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sattnoeneenern VREDIT UNION NEWS "Those of us who are actively working in Gredit Union work know and realize the benefits and advantages that come our way wuen we invest our savings no matter how small they may be, in share capital .of our Credit Union, To us who are working with it all the time it is old stuff and are inclined to forget that there are lots of our friends and neighbours who have not been informed of these benefits that are open to them through these channels, First and foremost it is always nice to have a nest egg saved up for a rainy day. The larger that nest egg the better feeling of security that we have. Then too, and this is where we as members of the Executive very often fail to explain to our members and prospective members is the insurance that . automatically is placed on your life as soon as you become a member of a Credit Union, To be a member you must have at least one full share which is $5.00. Then for every dollar that you have in share capital in a Credit Union it is another dollars worth of life insurance on your life i.e, - a member who has. $1000,00 in share capital before he or she comes the age of fifty five years has for free and no cost to the member whatsoever one thousand dollars worth of life insurance which will be paid to the member's beneficiary at death. In otu.ce words where can we invest our savings whether it is one dollar or one thousand dollars and receive dollar for dollar of life insurance. Which means that a member with $1000.00 of share capital at death his (Cont, on next col.) Page 3 CREDIT UNION NEWS (Cont. ) or her benificiary will receive $2000.00 and so on down the line.~ You don't have to have $100Q00 in thereto get the insur- ance, .If you only have $25,00 then the benificiary get $50.00, There are other benefits.that can be had through your credit union. but unfortunately space will not permit covering them all in this issue but I will try to cover one each week in the future, Anyone who may be interested in Credit Union or who wishes further in- formation may have same by contacting Bill Baillie any Monday, Wednesday or Friday night between the hours of 7 and 10 pem, and he will be glad to answer any questions that you may have. We have been very fortunate to secure the film "King's X" which is a Credit Union picture filmed in Hollywood. by well known actors and actresses. and depicts" the Crédit Union Story from it origin to the present day, Anyone who may.be interested in Credit Union will get all the answers from-this film. It will be shown at the local theatre . along with the regular feature commencing Saturday, September 18th to 2lst, and in Schreiber from 22nd to 25th, Thanks to the kind co-operation and consent of Mr, Nick Linkewich who has so willingly consented to show this pictvre, Thanks Nick very kindly. o-0-0 KIWANIS NEWS Word was received recently that H. C, Laundy, Personnel Superintendent of the LongLac Pulp and Paper Co. was elected as Lt. Governor for Kiwanis Internation District No, 1, at the Western Canada District. Gonvamks cm of Kiwanis International held in Saskatoon, District No. 1 of Kiwanis includes the Kiwanis Clubs of the Lakehead, Atikokan, Fort Frances and Terrace Bay. Kiwanis Apples Those delicious British Columbia <¢ McIntosh apples will be on sale soon, "The members of the Terrace Bay Kiwanis Club will call on each house in the townsit3 very soon. They will take your orders for apples and delivery will be made during the wee. of October lst, The proceeds of this sale of apples will be used to sponsor Kiwanis work in Terrace Bay. So how about it folks, Give your order when the local Kiwanis membur calls.