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Why Do We Celebrate Labor Day?

Photo of a union march with text over it saying History of Labor DayThe History of Labor Day is founded by unions, parades and well, labor. In 1982, the unions of New York City decided to throw a parade to celebrate and show support for all unions. Ironically, the workers had to give up a day’s pay to attend but there was also a lot of beer being swilled so they were mostly ok with it.

Today, there are about 14.3 million union workers in the United States, according to the Bureau of Labor Statistics. Labor Day was originally created by the U.S. labor movement to recognize American workers for their impact on the strength, prosperity and well-being of our country. Without the workers, our country wouldn’t have been able to flourish as it did. Today, Labor Day signals the unofficial end to summer and the start of fall activities, such as back-to-school season.

Did you know that besides the historical fashion faux pas of wearing white post Labor Day, it also denotes the end of the hot dog season? According to the National Hot Dog and Sausage Council, between Memorial Day and Labor Day, Americans will eat 7 billion hot dogs. Make sure to grab an extra pack for your weekend cookout and enjoy!

Monday, September 5, 2022, is the 140th official Labor Day in American history. Enjoy your BBQ, boats and gathering of friends and family, but remember that Labor Day marks an important moment in American history. We commemorate it with a day off from work and school in honor of those who gave us these opportunities to celebrate.

Labor Day is extra special to Solidarity because we were founded in 1954 by Delco Electronics employees pooling their funds together to help a co-worker purchase a car. They did this by placing a quarter a week in a cigar box until they had enough saved to buy the car. Thus, they started a not-for-profit cooperative called a "credit union". There are no stockholders that our board is beholden to as you, the members, own the credit union!

Solidarity is a financial cooperative that requires membership. You may join Solidarity if you are a family member of an existing Solidarity member or live, work, worship, attend school in, and businesses and other legal entities located in the following counties:
Howard County
Tipton County
Miami County
Cass County
Carroll County
Clinton County
White County

As a member-owned financial institution, we provide members with safe, convenient, and up-to-date ways to save and obtain loans at reasonable rates. Our all-volunteer Board of Directors is elected by and upholds the financial values of Solidarity's membership.  

Don’t forget that Solidarity will be closed on Monday to allow our employees to enjoy the holiday with their families. Visit any of our ATM locations for your banking needs over the holiday. Find the ATM location nearest to you.

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