History of the Movement
In 1844, textile workers from Rochdale, England came together to form this. (Multiple Choice)
a) What is the first credit union?
b) What is the first cooperative society?
c) What is the first credit society?
This is a word that is used to define a cooperative structure where everyone has a 'say' in the organization.
What is Democracy?
Edward Filene
Who is the Bostonian merchant who was credited with establishing legislation enabling Cooperative enterprises in the U.S.?
How much of his own money did he invest in the Movement?
Country which is recognized for being the birthplace of Credit Unions. (Multiple Choice)
a) What is Germany?
b) What is England?
c) What is United States?
Organizations that are owned and run jointly by their members and share the profits or benefits. (Multiple Choice)
a) What are Cooperatives?
b) What are Credit Unions?
c) What are Banks?
The first Cooperative credit and lending societies were recognized in Germany around this year. (Multiple Choice)
a) What is 1864?
b) What is 1900?
c) What is 1834?
This is the Credit Union Motto.
What is Not for Profit, Not for Charity, But for Service? (This doesn't mean NON PROFIT - what is the difference?)
This is the name of the person responsible for starting the first North American Credit Union in Canada. (Multiple Choice)
a) Who is Pierre Jay?
b) Who is Alfonse Dejardins?
c) Who is Roy Bergengren?
Two Germans that are credited with formalizing Credit Union operations. (Multiple Choice)
a) Who are Delitzch and Raiffeisen?
b) Who are Freud and Foliche?
c) Who are Doitche and Radishe?
This is the reason you must have a $5 (required) deposit/balance in a credit union savings account at all times.
What is One Member One Vote? With $5 on deposit EACH member has the same vote no matter what their economic/financial status
This was the year that the first North American Credit Union was started. (Multiple Choice)
a) What is 1864?
b) What is 1884?
c) What is 1900?
This is the number of Co-operative Principles. (Multiple Choice)
a) What is 9?
b) What is 7?
This is the name of the Ohioan who earned the title of "Mother of Credit Unions" in the USA. (Multiple Choice)
a) Who is Harriet Tubman?
b) Who is Louise Mc Carren-Herring?
c) Who is Halle Berry?
Canadian credited with being the father of Credit Unions in North America (Canada). (Multiple Choice)
a) Who is Gabriel-Alphonse Desjardins?
b) Who is Gordon-Rich Froelic?
c) Who is Pierre-Adonis Croisson?
The amount of personal money Edward Filene invested/lent to credit unions and help to create (what we call now) "CUNA".
What is $25,000?
A term that describes a Member/Owner of a Co-operative.
What is a Shareholder?
Distinguishing characteristics of Coops and Credit Unions.
What are Democratic Structure, Service to Members, Social Goals?
This man's goal was to protect people from "loan sharking". (Multiple Choice)
a) Who is Pierre Jay?
b) Who is Roy Bergengren?
c) Who is Bill Herring?
Name of the first Credit Union to be established in New Hampshire. (Multiple Choice)
a) What is St. Mary's Bank Credit Union?
b) What is Parish Federal Credit Union?
Four types of Co-operatives (there are many!)
What are:
Consumer - Producer, - Housing, - Agricultural, - Worker, - Financial, - Non-Financial, - Multi-purpose, - Secondary - Fishing - Forestry - Retail
Operation Grassroots
What is an initiative that began in 1991 to stop bankers' political efforts, and influencing politicians, against the credit union movement?
Differences between credit unions and banks/financial institutions.
What are/is: - member-owned - members have a voice - educational focus - profits are returned to members & employees in the form of products & services - volunteer boards -
American attorney and pioneer of the United States credit union movement. (Multiple Choice)
a) Who is Pierre Jay?
b) Who is Roy Bergengren?
c) Who is Thomas Doig?
Stock Market Crashed and Credit Unions thrived. (Multiple Choice)
a) What are the 1980's?
b) What are the 1930's?
c) What are the 1880's?
Four famous Co-operatives (there are many!)
What are... (not limited to these listed here) -
Green Bay Packers - Ocean Spray - Land O'Lakes - ACE Hardware - Liberty Healthshare (Ohio) - Evergreen Cooperative Laundry (Cleveland, Ohio) - Electric (Energy) - Oberlin Student Coop