OCTOBER 23, 2019
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Vision Celebrates International Credit Union Day
Branch Manager, Steven Gratrix, Loans Officer, Trisha Hardy, Members Service Representative, Joanne Gorda, Members Service Representative, Sarah Bryant. (Rosanne Fortier/photo)
Rosanne Fortier News Correspondent Credit Unions are different than other banks as they share the profit of Vision Credit Union (equity allocation) with their members. To celebrate International Credit Union Day on October 17, Vision Credit Union in Vegreville gave free snacks and refreshments to everyone who dropped into the branch. People who brought along a donation to Vegreville Food Bank also received a special limited edition Vision 2020 Calendar and a chance to win a door prize.
Branch Manager, Steven Gratrix said members receive their profit shares in November. There is no guaranteed of this as it all depends on the profitability of the credit union. The difference between a credit union and most banks is they are membership owned and are 100% guaranteed which means every single dollar they have, they have a dollar to back it up. “Credit unions are all about people helping people!” Gratrix added the collection they were having for Vegreville Food Bank was
done because they like giving back to the community and there is power in allowing people to help others.
It is about communitymindedness which goes along with the whole idea of cooperatives.
