Civil Municipal - July 2024

H ITY Credit unions distinguish themselves from other financial institutions through their steadfast dedication to cooperative principles and community engagement. Since their inception, these institutions have been driven by a mission to enrich the communities that sustain them. THE FORMATION OF THE CREDIT UNION MOVEMENT The credit union movement in North America began with Father Georges-Antoine Belcourt of St. Augustine’s Parish of Rustico in Prince Edward Island. Belcourt’s establishment of the Farmers’ Bank of Rustico served the economic needs of 22 CIVIL AND MUNICIPAL VOLUME 05, ISSUE 07

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