eTrain: Credit Union History & Philosophy: Understanding the CU Difference

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"Not for profit, not for charity, but for service"

Even today, more than 150 years after our cooperative movement was born, credit unions adhere strongly to this fundamental philosophy. 

Why did this credit union service ethic begin, and how does it make us so unique among today’s competitive world of financial institutions?

To ensure our place in the future, every credit union employee must be able to tell our story to current members, prospective members, and especially our legislators. Join CCUL’s Regulatory Analyst Chris Collver as he explains how the history and guiding principles of our cooperative structure have shaped who we are and why we place member/owner service above all other goals.

You’ll get the answers to these questions and much more:

  • What are the seven cooperative principles for credit unions?
  • How are credit unions different from banks?
  • When and why was the phrase "Not for profit, not for charity, but for service" created?
  • Why are credit unions called "cooperatives"?
  • Why was the first co-op/credit union established?

Who Should Attend?
This program is important for all credit union professionals, especially those who have direct contact with members, potential members, and elected government officials.

Meet the presenter, Chris Collver:
Chris Collver is the Senior Regulatory and Legislative Analyst for the California and Nevada Credit Union Leagues. His responsibilities include tracking and analyzing federal and state legislation and regulations of importance to credit unions. He works extensively with the Leagues’ advocacy teams in Washington DC, Sacramento, and Carson City to provide data, analysis, and recommendations on new and proposed legislation and regulations, including drafting legislative language and preparing comments to regulators.

Prior to assuming his current position, Chris worked for five years as a Research & Information Consultant for the League, responding to technical, regulatory, and compliance questions from member credit unions through the Research & Information Hotline, writing technical bulletins, and conducting training throughout California.

Chris joined the League in 2000 after working for 15 years at a credit union in Omaha, Nebraska.  While there, he worked in a variety of operational roles, including 10 years managing the credit union’s call center, data processing, ACH, and ATM and debit card processing departments.  

Chris holds a degree in business administration from California Baptist University. His interests include playing guitar, cooking, and spending as much time as possible with his wife and three children.

Who Should Attend?

All credit union staff, especially those who are new to credit unions
Program length 90 Minutes

Registration Investment

Power Learner Passport - (click for details)

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