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IVermont WomanI article on CUs draws readers response
BURLINGTON, Vt. (5/19/08)--An article published in a women’s newspaper about the benefits of joining a credit union garnered positive feedback from readers, according to the Association of Vermont Credit Unions. The article, “Explore the Benefits of Joining a Credit Union,” written by Financial Coach and Speaker C.D. Moriarty, was published in the May issue of Vermont Woman. The article drew a lot of interest from readers, according to Ellen Biddle, account executive at the newspaper. She told the association that many comments the newspaper received “echoed the sentiments expressed in the piece...that credit unions are locally owned, member-controlled and highly beneficial alternatives to large commercial banks, which answer to stockholders” (Newsline Express May 16). A number of credit union staff and members were quoted in the piece, including Association President Joe Bergeron. “On average, Vermont credit union members receive $240 in benefits a year,” he told Moriarty. Sue Leonard, New England FCU, Williston, Vt.; Ginny Fleischman, Green Mountain CU, South Burlington, Vt.; and Mary Robert, Vermont FCU, Burlington, also are quoted. Robert, 35, joined the credit union when she was 16. The article also profiled credit union pioneers Dora Maxwell, Louise Herring, and Angela Melville, addressing the role that women have played in the credit union movement. Maxwell was an avid organizer for the credit union movement’s trade association as well as an original signer of the Credit Union National Association’s constitution. Herring signed the original constitution for the national credit union association when she was the Ohio delegate to the 1934 national credit union conference in Estes Park, Colo. Melville helped farmers, coal miners and other laborers organize credit unions in Kentucky. She rode horseback across 20 states, encouraging communities to start credit unions.
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