PrimeWay Federal Credit Union

Labor day is a celebration of all the social and economic achievements you have accomplished throughout the year. Every long shift, every sale, every deadline, every raise, promotion, and even the smallest of victories. Here at PrimeWay, we are proud to honor and celebrate YOU! Thank you, and have a wonderful Labor Day!

In the early 1900s, crude oil became one of the most sought-after resources in America. When oil was discovered in Texas, word spread out like wildfire. Young, daring, hard-working men flocked from all over America to Texas in search of their piece of fortune. These pioneers were called Wildcatters. Because of their bravery, strength, and determination, their success led to the economic boom in Texas and made home what it is today: The Texas oil Industry. With half a million people employed in the Texas oil industry today, 296 oil rigs, 32 refineries, and over 12,000 oil companies, many picked Houston as their home, now known as the Energy Capital of the World. We would like to take this opportunity to thank everyone in the oil, natural gas, and energy industries for their commitment and hard work and for playing a significant role in the Houston, Texas, and United States economies. Happy Labor Day weekend!

Before the assembly line, workers would have long shifts and low wages due to production costs. When Henry Ford perfected the assembly line, he was able to add 3 equal shifts at 8 hours per day and was able to pay middle-class wages (5-dollar days) to his employees. This caused other companies to follow suit, which turned into an even more competitive economy, Because of Ford’s and many other companies' innovative techniques during the Industrial Revolution, Industries were able to employ more workers and pay higher wages than ever before. There is no doubt that people are the power that drives the economy, but companies lead the nation through innovation, prosperity, and stability. Everyone plays a part in this nation, from your at-home and small businesses to your companies and corporations. Together, we built America! Thank you all, Happy Labor Day!

In observance of Labor Day, all retail centers will be closed on Monday, September 2, 2024. You can access your account information via Online Banking by visiting https://bit.ly/4dKZOyu or through our PrimeWay mobile app.

The kiss of life was captured by Pulitzer Prize winner Rocco Morabito, a photographer for the Jacksonville Journal. It depicts lineman J.D. Thompson giving lineman Randall Champion mouth-to-mouth resuscitation after being electrocuted while performing maintenance high up on a powerline pole. J.D. Thompson was successful in providing Randall CPR, which ultimately saved his life. This image reminds us of the dangers of being a lineman. Their duties include repairing, installing, and maintaining electrical transmission and distribution systems. While there are many safety measures in place, it is still a high-risk career. Almost 10% of 120,000 linemen in the US are working in Texas, on call 24/7, 365 days a year. During weather disasters, Thousands of more linemen from neighboring states and countries travel to Texas to help thousands of families without electricity. Electricity is a unique and important commodity that we use daily. Linemen are truly a backbone behind our nation. From PrimeWay, a sincere thank you and Happy Labor Day!

“So even though we face the difficulties of today and tomorrow, I still have a dream. It is a dream deeply rooted in the American dream. I have a dream that one day this nation will rise up and live out the true meaning of its creed: We hold these truths to be self-evident, that all men are created equal.” -Martin Luther King Jr.

What started as a Mexican-American deal during World War II led to over 4.5 million Mexican citizens migrating to the United States under an agreement known as the Bracero Program over a 22-year period, from July 1942 to December 1, 1964. As American men were drafted into World War 2, the nation was plagued by an overwhelming need for farm laborers. Braceros worked on farms, railroads, and even ranches, making it possible for the US to keep up with economic war demands and recover from the Great Depression. Although many injustices occurred during the program, Mexican laborers continued to migrate and work the farms, as it was a better opportunity than what they previously had in Mexico. Due to their commitment, persistence, and hard work, the nation progressed through war, post-war, and the Great Depression.

PrimeWay is pleased to announce this year’s 2024 Annual Meeting on Wednesday, August 28, 2024, at 5:00 p.m. The meeting will be held virtually and at our Highway 290 location, 12811 Northwest Freeway, Houston, TX 77040. Members that attend the Annual Meeting could win $250 cash, $500 cash or $1000 cash! Registration and additional details are online at https://bit.ly/3M78m6z

During World War II, more than 6 million women contributed to the war efforts by working in factories, volunteering for the Red Cross, and serving directly in the military. This was during an era when men went to work, and women took the role of homemakers. Men were called into the military, leaving women without a provider and a nation without its workforce. This event would be a major turning point in women’s civil rights and independence. Because of women like Naomi Parker, Mae Krier, and many more, America stabilized economically, stayed on par with wartime necessities, and maintained the house and family singlehandedly. This was a true example of what a woman was capable of. Rosies, as in Rosie the Riveter (the iconic woman in “We Can Do It”), are a prime example of what people, communities, and society can accomplish when given the opportunity. In remembrance of all the women who helped shape the nation into what it has become today, PrimeWay offers a heartfelt thank you!

PrimeWay is pleased to announce this year’s 2024 Annual Meeting on Wednesday, August 28, 2024, at 5:00 p.m. The meeting will be held virtually and at our Highway 290 location, 12811 Northwest Freeway, Houston, TX 77040. Members that attend the Annual Meeting could win $250 cash, $500 cash or $1000 cash! Registration and additional details are online at https://bit.ly/4fMxxsE