Webinar bridges New York and Puerto Rico
Credit unions
in Puerto Rico and the New York State Credit Union League (NYSCUL)
expanded their partnership this week during the first World Council of
Credit Unions (WOCCU) International Partnership webinar. Juan
E. Fernández, NYSCUL community development coordinator explained, “We
conducted the webinar because we wanted our partners to be able to ask
questions about services and issues in real time.”
During the
webinar New York State Credit Union League provided participating
Puerto Rico credit unions temporary access and hands on experience with
all of the league's cyberservices. With Puerto
Rico’s credit unions operating under similar requirements as its US
partner, the member compliance section of the website and the support
services were of particular interest to the group.
NYSCUL
hopes to open Puerto Rico up to the outside world through its
connections and training initiatives with other leagues and CUNA. Some of NYSCUL's legal staff has already started reviewing Puerto Rican law to be able to answer credit union queries.
The
International Partnership hopes to provide vital services to credit
unions in Puerto Rico, where credit unions do not have league of their
own to provide education, training and compliance services. Because
of the initiatives undertaken by the partnership, individual credit
unions in Puerto Rico are able to join the NYSCUL as direct members.
Source: WOCCU
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