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RESOLUTION NO. 07-297
A RESOLUTION PROCLAIMING OCTOBER 18,
2007, AS "INTERNATIONAL CREDIT UNION
DAY" IN ST. LUCIE COUNTY, FLORIDA
WHEREAS, the Board of County Commissioners of St. Lucie
County, Florida, has made the following determinations:
1. Credit Unions have been operating for over one hundred
years in almost every country that allows them to exist as non-
profit savings and loan organizations owned and controlled by their
members.
2. The Credit Union evolved from the cooperative activities
of early 19th century Europe. The first of these cooperatives was
an 1844 marketing cooperative organized by a group of workers in
Rochdale, England.
That same year in Germany, Victor Aime Huber
began developing and publicizing some of the early European
cooperative theories. The idea of credit societies was a part of
this effort.
3. Moved by the crop failure and famine that had devastated
Germany in 1846-1847, Hermann Schulze-Deli tzsch and Friedrich
Wilhelm Raiffeisen created the first true credit unions in the mid-
19th century.
4. Over the years, credit unions spread to communi ties
around the world.
In the early 1900s Alphonse and Dorimene
Desjardins started a credit union (caisse populaire) in L'evis,
Quebec.
Shortly afterward, Alphonse, along with Americans Edward
A. Filene and Roy F. Bergengren, helped establish credit unions 1n
the united States.
5. In 1948, the U. S. Credit Union National Association
(CUNA) and CUNA Mutual Insurance Society set aside the third
Thursday of October as a national day of observance for Credit
Unions.
6. During the 1950' s CUNA's World Extension Department
provided technical assistance and philosophical guidance for credi t
union development around the world. By 1964 so many countries had
established credit union movements that CUNA's mission was formally
expanded, and CUNA International was launched.
7. By 1971, substantial worldwide credit union progress led
to the creation of World Council of Credit Unions (WOCCU) to assist
others in establishing and maintaining viable credit union
movements in countries across the globe.
8. In Canada, Australia, Latin America, the Caribbean,
Africa, Asia, New Zealand, Great Britain and the South Pacific,
national and regional credit union federations and confederations
were established to support and endorse credit union development.
Over 30 years ago, WOCCU created the first International Credit
Union Day materials, and they continue to provide International
Credit Union Day resources worldwide today.
NOW, THEREFORE, BE IT RESOLVED by the Board of County
Commissioners of St. Lucie County, Florida:
1. This Board does hereby proclaim October 18, 2007, as
"INTERNATIONAL CREDIT UNION DAY" in St. Lucie County, Florida.
2. This Board urges the citizens of St. Lucie County to
participate in the activities to be held on October 18, 2007.
PASSED AND DULY ADOPTED this 9th day of October, 2007.
ATTEST:
BOARD OF COUNTY COMMISSIONERS
ST. LUCIE COUNTY, FLORIDA
AND