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Show Many Services Available Leage Credit Unions STRUCTURE OF A CREDIT UNION SUPERVISORY COMMITTEE Inspects the books and .operating procedures CREDIT COMMITTEE approves loan applications EDUCATION COMMITTEE tells members about credit union services reports to VICE Treasurer PRESIDENT responsible for records and kecpa minutes dally operation of meetings absence of president acts In CLERK OR SECRETARY .membership YOUR CREDIT UI2!0;i OFFERS O HIGH RETURNS ON SAVINGS erned by member credit unions and supported by credit union is required to belong to its league, but the overwhelming majority da. Their reason for joining the league and supporting it through payment of dues is simple; they need and want the services provided. A credit union leagues two main functions are organizing new credit unions and providing continuing sendees to existing credit unions. COTTONWOOD HOSPITAL EMPLOYES CREDIT UNION MURRAY, UTAH OiO IIP THE CREDIT UNION WAY! that they are voluntary benefits offered. Here's what credit union membership can mean to you: You deal with friends and or direct Part-ownersh- ip numbers. Safe place in which to place your savings fiuiek, confidential, st loan service Loan Protection, Life Savings insurance at counseling with Thats 561,000 hours, or 23,500 days per year of peo- Attractive dividends low-co- or- ganizations of people helping people, they mean it According to Dr. Robert D. Milano, Utah Credit Union League president, approximately 23,500 days were volunteered last year in Utah in unpaid service to credit unions. Heres how Dr. Milano arrives at his figure: Serving as board members, 2,200 people; credit committee members, 1,000; and 1,500 supervisory people, or 4,700. Each of these people spends at least 10 hours per month in beard meetcommittee ings, credit and meetings, audits, as such sessions, training seminars and Institutes, Yes, more than 28 million credit union members are enjoying the good life because these people benefit from credit union assistance and financial security. You, too can be a credit union member and enjoy the many ple helping people, said Dr. Milano, who, appropriately, resides near Helper, Utah. no extra cost to the member Largest Institution eco- nomic and social circles, and a united front to those who oppose the credit union idea. Other Services the league, Through credit unions also receive the services of CUNA International, Inc., the international association serves all leagues; CUNA Mutual Insurance Society; and CUNA Supply Cooperative. and Doing nationally the what internationally leagues do is CUNA International (formerly Credit Union National Association). CUNA International, the unifying force In the organized credit union movement, provides services to its member leagues (or federations, as they are called in some parts of the world) and their credit unions. Like the leagues, CUNA International is a organization supported by dues paid by leagues. Membership in CUNA International is automatic for credit unions which are members of affiliated leagues. It is governed by a board of directors elected by the leagues. World Headquarters The board of directors initiates and controls the broad powers of the organization and holds an annuexecal meeting. A utive committee meets at least quarterly and has authority from the main board to take certain necessary actions during the year between annual meetings. OGDEN that . non-prof- mated at $708,750, which will total $1,302,964 for the year. When the credit union was organized, Mr. Hagen was the sole employe and worked on a part-tim- e basis. Today, there are 50 people employed in the Main Office at 3650 Wall Avenue, Ogden, and East and West branch offices at Hill Field and a branch office at Ogden Defense Depot. Mr. Hagen reported the institution provides loans, high returns on savings and life savings and has insurance and loan protection. Student Loans it low-co- A new department world low-co- Internationals headquarters located in Madison, is st Interested! Why not take advantage of the good life today. SAVE AMD BORROW THE bet'" e?le0 SAFEWAY o Reporters, Ad Men, Printers, Circulation Men, Pressmen, Stereotypers . . right down to the mail room where papers are packed for final delivery to your door . . . have enjoyed LOWER COST LOANS . . . HIGHER DIVIDENDS on savings for almost a half century. OWNED AND OPERATED BY AND FOR OUR MEMEBERS to PROVIDING THE FINEST IN SAVING AND LOAN SERVICES TO THE EMPLOYEES AND FAMILIES -- OF SAFEWAY STORES, INC. .44 NEWSPAPER EMPLOYEES CREDIT UNION SAFEWAY EMPLOYEES FEDERAL CREDIT UNION I M J M M M (Mi i 4 4 7 st been established for dent loans, and has ceived applications from college students in all of the states universities. A life insurance new plan for young families now is available, said Mr. Hagen. The Federal Employees Credit Union has drive in windows at its recently completed main office, and plans other conveniences for members. 15-m- an CUNA - Since it was in 1939 with 59 chartered the Federal members, Credit Union Employees has grown to 37,901 members, making it Utahs largest credit union, said Ray D. Hagen, treasurer and manager. During those 31 years, it has loaned $146,730,986 to members, he said. Large Dividends Dividends paid to members during the first six months of 1970 totaled $594,214, and second half dividends have been esti- . When credit unions boast These services include management' advice and help, legal bookkeeping counsel, representation before legislative bodies and supervisory agencies, public relations assistance, officer training programs, insurance counseling, publications, and many others. TAKE ADVANTAGE OF THE BENEFITS -- USE YOUR CREDIT UNIO- N- ENJOY THE Uvertime Is Here Service. Scope O QUICK LOW COST LOANS O FREE LOAN PROTECTION INSURANCE O FREE SAVINGS PROTECTION INSURANCE heard and heeded in on-the-s- is the best source of help to credit unions. It is gov- No governs the credit union board and a voluntary association of credit unions within a specific geographical area. It their dues. BOARD OF DIRECTORS PRESIDENT presides oves. Leagues employ field representatives, many of whom travel constantly throughout the state or providing province assistance, training and guidance. Thus the league is the in- dividual credit unions primary source of information, education, assistance, counsel and defense against unfair legislation and regulation, and provides credit unions with a solid, statewide organization whose voice will be A credit union league is Ogden. Is-T- 7 "t I |