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 cTeachers Credit Union has lived by the philosophy of "People Helping People” since it was founded in 1931 and that’s the theme of a new book that chronicles the credit union’s history and its commitment to the communities it serves. 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.
Additionally, the exhibit A Credit to the Community: The TCU Story will run from June 15-October 27 at The History Museum, 808 W. Washington St., South Bend, with an exhibition opening, book signing and reception held at The History Museum from 2-4 pm on Tuesday, June 25.
Copies of The Power of People Helping People may be obtained with a $25 donation to the TCU Foundation. For additional information, email TCUFoundation@tcunet.com.