HomeMy WebLinkAboutClinton News-Record, 1958-02-13, Page 9Ititton New
THE NEW ERA,--93rd YEAR TH NEW$-RKORD---77th YEAR
beginning in July, 1952, this or-
ganization has established many
firsts in growth and performance.
At the close of its fiscal year on.
September 30, last, its assets tot-
alled $364,443.32; membership
1,245; share capital over a quar-
ter of a million; and during the
past year alone, $319,543.38, was
loaned to members,
The enthusiastic membership of
Clinton voted at its annual meet-
ing in 1956 to build its own home.
This 'building, at the 'corner of
William and Ontario, Streets, is
now ready for occupancy. Moving
day is Saturday, February 15. You
are invited to inspect our new
quarters on Wednesday, February
19, between 2 and 4 p.m., or in
the evening between 7 and 9 p.m.
Be sure to see the modern vault
—fully fireproof and , burglar
proof. Safety deposit boxes axe
available for rent at a nominal
fee. The Drive-Up Window is the
first in this part of the- province.
You can now do your banking
without getting out of your car.
The Credit Union officers feel
sure that you will be pleased with
the modern appointments. The
whole atmosphere is designed to
make the Credit Union office a
pleasant place to do your banking
business. Special attention will
be given to children's accounts
with a special children's wicket.
Any new. account up to 18 years
of age, opened during the opening
month will 'be credited with one
share ($5.00) for $4. The Credit
Union is now in the midst of a
campaign to increase Share Capi-
tal of half million, Present and
past statistics will be found else-
where on this page. We hope
you'll read them and find these
figures interesting.
Do come and bring your friends
and neighbours to see this build-
ing. It is the tangible expression
of years of dedicated service on
the part of officers and commit-
tees alike, It is a symbol of suc-
cessful achievement in a field of
human endeavour whose motto,
NOT FOR CHARITY, NOT FOR
PROFIT—BUT FOR- SERVICE,
if matched fully by performance,
gives us the truest possible de,Cin-
ition of success.
6
Clinton Credit
Union Officers
President, Antoine "Red" Gar-
oh, Beech• Street; secretary, Mrs,
W. V. Roy; treasurer, W. V. lloy.
Board of Directors, Lawrence
Haughton, Ontario Street; W01
G. A. B. "Rusty" Brown,ROAIF
Station Clinton; Fred Gibson,
3, Clinton; W. V. Bey and A, Gar-
Oietat Cointnittee, Thomas Ste-
ep, C. J. Livermore and Herbert
Bridle. Supervisory Committee,
Dr. D, 0, Paltrier, Corporal Xen-
neth Cerva,mte8, 22. Quebec Road,
AMP Station., Clinton; George
knights
BdUdatibnat Committee, Bev. .1. W. P. Grabarn, St, Joseph's ilea.
oft'Y'; Cordon Grigg, Victoria Stre-
et; Sgt. Donald O'Donnell, Orange
Stfeet; It Harland; Corporal
H. A. Graham, Ontario Street;
Melvin drich; Corporal M. W. 41r. Station; Clinton; Sgt.
Congratulations !
to the
Clinton Community Credit Union
Ltd.
Henry Young
General Concrete Construction
CLINTON - Phone HU 2-9496
.111. .6. .111. .6• alba .6. .6. -A,
7-p
CONGRATULATIONS.?
Clinton Community Credit Union
Limited
We are proud to have had a part in
building your new offices.
DAN RIEHL
GODERICH MASONRY ONTARIO
Compliments of
John G. Magee
Architect
LONDON — ONTARIO
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Clinton Community Credit Union
STATISTICS
Month
' July
Dec.
Dee.
Dee.
Dee.
Sept.
Sept.
Jan.
Share Average Net Divid-
Year Members Capital Savings Income ends
'1952 24 6 .25 Nil Nil
1952 124 8,176 70.00 24 3',70
1953 332 32,833 99.00 687 35
1954 602 74,810 124.00 2,676 35
1955 720 131,271 182.00 5,170 35
1956 930 185,640 200.00 5,598 31/2,%
1957 1,245 250,049 200.00 11,953 31/2%
1958 1,277 280,065 3%'70
Loaned
To Date
Nil
10,380
64,773
192,870
363,676
575,030
950,552
1,198,107
The Public Is Invited to Inspect
Our New Building
Wednesday, February 19th, 1958
Between the Hours of 2.00430 in the Afternoon
and 7449.00 pan, in the, Evening
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CONGRATULATIONS!
