In a new webinar hosted by the National Farmers Union (NFU), presenters will discuss the origins and development of the credit union movement, the unique role of Community Development Credit Unions, and how these member-owned financial cooperatives empower people to grow community wealth, support economic development, and build more resilient local economies. The webinar will be hosted by Erbin Crowell, New England Farmers Union Board Member and Executive Director of the Neighboring Food Co-op Association with special guest Carla Decker, President & CEO of the DC Federal Credit Union and Chair of the Board of the Directors of NCBA CLUSA.
Around the world, co-ops have helped people meet their shared needs and build stronger communities, together. And like other co-operatives, the first formal credit unions developed from traditions of mutual aid such as lending circles in response to the economic and social changes brought on by the Industrial Revolution and the expansion of capitalism in the 1800s. Today, there are an estimated 85,400 credit unions worldwide with 274 million members, including 1 in 3 Americans.
Can’t tune in live? Be sure to register and NFU will send you a transcript and link to the recording!