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Credit unions in Canada are such a part of the country's fabric that they're taken for granted. In Quebec, especially, they are often used as alternatives to chartered banks. In Quebec, a credit union is referred to as a "Caisse popu- laire." Their names often include their location, such as Caisse pop- ulaire Mercier, or some other rela- tionship, such as Caisse populaire Christ-Roi, signifying its relation- ship to parishioners of a certain church. The largest credit union in Quebec is not unlike a chartered bank in that it has branches throughout the province. Its cor- porate name is Federation des Caisses populaires Desjardins. On Feb. 10, 1984, the United States issued a 20-cent stamp (Scott 2075) showing a dollar sign and part of a coin to com- memorate the fiftieth anniversary of the Credit Union Act of 1934. In the U.S., it is recognized that the first credit union was established Dec. 16, 1908, in Manchester, New Hampshire. It was called La Caisse Populaire Ste. Marie. Nearly all the depositors were French- speaking. The founder was Alphonse Desjardins. It was old hat for Desjardins. He had founded the movement eight years earlier in Canada- in Quebec, actually. The first credit union is said to have been started in Germany in the 1840s by Fredierick William Church Listing Schreiber Grace Baptist Church vice: 11 a.m. Rossport, noon. a.m. Birchwood Terrace. All welcome. Terrace Bay Community Church Lutheran Church Pastor, Rev. Mark Moss. or Cathy Withers 825-9495. St. Martin of Tours Pastor: Rev. Jim Johnson. Phone 824-2402. Sunday School: all ages- 10 a.m. Morning worship ser- Sunday evening service: 7 p.m. Bible Study and prayer: Wednesdays, 7 p.m. Nursery provided for all services. Holy Angels Roman Catholic Church New Pastor: Father Francis Pudicherry. Phone 824-2010. Sunday Masses: Saturdays, 7:30 p.m. Sundays, 10 a.m. Confessions: Saturdays, 4-5 p.m. in Schreiber. Pays Plat Prayer Group: Thursdays at 7:30 p.m. St. Andrew United Church Minister: Ernie Hunt. Phone 825-3346 or 825-3396. Morning Service and Sunday School are at 9:45 a.m. Communion Service is the first Sunday of every month. A nursery for infants is provided. St. John Anglican Church New Pastor, Bob Elkin. Phone 824-2771. Holy Eucharist, every Sunday at 9 a.m. and 10:30 a.m. Holy Eucharist every first, third and fifth Sunday. Morning prayer every second and fourth Sunday at 10:30 Holy Eucharist is celebrated every Friday at 10:30 a.m. at Minister, Ernie Hunt. Phone 825-3346 or 825-3396. Worship service is every Sunday morning at 11:15 a.m. Church School is also at this time. Communion service is every first Sunday of every month. A nursery is provided. A warm welcome awaits all. We will be meeting every Monday night in the chapel at Birchwood Terrace for Evening Devotions at 7 p.m. For more information contact: Rev. Mark Moss, 887-3020 (office), 887-2612 (home), Lloyd or Hilda Hiebert, 825-3897 Pastor, Father Bernard Campbell. Phone 825-3231. Confessions are on Saturdays from 1:30-2:30 p.m. Sunday Masses are on Saturdays at 7 p.m. and Sundays at 8:30 a.m. and 10:30 a.m. Birchwood Terrace, 1 p.m. Terrace Bay Gospel Assembly Pastor, Rev. Keith Milne. Phone 824-3436 or 825-9368. Family worship is on Sunday at 11 a.m. Friday night is YOUTHALIVE at 7:30 p.m. If you would like to include a message with your listing, Iranntact the Newe at 825-3747. Raifeisen. It was based on Raifeisen's technique that Desjardins set up his "caisse". Desjardins was honored with an 8-cent Canadian stamp issued May 30, 1975, (Scott 661) show- ing the dour, mustachioed pioneer. The stamp design was by Design and Communication of Montreal, without doubt taken from a