|
The Credit Union Movement in Vermont
A Brief History, 1934-2012
by Matthew S. Cropp
Copyright © 2012 by the Association of Vermont Credit
Unions. All rights reserved
Welcome to our fledgling effort to document the history of Vermont's
credit union movement and the Association of Vermont Credit Unions
(AVCU). In 2011, AVCU commissioned historian Matthew S. Cropp to
research the history of the credit union movement in
Vermont. Following is the first product of that effort, best viewed
in
Firefox or
Chrome. Alternatively, you can
read it in
pdf format. This is
an on-going project, with intent to add historical
milestones as time passes, and to elaborate on what's already been
written as historical information becomes available. Plans also
include a brief history on each
of Vermont's credit unions. Contributors are encouraged and
welcomed. To get started, send your comments or requests to
jgb@vcul.org
"It is the contention of the credit union...that political
democracy can be most securely
buttressed by economic
democracy. Logically, it should come to pass eventually that the
masses of the people...will control in credit unions an
appreciable segment of the national
wealth. When they do, the
great danger to our democracy that is contained in the trend to
the control of a greater and ever greater proportion of the
national wealth in an everdecreasing
number of the people
will be forever eliminated. There will result from this
new
accumulation of democratically controlled wealth safeguards of
the American
economic system that will be the soundest
guarantee of the perfection and perpetuation of
political
democracy."1
Quote by Roy F. Bergengren, 1952
 
1 Roy F. Bergengren, Crusade: The Fight for Economic
Democracy in North America, 1921-1945 (1952; repr., New
York: Exposition Press, 1973), 17.
|
 
 |
AVCU News |
 |
Newslines Express contains weekly
news and information for and about Vermont's credit unions.
|
 |
|
|
