On Oct. 19, 2017, credit union members around the world celebrated International Credit Union Day®, an annual event to commemorate the credit union movement’s impact and achievements.
To celebrate all Pioneer Mutual members who applied for a loan on 19th October will be entered into a draw to win a year’s free interest, T & C’s apply. Pioneer Mutual are also running a colouring competition for all their junior members, and the best entrant will win £5, deposited into their account, as saving is a great way to help dreams thrive. The colouring sheet can be picked up in branch or downloaded from and the closing date is the 6th November.
Credit unions are not-for-profit financial cooperatives that provide an effective and viable alternative to for-profit financial institutions for over 235 million members in 109 countries worldwide. More than 68,000 credit unions exist globally, providing a plethora of financial services for their members, recognized as a force for positive economic and social change.
Established in 1993 as Pioneer Mutual Credit Union, formerly East Renfrewshire Credit Union, the credit union has gone from strength to strength, committing itself to forward thinking finance and establishing itself as a vital service for almost 4,000 members in the local community. In October 2016 Pioneer Mutual extended its common bond and now serves all those who live or work in a G, ML or PA postcode.
Since 1948, International Credit Union Day has been celebrated annually on the third Thursday of October. Each year, the international event affords the opportunity to remember credit unions’ proud history and promote awareness of and support for the credit union and financial cooperative difference. This year’s theme, “Dreams Thrive Here,” celebrates how credit union and other financial cooperatives serve as catalysts to make different professions, personal choices and career paths real.
International Credit Union Day is recognized by the World Council of Credit Unions, the global trade association and development agency for credit unions and other financial cooperatives, as well as numerous national credit union trade associations and federations around the world.
On Oct. 19, credit unions from around the world joined forces to celebrate the day with membership drives, contests and fundraisers to help out their local communities. Credit unions shared their activities with the global community on social media using #ICUDay.