Two More Credit Unions Giving Employees Paid Time Off to Vote
10/27/2020
By: CU Today
NEW ORLEANS— Two more credit unions have announced support for employees so they can vote.
Xplore Federal Credit Union said it will close its branches on Nov. 3 in observance of the 2020 general elections.
In recognition of difficulties individuals face exercising their right to vote during working hours, Xplore FCU further said its employees will be given Election Day as a paid holiday.
“Equal opportunity for all to exercise their constitutional right to vote and have their voices heard is an essential, core belief of Xplore FCU. We are proud to be able to help our employees exercise their rights,” stated Rafael Rondon, Xplore FCU president and CEO.
According to the credit union, the decision was made to allow all employees ample time to exercise their right to vote, as well as volunteer or participate as they choose in this democracy. Xplore FCU said it is encouraging all community members to vote, participate, and join the democratic process.
PTO at CUTX
Separately, in Allen, Texas, Credit Union of Texas (CUTX) is also paying employees for time off to vote. From now until Election Day on Nov. 3, CUTX employees are eligible to take up to two paid hours off to cast their ballots. The credit union said it is encouraging employees to avoid long lines on Election Day by voting early.
“Credit Union of Texas encourages employees to exercise their right to vote, because it is the single most important liberty they have as Americans,” said CUTX CEO Eric Pointer. “We are offering employees paid time off to vote in the upcoming election, so they can have their voices heard.”
Baltimore CU Also Closing
As CUToday.info reported earlier, Baltimore-based Securityplus FCU said it also plans to close its offices on election day, Nov. 3, and give its employees a paid day off.
Securityplus said the right to vote is the foundation of any democracy, “yet voter turnout in the United States is disappointingly low. One of the main reasons registered voters give as a reason not to vote is the fact that they are too busy with the demands of life and work.”