March 31, 2014
By Rebecca Carpenter
With the help of its member organizations in nearly 60 countries — including the Credit Union National Association in the U.S. — the World Council of Credit Unions is able to impact millions of people's lives, their credit unions and national financial systems across the globe.
As the leading international trade association and development agency for credit unions worldwide, World Council is building a global community of credit unions by:
- Advocating internationally to achieve a better legislative and regulatory outcome for credit unions and their members. When international standards are being set on issues such as capital requirements, anti-money laundering, counter-terrorism financing and taxation, World Council gathers views from CUNA and its other member organizations, engages the global standard setters and influences guidelines before they reach the national level. Learn more at www.woccu.org/policyadvocacy.
- Providing education and global networking for the exchange of information and ideas. World Council connects people from within and outside the industry to identify solutions to common challenges through the:
- World Credit Union Conference, the premier international credit union conference.
- International Partnerships Program, which formally brings together credit unions and their associations from around the world to exchange ideas and technical expertise.
- World Council Young Credit Union People (WYCUP) Scholarship Program, an international networking and educational opportunity for promising credit union leaders.
- Global Women’s Leadership Network, the only international, professional group for women credit union leaders.
Learn more at www.woccu.org/events.
- Growing and strengthening the credit union system with technical assistance, training and tools for management, outreach and networking. World Council provides operational resources and information on market trends and best practices that help credit unions grow and prosper. Since 1970, World Council has implemented close to 300 technical assistance programs in 71 countries. In 2013, World Council’s credit union development programs promoted financial inclusion in Mexico, Guatemala, Ecuador, Peru, Bolivia, Haiti, Colombia, Liberia, Rwanda, Kenya and Ethiopia. Amongst other objectives, these programs have focused on establishing remote mobile platforms, supporting communities at risk, expanding rural and agricultural financing, and promoting gender equity and opportunities for youth. Learn more at www.woccu.org/financialinclusion.
- Championing the credit union and cooperative financial institution model worldwide.
“Thanks to the generous support of the U.S. credit union movement over the years, World Council has been able to further its mission to provide affordable, reliable and accessible financial services to over 200 million members in 101 countries through 56,000 credit unions,” said Brian Branch, World Council president and CEO. “Special thanks to CUNA Mutual Group for recently becoming the only diamond-level Worldwide Foundation Supporter.”
World Council began as an extension of CUNA, known as CUNA International, before gaining autonomy in 1970. CUNA has since become World Council’s largest member in terms of both assets and membership.
Rebecca Carpenter is the marketing and communications specialist for the World Council of Credit Unions. Reach her at firstname.lastname@example.org. For more information about World Council membership, visit www.woccu.org/membership.
Questions about this story? Contact Gary M. Stein: 503.350.2216, email@example.com.