World Council of Credit Unions (WOCCU) is the global trade
association and development agency for credit unions. WOCCU promotes
the sustainable development of credit unions and other financial
cooperatives around the world to empower people through access to high
quality and affordable financial services. WOCCU advocates on behalf of
the global credit union system before international organizations and
works with national governments to improve legislation and regulation.
Its technical assistance programs introduce new tools and technologies
to strengthen credit unions' financial performance and increase their
outreach.
WOCCU is funded by government agency and foundation grants, member dues and annual gifts from WOCCU Supporters. World Council of Credit Unions and its subsidiaries are headquartered
in Madison, Wisconsin, in the United States. WOCCU also has a permanent
office in Washington, DC, and program offices worldwide.
Development Agency
WOCCU's technical assistance programs
strengthen credit unions in 10 countries. WOCCU international development programs assist credit unions and national/regional associations with rebuilding during and after conflict, providing access to the underserved, developing integrated business networks, supporting communities at risk, reconstructing after disaster and encouraging legislative reform and regulatory system development.
Trade Association
Worldwide, more than 46,000 credit unions in 97 countries serve 172 million people.
The regional and national credit union and financial cooperative
associations affiliated with World Council represent 73 countries across the
globe.
WOCCU advocates for credit union-appropriate legislation and regulation
with governments worldwide. WOCCU also tracks credit
union statistics, publishes Credit Union World magazine, sponsors International Credit Union Day each October and hosts annual regional technical conferences and the World Credit Union Conference.
Through WOCCU's International Partnerships program, U.S. leagues and credit unions provide operational expertise and advice on information technology requirements to their developing partners. In return, many developing partners advise U.S. credit unions on how best to serve the growing immigrant population in the United States.
Foundation
WOCCU's Worldwide Foundation for Credit Unions manages the WOCCU
Supporter program.
WOCCU Supporter contributions provide much needed relief to
credit unions and their members after disasters, address priority needs and
foster innovation throughout the international credit union system.
Products & Services
The International Remittances Network (IRnet®) is a platform for credit unions to provide members
and potential members around the world with access to safe and affordable
international and domestic money transfers (remittances).
World Council's PEARLS Monitoring System is a set of financial ratios or indicators that help standardize terminology between institutions. It offers management guidance for credit unions and other savings institutions and serves as a supervisory tool for regulators.
WOCCU Services Group (WSG) is a wholly owned subsidiary of WOCCU. It supports World Council in various for-profit endeavors such as card services and shared branching.
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