"[W]e got away with something great because we did not know any better. We beat the dragons of our time because we did not know what terrible monsters they were. Our experience will have value only as it encourages a new crop of dragon slayers within the #CreditUnion movement."

#RoyBergengren, 1949

How do you do, fellow #DragonSlayers?

""I recall ... an old farmer of German extraction named John Wirth. He actually knew about #creditunions from his contact with #Raiffeisen banks in his early manhood in the old country. He spoke very well of his experiences and I had the too rare privilege of being a listener. ... He told how, in the German credit unions, "a man's security was most generally his *unencumbered manhood*."

#RoyBergengren, 1949

cc: @stefanieschulte 🤣

"No great economic #reform can long endure unless it can withstand the ebb and flow of good and bad times."
#RoyBergengren, 1949

#creditunions #coop #coops #platformcoop #socialcoop

@multijanet I can't say I know much, but I did notice that US #creditunion organizer #RoyBergengren used it in his first book in the early to mid 1920s, but doesn't use it in his later books. I'll have to look through my collection of old #coop books when I get home from the holiday.