Business View Magazine | January 2021

264 BUSINESS VIEW MAGAZINE JANUARY 2021 WWW.MSIC.ORG Mission: To promote and strengthen the credit union movement, in partnership with member institutions, by providing excess share and deposit insurance and associated products and services for credit unions and their members, while preserving the integrity of the fund. “No consumer has ever lost a penny of their savings in an MSIC insured credit union.” Michael C. Hanson MSIC President & CEO rewarding to help our members in such a difficult time,” says Petersen, “and we’re so fortunate to be positioned where we are able to help. Like a lot of credit unions, we’re financially strong with a lot of community ties – we have the ability to weather the storm. We’ll get through it and our members know that, so they’re not afraid to reach out to us. Because if a member has a problem, the sooner they reach out, the sooner we can help and the more options they have. ” Along with focusing on improving the daily lives of their members through financial wellness, the credit union is committed to giving back. In 2020, Workers Credit Union gave over $350,000 in support of community organizations. Petersen explains, “Another way we help is through volunteering. We’re very fortunate that our employees also generously volunteer their time to causes such as the Relay for Life, the United Way of North Central MA, and Habitat for Humanity, to name a few.” WCU also gives back