October in Credit Union Month. Every year the month of October is celebrated as the month for Credit Unions. However, since 1948 the third Thursday of October (which was yesterday) has been International Credit Union Day. (enjoy the video that I found below)
Credit unions are not-for-profit financial cooperatives, which means it's members (customers) are owners, that provide an effective and viable alternative to banks for more than 172 million members in 97 countries.
Since they are not-for-profit, they can often times provide better interest rates on savings and better rates on other "banking" products.
So with that I would like to wish everyone not only a happy Credit Union Day but also a happy Credit Union Month.
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