People Helping People

People Helping People

Your response should be typed, between 300–500 words and should include your full name in the top right corner. Please be sure to cite all sources. If any portion of the essay is plagarized, the application will be disqualified. Also, please ensure that you have answered each of the components of the essay.
QUESTION: Credit unions are not-for-profit financial cooperatives that exist to serve members, not generate profit. “People helping people” is the philosophical foundation of these institutions. What do you see as the value of this foundation? Please explain.
In addition: • What makes your credit union different than a for-profit financial institution?; • How does your credit union demonstrate credit unionʼs “people helping people” philosophy?; and • If you ran your credit union, what is one new initiative/program you would implement?
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