have such a supportive group of employees that participate in the Co-Op Club and with the candy sales.”

About People’s Trust
People’s Trust, formerly Shell Employees Federal Credit Union, is a full-service financial co-op. Since 1935, People’s Trust has returned profits to members in the form of higher dividends on savings, lower loan rates, and reduced fees. Though based in Houston, People’s Trust serves members across the world. For more information, visit www.peoplestrustfcu.org.