to the
CLINTON COMMUNITY CREDIT
UNION LIMITED
and the
CLINTON IGA MARKET
4-0--4-4*-444-4,-*-444-00-4.4
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Concrete Supply Co. Ltd.
gomilior$ of Itetidy M Conake
GOVidtitell Iii/ONE 174
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May They Enjoy Success the Years
come,
to
Huron
The Home Paper With the News' CLINTON, ONTARIO, THURSDAY, FEBRUARY 13:1958
Second Section Pages 9 to 16,
THE "LITTLE MAN WITH THE
Umbrella" has been the symbol of
Credit Unions for many years. . • No. 7
kact, officials of the local
branch were not able to say just Teller at the Drive-in Window red
interestrig one, . i Union Moving Into New $50 000
when it originated, But the
tory told by the little fellow is
an
fends off "Havdtirnes, Sickness ome On Ontario treet Next Week la is a symbol of protection. •
and Financial Distress", . . These
words appear above the umbrella I imitating rain drops comn from Total cost of building, $50,000,
above... But the little roann truct_ qinanced through 5 year Mortgage
ges along quite haPpily• • • holding 'Loan at 5 percent per annum,
the Credit Union umbrella above! The first move in the nrganiz-
him with one hand. . . and, under ation of Clinton Community Cred-
the other arm he clutches his it Unien Limited, was a meeting
Credit Union calendar bank, . 'early in 1952 of Father O'Rourke
He's on his way to his local bran-; of St, Joseph's Roman Catholic
ch with more savings to deposit, ,Church, Clinton, and W. V. Roy * (an Anglican), - In May of the
THE FACT THAT TI-IE LITTLE same year an organization meet-
man has to hold Ms own umbrel- !ing was, called. The special meet-
la is very significant to Credit ;mg was addressed by Donald
`Union members. It means that ;Smith (United Church), Hamil
the services a the Credit Union: ton. At this meeting 24 of those
are there to 'help thoSe who are present signed an application for
willing to help themselves. . • a Government Charter, and each
and is in keeping with the motto
of the Credit Unions ."Not for pro-
fit; not for charitY. . . but for
service, . ."
BASICALLY
*
THE CREDIT UN-
ion is a service organization . .
It is for members only . . and
any profits must be used for the
benefit of members only. . . *
HOW DO YOU BECOME; A
member? • Well the answer is, to
purchase one $5.00 share in the
Credit Union. . . Right now, dur-
ing the month of F.ebruary, the
Clinton 'Communi'ty Credit Union
is offering these initial shares at
the rate of $4.00 per shaM . .
This is a good, time to become a
member of "the fastest growing
rural Community Credit Union in
Canada'.. •
FIRST OF ALL, THE UMBREL- n
contributed 50 cents to pay 'for
the Charter.
The Charter was -received on,
July 22, 1952, and the Credit Un-
ion was open fo'r business. The
50 cents contributed by the 24
Charter members was credited
back to these members' accounts
to pay the entrance fee of 25
cents, and provide a deposit in
each memsubers' account of 25
cents. Income the first month
was 47 cents. Due to the gener-
osity of Hurdn County Federation
of Agriculture and Co-operators
Insurance Association, the present
office was shared on a Co-opera-
tive basis.
Clinton Community Credit Un-
ion has been called' the fastest
growing Rural Community Credit
Union In Ontario. From a small
Miss ;
Ruth•Glazier demonstrates the use of the drive-in win-
dow---first of its kind this side of London, through which the
customers off, the Credit Union will be able to do business without
getting out of their car. A loud speaking system enables the
clerk inside to talk to the customer as' be sits in his car. The „
window itself is bullet-proof, and a sliding drawer—indicated by
Ruth's right hand, is used, to collect deposit money from the
customer, and then to return to him particulars or change, etc.
Located on the William Street side of the new building, even-
tually the grounds will be levelled and a drive-way completed
for the purpose. (News-Record Photo)
`New Horn e' for the Clinton Community Credit Union Ltd.
This $50,000 building is the new home of the credit to the community and the men who plan-
Olintbn Community Credit Union Limited. Built ned and built it. The staff is moving in on
by C'ale Doucette, Clinton, with local tradesmen Monday, and' the official opening is set for Wed-
taking up the sub-contracts, the structure is a nesday, February 19. (News-Record Photo)
Ilere's Where the Records are Stored
At the vault door in the new Credit Union building, are
manager, W. V. Roy and Lawrence Houghton, director. This is
a walk-in type vault, in which safety deposit boxes, records,
etc. are placed for safe keeping. (News-Record Photo)