What do we mean when we say our mission is
“Connecting families and building futures
through cooperative financial services one member at a time?”
Someone in our membership needs a car loan, let’s call her Susie. Susie has been working so hard at rebuilding her credit and she’s almost there. Once she pays off this auto loan, she’ll be looking really good for that home loan she would like to have in the future.
Also in our membership is Jack. Jack has been saving 10% of his income for 20 years and is new to the area. He’d like to keep his money local and decided to become a member of Telco after seeing our higher dividend rates without all of the restrictions and terms. (We’re not very big on small print at TCCU.)
Since the Credit Union is not-for-profit, it’s a great way to bring Susie and Jack together, opening opportunities for both of them while keeping all monies here in the local area instead of paying out to corporate board members and shareholders all across the world. Because of Jack’s savings, we have the money to loan to Susie - and, because of Susie’s loan, we have the earnings to pay Jack! Without all the drive for profits, we are just an intermediary – connecting families to help build all of our futures, one member at a time! I say all of our futures because it also provides local jobs and allows me to build a future for my family.
through cooperative financial services one member at a time?”
Someone in our membership needs a car loan, let’s call her Susie. Susie has been working so hard at rebuilding her credit and she’s almost there. Once she pays off this auto loan, she’ll be looking really good for that home loan she would like to have in the future.
Also in our membership is Jack. Jack has been saving 10% of his income for 20 years and is new to the area. He’d like to keep his money local and decided to become a member of Telco after seeing our higher dividend rates without all of the restrictions and terms. (We’re not very big on small print at TCCU.)
Since the Credit Union is not-for-profit, it’s a great way to bring Susie and Jack together, opening opportunities for both of them while keeping all monies here in the local area instead of paying out to corporate board members and shareholders all across the world. Because of Jack’s savings, we have the money to loan to Susie - and, because of Susie’s loan, we have the earnings to pay Jack! Without all the drive for profits, we are just an intermediary – connecting families to help build all of our futures, one member at a time! I say all of our futures because it also provides local jobs and allows me to build a future for my family.
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