REAL ESTATE
M . D. SNODGRASS
Bargains In.
RESIDENTIAL & FARM PROPERTY.
FOR THU NEW arrivalv
CO
Ml L
WOOL
BOOTIES . o SAC GUEsS„ BONNETS
PEPPER ELL
CR/B BLANKETS
/ / >eal for the
SHOWER GIFT
Plan to take with you a
z i-z gal gas cfin
to fill your Outboard Motor
You wont kill a Caribou
the flies will kill you
if you do not take an
AEROSOL BO 0113
I
|
with you
FACTS ABOUT FEDERAL CREDIT
UNIONS From: Security throuth
'.MAT A FEDERAL CREDIT UNION IS
A Federal credit union is a cooper
ative association organized to pro
mote thrift among its ?ncnbers and
to accumulate a fund from those sav
ings to make needed loans to members
for useful purposes at reasonable
interest rates. It is a corporation
chartered and supervised by the Fed
eral government through the Bureau
of Federal Credit Unions.
’MAT A FEDERAL CREDIT UNION DOES
Credit unions encourage their mem
bers to use their share accounts to
accumulate savings out of income as
a means of building economic securi
ty for themselves and families and
as a means of protecting them from
demoralizing v;orrios caused by un
expected doctor bills and other con
tingencies. In addition, credit un
ions provide loans for emergency and
any other purposes which are worth
while for their members, such as
consolidation of debts, payment of
medical bills, and financing of the
purchase and repairs of automobiles.
In those two ways credit unions help
their members to help themselves to
a greater degree of financial sta
bility.
IU3T.ERSIIIF IF A FEDERAL CREDIT UNION
Membership in a Federal credit union
is limited to persons having c. com
mon bond of occupation or association
and to groups within a well-defincd
neighborhood, community, or rural
district. For example, these may bo:
Factory employees, members of a
chxxrch, fraternal society, labor un
ion, farm organization, or other
well-knit association, or residents
of a housing development, or the
residents of the natural trade area
of a rural community or rural dis
trict ,
|To become a member, one must first
.have this common bond with the group
constituting the Federal credit un
ion. One must then apply for member
ship and pay an entrance fee of 25
cents. No other fees are charged,
HO'7 A FEDET.AL CR'DIT UNION OPERATES
3/ vir.gs by members are made in the
form of share purchases, each share
being valued at ,-5, Savings may be
made in amounts as small as 25 cents
per month and may be withdrawn at
will, although the credit union’s
board of directors may require 2
months’ notice for withdrawal of
funds as in a savings beuik. This
provision is seldom invoked. The
regular savings of small sums by
__Cunt-,.-on-pp.,_ 9