Today we're kicking off a special series to celebrate a tenet of cooperative credit: "Not for profit, not for charity, but for service." Each day until Christmas, we will be highlighting a credit union and its story of service to shine a spotlight on how credit unions today continue to uphold this founding principle.
We are kicking off the series with Members First Credit Union of Manchester, New Hampshire. Like many credit unions, Members First was founded where there was a need by firefighter John Walsh in 1949 as the Manchester Municipal Employees Credit Union. Today, Members First Credit Union celebrates the spirit of service with a holiday toy drive to benefit the U.S. Marine Corp Reserve Toys for Tots Program. Not only did Members First Credit Union host a donation center, the employees started a cash donation and were able to purchase an additional sixteen toys to contribute to the drive. That is a true demonstration of the tenet of service.