Article: A Pioneer's Reminder Of Why Credit Unions Exist.

To: America's credit unions in the 21st century From: Edward A. Filene Re: What credit unions do for America

At the time when the first credit unions were launched in America, a few years before the World War, it seemed that there was no relation between credit-unionism and business. Many of my business acquaintances, who knew me well enough to know that I would not be likely to indulge in philanthropic hobbies, could not quite understand my interest in credit- unionism. They could easily understand the need for credit unions. They could see that credit-unionism was a worthy cause. But to spend one's time and some money in trying to promote the cause, seemed to ...

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