Saturday, September 3, we celebrate our namesake Ed Filene's birthday! He was born in 1860 in Salem, Massachusetts. Join us in celebration of the father of the U.S. credit union movement!
How did Filene come to be such, you ask? Well, when Ed traveled around the world in 1907 to source products for his department store, he was exposed to cooperative business models practiced in India and elsewhere. He came home inspired by the incredible social and economic potential of enabling workers and communities to work together to create access to savings and credit. Filene then invested over $1 million of his personal fortune spreading the credit union message because he saw credit unions as the future source of financial services for working Americans and their families.
Happy Birthday, Ed! Share your birthday wishes for him below!
