The Washington times., 1935-08-05
POSTAL CREDIT
UNION AMONG
STRONGEST
BY J. EARLE MOsER

credit unions By articles pub
hShed July % and %, the series
on such services has been re-
Sumed. This is the third OF a
series that will be presented
from time to time.)
Under the supervision of United
States bank examiners and IL
censed by the District Commits
sioner of Insurance, the Wash
ington Postal Employees Credit
Union is one of the strongest
loan units in the Government
service.
With more than 1000 employees
of the Washington city post office
enrolled as paid-in shareholders,
the organization on June 80 had
$53,56l in outstanding loans to
members and two funds of invest
mentS that totaled more than
$26, 900. Unusual for credit
union. the group even possesses
furniture and equipment valued
at $l92.
According to President ]. A.
Griffith, the Postal Credit Union
was one of the first to be organ
lied in the Federal service here,
its birth dating from February,
1929, since which time loans have
totaled approximately $383,000
The value with which employees
regard the service is amply dem
onstrated by the steady growth of
the organization, which loaned
out $51 900 in the first six months
of 1885 against but $4,000 for
the same period in 1884, earning
$2,720 in loan interest and $676 in
interest on investments for the
six-month period ending June 30
1885. During this time 76 new
members were accepted.
The board of directors of the
postal unit has assisted at various
times in organizing similar groups
in other Federal departments, and
has announced its willingness to
aid any others, President Griffith
declaring that the credit union is
the worlds best method of sys
tematic saving with absolute
safety.
Russell L. Dale is treasurer OF
the Postal Credit Union, with l.
M. Brooks, vice president, and M
B. Feimster, clerk. The Supervis
DRY committee is composed of w
T. Wilkinson, T. E. Abner and M
D. Newland.
Alice K. Shoe, Ohio voter, has
written Representatives Young
and Truax as follows, concerning
the much needed Ramspeck leave
bills:
"The purpose Of this letter
is to ask you to reconsider your
stand on the bill which is now
before the House to restore the
3O-days annual leave to Govern
ment employees. AS a voter Of
Ohio and a resident at present
in Washington, it would mean
a lot to me to have this bill
passed. I do not believe you
fully understand the impOr-
lance of the measure to the av-
erage Government worker.
ut is true that the people
back home seldom get more
than two weeks vacation, yet
they do not have to spend a
large part Of that time in travel
to get home, as does the aver
age worker in Washington.
Then, too, having been en-
plOyed in Ohio until fairly re-
Gently, happen to know that
viii lie most of the offices do
work eight hours per day, it is
also true that most of them
close all day on Saturday.
at is to be hoped that sum-
mer Of work in the heat Of
Washington will have con-
WINGED the members of Con-
gress of what the rest of us
have had to endure as a pen
atty for holding our positions
in buildings which very often
are not air-cOOIed."
Luther C. Steward, NFFE
prexy, tonight is the guest Of
honor of Local Union $50, in Col
umbia, S. c.. at a dinner. He will
make several addresses in and
around Columbia before return
ing to the Capital. Tomorrow the
finance committee of Local Union
No. 2 will hold a business meet
ing here at 6 p. M, in ITO Four
tenth Street, N. w.
One Year Ago in Federaldom-
Rumor said NRA'S force was tc
be reduced by 500. Frieda Miller
Foreign and Domestic Commerce
was vacationing with friends in
Illinois. .LaRue Tanner, Interna
Revenue, prexy of AFGE Lodge
At, called a meeting to prepare
resolutions for the coming con
vention. Robert O'Toole, Marine
headquarters, accepted the chair
manship of the Beaver Dam Fed
eral golf Journeys prize commit
tee. Eva L. Dale. NpN =" 'oy"1
a birthday-as she is doing to
day.