All credit union elections need to be carefully planned and organized. This is often a demanding task where mistakes can easily be made, leading to members losing trust in the credit union. Have a look at the practical tips we’ve put together for your election organization and make your next election a smooth-running one. Continue reading
Credit union elections are a vital aspect of any financial cooperative. As cooperatives are owned by their members, members are responsible for electing the board of directors. The board, in turn, manage the credit to handle the management of the credit union.
The history of credit unions depicts an important change in financial and cooperative services. In the 19th century, credit unions started to offer affordable banking and loan services to customers and paved the way for a fairer financial market. Read more about the history of credit unions in our second blog article.
In the first blog of our new series about credit unions, we take a look at their key features and how they contribute to the financial services market.
In our first blog series on cooperatives, we will introduce you to what they are and the different forms they take. Read on to learn more.