Answer the following essay question in 500 words or less:

Credit Unions are cooperatives. Using one of the seven Principles of Cooperatives, how would you convince a friend or family member of the value of using a credit union compared to other financial institutions?

The seven Cooperative Principles are:

  1. Voluntary and Open Membership.
  2. Democratic member control.
  3. Members’ economic participation.
  4. Autonomy and independence.
  5. Education, training and information.
  6. Cooperation among cooperatives.
  7. Concern for community.

Essay applications must be submitted electronically by 11:59 p.m., CST, March 31, 2020. Applications submitted after the deadline will not be considered.

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