Today credit union members around the world celebrate International Credit Union Day®, an annual event that commemorates the credit union movement’s impact and achievements. The recognition day is organized and conducted through the World Council of Credit Unions.
Credit unions, not-for-profit financial cooperatives, provide an effective and viable alternative to for-profit financial institutions for more than 235 million members in 109 countries worldwide. More than 68,000 credit unions exist globally, providing a plethora of financial services for their members, recognized as a force for positive economic and social change.
Since 1948, International Credit Union Day has been celebrated annually on the third Thursday of October. Each year, the international event affords the opportunity to recognize credit unions’ proud history and promote awareness of and support for the credit union and financial cooperative difference.
The World Council of Credit Unions 2017 theme is “Dreams Thrive Here,” emphasizing how credit unions and other financial cooperatives serve as catalysts to make different professions, personal choices, and career paths real.
How credit unions have benefited Employment Technologies
One of the businesses that credit unions have positively impacted is our company, Employment Technologies.
Credit unions were one of the early adopters of our pre-employment simulations for hiring. Credit unions have helped our business grow and prosper, and we are grateful for their partnership.
Credit unions have relied upon the predictive capabilities of our EASy Simulation® experiences to bring about significant changes in their hiring strategies. Using EASy Simulations, credit unions have achieved Hire Confidence® by increasing job readiness, productivity, and retention.
Indeed, we are grateful to credit unions and related financial industries for the success our company has enjoyed. In that spirit, we salute credit unions on their special day and express our appreciation for the important role they have played in our growth over the past quarter-century.
How have credit unions benefited from our EASy Simulations?
There are hundreds of success stories of how EASy Simulations have helped credit unions streamline their hiring processes and improve their hiring decisions.
Here are four examples that bring to life how credit unions benefit from simulation testing:
A Top U.S. Credit Union, 200+ Locations
- Streamlining the hiring process
- Increasing quality of new hires
- 78% reduction in employee turnover
- Increased employee performance levels
Piedmont Advantage Credit Union, North Carolina
- Pinpointing candidates with strong sales ability
- Increased revenue and employee engagement
Tandia Financial Credit Union Limited, Ontario, Canada
- Offering candidates the ability to test remotely
- Increasing confidence in the caliber of new hires
To all our credit union partners, we appreciate your business and join you in celebrating this special day!
Ready to gain Hire Confidence? Check out our full suite of hiring and development tools specifically designed for banks and credit unions.