International Credit Union Day

This Thursday, October 20th, is International Credit Union Day! This exciting day aims to raise awareness about the importance of credit unions and the many benefits they offer to members. This annual day is to embrace the features that make Credit Unions unique and to express gratitude to its members. Credit unions differ from other financial institutions based on the structure and principles they have and are recognized for being more community and member focused. Although both offer similar products and services Credit Unions are able to offer better rates and fewer fees due to them being not for profit.

St. Cloud Federal Credit Union set itself apart from other financial institutions by the member experience it provides and the commitment it makes to make a positive impact in the community. Our mission is to make a meaningful difference in the lives of our members and our communities. SCFCU is committed to providing its members with the best products and services to make saving easier and our rates are consistently ranked top 5 in the industry.

International Credit Union day is a special day to us and we want to thank all of our members for their loyalty. We want to celebrate our members on our upcoming “Member Appreciation Day” on October 28th. Join us as we celebrate YOU, with refreshments, lunch, and fun games!

Time Flies When You’re Having Fun: Thanks for 38 Years, Bill!

Our beloved CEO, Bill Winter was recently honored by the Minnesota Credit Union Foundation as a Credit Union Builder.  The Foundation created the Credit Union Builder Award in 2008 to allow credit unions and organizations to make contributions in honor of or in memory of a significant individual who has been instrumental in their success – of course Bill was a natural fit.

 

When Bill was hired in 1975, St. Cloud Federal Credit Union had only 1,600 Members, three Employees, and $1 million in assets.  By the time Bill retires as CEO later this year, after 38 years of service, SCFCU will have grown to almost 15,000 Members, 57 Employees, and over $100 million in assets.

His tireless efforts made significant and far-reaching contributions to the credit union movement.  Bill served on the boards of the Minnesota Item Processing Corporation, Minnesota League of Credit Unions, Minnesota Credit Union Network, Minnesota Corporate Federal Credit Union, and Network Service Corporation.  He was a long-standing member of MnCUN’s Political Involvement Committee, and he lobbied at both the state and federal levels for issues that affect the credit union industry.

In February of 2013, Bill was inducted into the Credit Union House Hall of Leaders in Washington, D.C., in recognition of his dedication and leadership.  Bill was also active in the St. Cloud community on the Rotary Club and as a board member, chair and government affairs committee contributor for the St. Cloud Area Chamber of Commerce.  In addition, Bill led countless SCFCU staff and volunteers who will ensure that his passion for Members and his philosophy to “do the right thing” will be his legacy for many years to come.

We can’t thank Bill enough for all he’s done.  He is a great leader and a true inspiration to all of us at SCFCU.  38 years, wow – time flies when you’re having fun! Thanks, Bill.




Our mission is to educate, support, and encourage our Members to become Financially Fit.

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