The fourth quarter of each year always brings out the best in people, wouldn’t you say? The holiday season brings families, friends and communities closer together. Having spent the last few years working within our industry, it’s become obvious to me that the credit union philosophy of “people helping people” means more today than it ever has. Especially during this time of year.

We all know the meaningful and stark contrasts between credit unions and banks – we answer to our members and the community, not to stockholders. However, have you or your organization’s decision-makers taken the time to evaluate the actual impact they can make on the communities they serve? We’re generally talking about implementing the “triple bottom line” philosophy coined by British business author John Elkington. The strategy adds social responsibility to your organization’s income statement in an effort to increase sustainability for all players impacted by your business. Doing so can be a relatively easy process to implement and can often net long lasting positive effects on society, the economy and the environment.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.