Saturday, 24 April 2010
This was my first experience helping the credit union at an outdoor event as my role usually involves me taking notes at meetings, producing minutes and reports, sending letters and so forth. However, today's activities were the first in a summer-long campaign aimed at increasing membership and upping our profile in the community, so we could all be very busy in the months ahead.
For those who don't know, a credit union is a kind of financial co-operative. It is a 'people's bank', owned by the members, who receive an annual dividend on their savings, and also have access to small, easily accessible loans.
Unlike major banks, directors (who must be members), receive no payments or fees, apart from the standard dividend on savings.