Between February 14 and March 11, Seattle Metropolitan Credit Union members participated in the 78th Annual Volunteer Elections. Being able to elect their Board representatives without respect to the volume of deposits or loans they hold in the credit union is an important difference between cooperatives of all types, including credit unions, and traditional for-profit… (keep reading)
principle #1 (inclusiveness)
Membership should be open to all. At Seattle Metropolitan Credit Union, membership is open to all who live or work in the State of Washington, without discrimination based on gender, race, religion, political affiliation or sexual orientation. It is the mission of the credit union movement to offer financial alternatives to underbanked and credit-challenged members of our communities.
To celebrate Earth Day 2011, staff and members from SMCU partnered with the same from Verity Credit Union to help clean up the Washington Park Arboretum. Directed by the Student Conservation Association, volunteers spent the day eradicating invasive species that can threaten the health of the Arboretum ecosystem, as well as a host of other… (keep reading)
SMCU will be switching to a new telephone banking format. The new format is better and more intuitive, but there are a two important changes you should know about. Important Telephone Banking Changes Members will no longer access their accounts using their individual account numbers. Access to telephone banking will now require the use of… (keep reading)
Credit unions have been a vital part of the U.S. financial system since New Hampshire’s St. Mary’s Bank opened its doors November 24, 1908. Linked by an adherence to seven cooperative principles, credit unions have worked tirelessly to make a difference for their members by offering higher rates on deposits and making credit less expensive… (keep reading)
Cooperatives are unique in that they look out for each other and look to spread the message about the way they operate. Being part of a co-op can sometimes be a calling as much as it is a place to buy great stuff or a cool place to work. One of the best examples of… (keep reading)