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GASFCU Celebrates 75 Years

Posted by on May 17th, 2012 and filed under Between Friends. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

GASFCU CEO Stuart Perlitsh was ready to welcome accountholders to the annual meeting on May 3.

GASFCU CEO Stuart Perlitsh was ready to welcome accountholders to the annual meeting on May 3.

Annual meeting attended by credit union members begs the question, “What has your bank done for you lately?”

Unlike banks that celebrate their success by paying high bonuses to their board of directors, credit unions are “member owned.” Glendale Area Schools Federal Credit Union board of directors are volunteers from the local community.  This results in profits going back to the membership and GASFCU is committed to giving back to its membership in a big way.  To this end, GASFCU recently hosted its 75th year celebration on May 3 that included invitations sent to the entire membership (those with active accounts). Two hundred and seventy eight people attended, enjoying an afternoon of food, information sharing and a gift of appreciation. However, the most anticipated event of the afternoon more than likely was the “Big [Money] Spin” when all in attendance had an opportunity to win cash prizes. Twenty-nine members won cash prizes of $100, $150 and $200 totaling $4000!

GASFCU was started in 1937 by two GUSD teachers to support the needs of school employees and their families. From its inception, teachers were looking for ways to help their community of educators in a time of economic uncertainty. Glendale Area Schools FCU has grown and continues to support the needs of local school communities and also the general community. This includes school employees, parents and students alike.

While started as a school employee focused membership base, GASFCU has since expanded membership to include PTA, students and anyone affiliated within the Glendale community.

To find out about membership eligibility, call the branch located at 3600 Broadview at (818) 248-7425. In addition to providing individual accounts they also offer general business accounts, retirement accounts, summer savings, an investment advisor and more.

To see more pics, visit the home page at www.gasfcu.org and scroll down.

Every member attending received a coffee mug stuffed with post it notes, pen, candy, Starbucks Via coffee, and cash, plus an opportunity to spin the big money wheel.

Every member attending received a coffee mug stuffed with post it notes, pen, candy, Starbucks Via coffee, and cash, plus an opportunity to spin the big money wheel.

One young attendee won $150 in cash.

One young attendee won $150 in cash.

 

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