pho- tograph. Desfjardins was born into a poor family in 1854. By the ten- der age of 17, he was a journalist. He began reporting and publish- ing the debates of the Quebec leg- islature, now called the national assembly, but lost that right in 1890 because his sense of morali- ty would not allow him to change the actual text of a powerful politician's intemperate remarks. From 1892 to 1917, Desjardins ~ was a Hansard reporter (recorder verbatim in the House of Commons). In1897, he recorded testimony of a debate on loan sharking, part of which involved the story of one person paying $5,000 interest on a loan of $150. Three years later, in 1900, Desjardins founded Canada's first credit union in Levis, across the St. Lawrence River from Quebec City. It was his home town. That first credit union is still in operation. Desjardins was a Quebec nationalist to some degree. Although he worked as a civil serant in Ottawa for some 25 years, his credit union work in Quebec was to make French Canadians economically indepen- dent from other ethnic groups by keeping money in rural areas, developing "honesty, 'industrious habits, good conduct and thrift." His interest in the plight of French-speaking North Americans was evident in his founding of the New Hampshire branch in 1908. He was not only a Canadian, but a Canadian Government employee at the time. The concept caught on. Only two years later, in 1910, the Terrace Bay-Schreiber News, Wednesday, June 24, 1987, page 5 movement spread to the point that Massachusetts enacted a law reg- ulating credit unions. Desjardins died in 1920, aged 67, in Levis. On June 26, 1934, the U.S. Congress approved the Federal Credit Union Act, "to make more available to people of small means credit for provident pur- poses through a national system of co-operation credit." Every Canadian province has a credit union act, and it was not until 1953 thai there was a federal statute, the Co-operative Credit * * CANADA DAY 1 BED RACE es Terrace Bay, Ontario ] Sunday, June 28th, 1987 1:00 p.m..to 3:00 p.m. 7 1:00 p.m. to 3:00 p.m. Come celebrate Canada Day in Terrace Bay by entering * Racing Rules: 1. Bed must be 54°" wide 2. Fitted with 54°" standard mattress 3. One (1) set of wheels must be in fixed position - no size i de requirements / ed by four (4) persons best dressed rider. fy information your group, business or organization in the Canada Day y Bed Race. Challenges encouraged: Course | km. in length. 4. Bed must be occupied by one (1) person in sleeping attire and push- 5. Bed and bed pushers must cross finish line together. pe Prizes awarded to Ist, 2nd, 3rd and last place beds -- also y Contact Gary Callaghan at'825-3831 for further é ] Entry forms may be dropped off at: Terrace Bay Municipal Offices or j 34 Parkway Place | no later than 25th June, 1987 Associations Act. The United States Postal Service acknowledged that Alphonse Desjardins was the founder of that country's first credit union in publicity releases when the stamp was issued in 1984. That makes him the founder of the credit union: movement in North America. Letters Letters are invited. Please send enquiries to the writer at P.O. Box 40, Beauharnois, Quebec, J6N SC1, GROUP NAME CANADA DAY BED RACE RDU Soe a os aes oe | CONTACT PERSON ...... PHOME NO. o>. seas - | MEMORIES | CREFLECTIONS. BACKSTAGE THE SCHREIBER PARKS AND RECREATION COMMITTEE PROUDLY PRESENTS N "MEMORIES AND REFLECTIONS'"' AT THE SCHREIBER COMMUNITY ARENA SATURDAY JUNE 27th DOORS OPEN AT 8 PM ADMISSION *7 PER PERSON SORRY NO MINORS AGE OF MAJORITY CARDS REQUIREC ALL PROCEEDS WILL GO TOWARDS THE PURCHASE OF NEW CHAIRS FOR THE COMMINITY HALL. em yout? ONS. ME MNE DY ROAD. SCARBOROUGH ONTAMO CANADA Wry VET - TELEPHONE (408! 791-601) --