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Proposed Bylaw Amendment

We are pleased to announce that a special meeting of the Board of Directors will be held on Wednesday, June 21, 2017 at 4:30 p.m. to consider proposed changes to our bylaws. Your elected directors will vote on an amendment that will allow government employees and their family members throughout Vermont to join the credit union.

The Credit Union of Vermont was founded in 1958 by US Postal Service and Federal employees. At one time there were many credit unions in Vermont serving government employees and their family members, but the Credit Union of Vermont is now the only one exclusively doing so.

A sufficiently large pool of potential members is essential to the credit union's continued viability. Our bylaws currently limit the credit union's membership to government employees and their family members in only four counties. This is overly restrictive and results in our having to turn away people in need despite their sharing our common bond. The proposed changes will allow the credit union to serve federal, postal, state, county, municipal, and school employees and their families throughout Vermont. The credit union's strong cohesive common bond of government employment will therefore not only be preserved, it will be enhanced.

Notice of the special meeting of the Board of Directors will be included with the May 31, 2017 paper or E-statements sent to all members.

We are excited about our future and invite you, your family, and your government employee colleagues to actively participate as a member-owner in your financial co-operative, the Credit Union of Vermont.

Credit Union of Vermont rated #1 for Return of Member

Washington, DC – According to first quarter analysis of Callahan & Associates’ Return of the Member (ROM) scoring system, the Credit Union of Vermont took the top spot nationwide for all credit unions in its peer group. CUVermont led all 4,690 U.S. credit unions with <$100 million in assets with a Return to Savers score of 99.42%, a Return to Borrowers score of 99.71%, and a Member Service Usage score of 99.91%.

Developed by Callahan & Associates, the nation's leading credit union rating and analytics firm, ROM provides a comprehensive scoring system of member value.

CEO Brian Fogg responded by saying "We're pleased to be recognized but are not surprised by our rating, as we have always been very focused on providing an excellent value to our members, whether they be borrowers or savers. I encourage everyone that is eligible to join the Credit Union of Vermont to transfer their loans and deposits here as it is very likely it will benefit you. Having a knowledgeable, caring staff makes it even better!"

Upcoming Holidays

Date	Schedule
Tuesday, July 4	Closed for Independence Day
Monday, September 4	Closed for Labor Day