Press Release

Yakima Valley Credit Union Celebrates Annual Credit Union Day

Yakima, Washington ( October 10, 2008) – On the third Thursday in October, credit unions around the world will come together to celebrate International Credit Union Day and the role the financial institutions play in our communities. The Oct. 16, 2008, event will mark 60 years since the first celebration took place to honor credit unions’ proud history of putting people before profits in order to provide access to affordable financial services to all their members.

Credit unions are unique because they are not-for-profit, democratically controlled, member-owned cooperatives. Members of credit unions pool their assets to provide savings, low-cost loans and a variety of other financial services to each other. This cooperative spirit of the movement is embodied by 177 million worldwide members, working together to achieve economic advancement.

At credit unions, every customer is both a member and an owner. This year’s theme – My Credit Union, It Belongs to Me – celebrates the economic democracy and equal ownership rights of each credit union member, regardless of how much money that member may have in savings.

Because of their member/owners, some 49,000 credit unions are able to play a vital role in the development and financial stability in the communities they serve by providing low fees, competitive rates, and high-quality consumer services to their members.

This International Credit Union Day, please visit a credit union and celebrate the credit union difference, our proud heritage, and the wonderful opportunities credit union membership has offered for more than 150 years.

About Yakima Valley Credit Union

Yakima Valley Credit Union was formed in 1939 as the Fireman’s Credit Union and has grown to over $245 million in assets. The Credit Union has continued to expand its reach into the community, with a state charter that permits the opportunity to serve anyone who lives, works, worships, or goes to school in the state of Washington. Yakima Valley Credit Union is federally insured by the National Credit Union Administration (NCUA) and serves its more than 30,100 members with six convenient branch locations. The credit union offers a full line of financial products and services to meet members’ needs.

Governor’s Proclamation

By proclamation, Governor Christine Gregoire has proclaimed October 16, 2008 as Credit Union Day in the state of Washington. This continues the Governor’s open support for the importance of credit unions to the economy and people of Washington State.

Click Here to View Proclamation