Teachers Credit Union was founded during the Great Depression and has thrived through decades of economic highs and lows with the philosophy of “people helping people.” That is, literally, the story of TCU’s history, now chronicled in the new book, The Power of People Helping People: Teachers Credit Union 1931-2018 (Corby Books, April 2019) by TCU historian Karol Griffin and writer Gene Stowe.
Griffin and Stowe document the credit union’s steady growth through a steadfast commitment to the communities it serves, offering financial services to underserved populations, engaging youth in financial education and returning profits to its members. Those commitments have propelled TCU’s growth into the largest credit union in Indiana and 61st largest in the country.
Using archival research and interviews with dozens of people who have driven TCU’s growth, Griffin and Stowe tell the stories of people who built the credit union, from founding President and CEO Harold H. Blanchard to successors such as W.B. “Ben” Hawkins, Richard J. Rice and Paul A. Marsh, and document moments from nearly 90 years of service that illustrate how credit unions help individuals, businesses and entire communities achieve financial security.