This week, over 225 Wisconsin Credit Union Activists shared The Credit Union Difference with their elected officials at The League's annual State Government Affairs Conference in Madison. During meetings with legislators, our 2023 Scorecard was unveiled. This included a video that celebrated 100 years of Wisconsin's credit unions uplifting their communities alongside stories and stats of their impact in the past year. Check out the video below!
Other highlights from 2023 include:
- Helped members keep $520 million in their pockets through better loan rates and fewer fees
- Returned a record $19 million directly to members in patronage or bonus dividends
- Donated $12.8 million to local charities and community and civic groups, along with countless volunteer hours
- Operated over 100, in-school, student-run branches
- Reported refinancing payday loan debt obtained elsewhere (95%) and provided 27,500 loans to individuals with no or low credit scores
- Worked to improve the financial well-being of 3.8 million credit union members and strengthen Wisconsin's economy with 11,704 credit union employees
Governor Tony Evers addressed attendees at the conference, as well as Department of Financial Institutions Secretary-designee Cheryll Olson-Collins, Office of Credit Unions Director Tom Theune, Coopera Consulting CEO Victor Corro, and Filene Research Institute's Senior Market Insights & Advisory Services Director Dr. Taylor Nelms.
Leading up to the conference, a Trivia Night fundraiser benefiting the Wisconsin Credit Union Legislative Action Fund (WCULAF) raised $5,000 to support credit union-friendly candidates in Wisconsin.
Snapshots from the day can be viewed on Facebook and LinkedIn, and a photo album of the day's events is coming soon. Thanks to all the new and familiar faces who joined us to advocate for The Credit Union Movement! We also would like to acknowledge the generous support of our sponsors, TruStage, Corporate Central Credit Union, FHLBank Chicago, and LaMacchia Group.