Are we moving forward? Renewing the promise of the credit union
The term “movement” suggests action, progress, and collective effort toward a common goal. In our world today, movements are powerful because they ignite change, inspire unity, and build momentum. They remind us that together, we can achieve more than we ever could alone.
Understanding a movement
A movement is not static; it is a dynamic force driven by passion, purpose, and people. It requires us to move, to engage, and to relentlessly pursue our shared vision. Movements are the bedrock of societal change. They challenge the status quo, advocate for the underserved, and pave the way for a brighter future.
Historical examples of powerful movements
Consider the Civil Rights Movement. It was more than a fight for equality; it was a profound call to justice, urging people to stand up against racial discrimination and segregation. Leaders like Martin Luther King Jr. and Rosa Parks moved hearts and minds, leading to legislative changes that reshaped America.
The Women’s Suffrage Movement is another example. It took decades of relentless advocacy for women to gain the right to vote. It was a movement powered by the belief in equality and justice, driven by pioneers like Susan B. Anthony and Elizabeth Cady Stanton. Their courage and perseverance moved society toward greater gender equality.
The beginnings of the credit union movement
The credit union movement began over a century ago with a simple yet profound idea: people helping people. It was born out of a necessity for financial inclusion, where ordinary individuals pooled their resources to create a better future for their communities. Edward Filene, one of our movement’s pioneers, once said, “The credit union movement … it is a great movement, worthy of great deeds, deserving of great loyalty.”
Credit unions were established as cooperatives, where members are both owners and beneficiaries. They provided access to affordable financial services to those who were often overlooked by traditional banks. This movement was not just about financial transactions; it was about empowering people, fostering community development, and promoting economic justice.
Are we still moving?
Today, we must ask ourselves: Are we still moving? Are we living up to the ideals that sparked this movement? In a rapidly changing financial landscape, it is crucial to remember our roots and the principles that define us.
The world needs the credit union movement now more than ever. Economic disparities, financial exclusion, and community disinvestment are still prevalent. We have the power and responsibility to continue this journey, to innovate, and to adapt while staying true to our mission of people helping people.
A call to action
Let us recommit to the movement. Let us move with purpose and passion, embracing our role as advocates for our members and our communities. As Dora Maxwell, another pioneer of our movement, wisely said, “Credit unions are built upon the principle of mutual self-help, and this principle must guide us in all our efforts.”
Inspire your teams, engage with your members, and champion the cause of financial inclusion. Remember that every small action contributes to the larger movement. Let us be the beacon of hope and the engine of change.
I love this movement
Oh, how I love this movement. It inspires me to work longer, harder, and to make sure I play my part in continuing the path of our pioneers. Their vision and dedication fuel my passion to ensure that the principles of mutual self-help and financial empowerment remain at the forefront of everything we do.
Together, we can ensure that the credit union movement continues to thrive, adapting to new challenges while steadfastly holding on to our core values. Let us keep moving forward, driven by the belief that a better, fairer financial world is not just possible but within our reach.
