MADISON, Wis. (8/19/15)--The National Credit Union Foundation and Corporate One FCU, Columbus, Ohio, have released a short video on the cooperative principles for credit union organizations to leverage with their staff, members and community.
The animated video discusses what it means to be a cooperative and describes the seven cooperative principles that make credit unions and other coops so different from their for-profit counterparts.
“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.”
Added Lee Butke, Corporate One FCUpresident/CEO: “Corporate One is by definition exactly what the seven cooperatives principles are all about. 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.”