If Like the Difference, Then
Make a Difference
credit union member has his or her own reason for belonging: the ties to a
workplace, the convenience of direct deposit, the better rates on fees and
savings or the friendly staff. You may not even think about the difference
between belonging to a credit union rather than keeping an account in a
different kind of financial institution very often.
But banks think all the time about the fact that you, and millions of
other consumers, belong to credit unions. Banks wish that credit unions
would cease to offer consumers an alternative. If there were no credit
unions, banks could charge whatever they wanted for services and there would be
no competition to force them to lower fees.
So the banks have sought to change the laws that enable credit unions to
serve their communities, to serve you. Banks, although the have 97% of the
market, have brought lawsuit after lawsuit, claiming unfair competition from
So far, credit unions have been successful in fending off these
attacks. But bankers have deep pockets and their political spending in
Washington and Albany has a profound affect on credit unions.
Without the ability to counter these lobbying efforts by banks, the
credit union movement's future would be in doubt. We must encourage credit
union-friendly candidates by providing an important political resource: campaign
funds and grassroots campaign support. For credit unions, this is done
through the Credit Union Political Action Committee (CUPAC).
You, and every member of this credit union, can make a big difference
with just a very small effort. Credit unions, such as Sisters Hospital
Employees Federal Credit Union, are prohibited by law from making political
contributions. So we are asking you, the member, to make a contribution
You can play an important role in supporting the credit union movement
through the "Deduct-A-Buck" program. This is an easy, affordable
method for you to show your support for credit unions and those who have
championed them in Congress. You can arrange to contribute one dollar a
quarter, that is only four dollars a year.
"Deduct-A-Buck" is a simple, cooperative idea, just like credit
unions themselves. Its success hinges ion the involvement of you and many
of this credit union's other members to produce the amount of money needed to
raise our voices about the din in Washington, DC.
You can arrange to participate the next time you are at the credit union,
or click HERE to
print and fill out the "Deduct-A-Buck" form, and return it to us at
Sisters Hospital Employees Federal Credit Union. You'll have the
satisfaction of knowing that your contribution-added to those made by your
friends and neighbors-will go a long way toward making your voice heard where it