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Insight on the global credit union movement

The World Council of Credit Unions (WOCCU) newsroom is designed to provide you with easy access to educational and informational resources about the organization, its mission and the global credit union movement. WOCCU is the only organization representing credit unions in developed and developing countries on a global scale and we hope our Newsroom will become your key to understanding the operations and potential of this exciting movement.

Who we are

World Council of Credit Unions 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.

Worldwide, 54,000 credit unions in 97 countries serve 186 million people. In 2008, World Council's technical assistance programs reached 6.5 million people in 16 countries.

Media contact

Mike Muckian, Senior Manager of Communications
World Council of Credit Unions
Telephone: 608-395-2080
E-mail: mmuckian@woccu.org

More About WOCCU

 


 

Credit Union World


Stay informed about the international credit union movement with
World Council of Credit Unions' bi-annual magazine.

Available in English and Spanish online.
Printed copies
available only in English.


Annual Report
 Annual Report 08


In 2008, WOCCU realized its vision on various fronts. We expanded our reach to include new members and increased our influence among our global constituency. Credit unions worldwide are serving more members, in part due to WOCCU's support and influence. Despite the ongoing economic challenges, WOCCU never once lost its stride.


Statistical Report
 Statistical Report


The global credit union sector reported continued growth in 2008, according to survey results collected in WOCCU's 2008 Statistical Report, published in June 2009. In 2008, WOCCU surveyed 97 countries to measure credit union growth and member service trends worldwide. Results show that 53,689 credit unions serve an estimated 185 million members within those countries. WOCCU's 2009 Statistical Report is expected to be published in June 2010.



Technical Guides
 Value Chain Financing


WOCCU's development programs are highlighted regularly in the Technical Guide series designed to inform readers about the unique situations and challenges each country presents WOCCU program developers, as well as chronicling each programs achievements.


Model Law & Regulations for Credit Unions


Model Law for Credit Unions provides a sample legislative framework to aid in preparing and seeking approval of laws.

Guide to International Credit Union Legislation contains credit union legislative and regulatory summaries for over 100 countries and political provinces.

 

Model Regulations


Model Regulations for Credit Unions provides a starting point for implementing quality regulatory standards for credit unions. It is based on WOCCU's extensive international development experience and documented best practices. The regulation matrix contains real world examples of regulations from 18 developing and developed credit union sectors.

 


Research


Research monographs present the findings of credit union research and studies carried out through World Council's credit union development activities.


FOCUS


Get a snapshot of the difference WOCCU programs are making in various countries throughout the world.


International Credit Union Principles


The International Credit Union Principles are the foundation for how credit unions differ from other financial institutions. The principles provide frameworks for credit union operations, governance and safety and soundness.

 

Please e-mail publication requests to: mail@woccu.org.

 


 

Videos From The Field
Saving for Change in Mexico
Saving for Change in Mexico

Watch Video


Subsistence to Sustainability: Kenyan Credit Unions Make the Link
Quality: High
Peru
Peru: Value Chain
Quality: High | Low
 Bolivia
Ecuador: A Reason to Believe
Quality: High | Low
 Uganda
Uganda: One Seedling at a Time
Quality: High
Sri Lanka
Sri Lanka: Credit Unions Rebuild
Quality: High | Low 
Cambodia
Cambodia: Communities Coming Together
Quality: High | Low
Bolivia
Bolivia: Credit Unions Reaching the Rural Poor
Quality: High | Low


USAID interviews Luis Jimenez

Watch Video



 

WOCCU eCommuniqué - From the Field
Fokkus CAR Manager Ildiko Croitoru (right), pictured here with CU staffer and board member, says that members trust the CAR to honor its commitments. She credits that trust with helping the CAR grow dramatically over the years.

Romania - February 2010

Number of Photos: 5

Fokkus CAR Manager Ildiko Croitoru (right), pictured here with CU staffer and board member, says that members trust the CAR to honor its commitments. She credits that trust with helping the CAR grow dramatically over the years.

Well-known Roosevelt Avenue, the bustling commercial and cultural center of Corona, New York. In the background, New York’s elevated metro line number 7 parallels Roosevelt while Spanish is heard on the streets below.

New York - December 2009

Number of Photos: 4

Well-known Roosevelt Avenue, the bustling commercial and cultural center of Corona, New York. In the background, New York’s elevated metro line number 7 parallels Roosevelt while Spanish is heard on the streets below.

Students from the St. Jude School.

Haiti - October 2009

Number of Photos: 6

Students from the St. Jude School.

Malika Deepani with the crops that she will rely on to support her family throughout the year.

Sri Lanka - August 2009

Number of Photos: 7

Malika Deepani with the crops that she will rely on to support her family throughout the year.

<i>Semilla cooperativa's</i> emphasizes savings, which encourages self sufficiency over dependence on borrowing and helps families build solid foundations for the future.

Mexico - June 2009

Number of Photos: 6

Juan Manuel Sanchez demonstrates the sandal production process to Oscar de Leon and Brian Branch.

Colombia - April 2009

Number of Photos: 4

The group in “the jungle”.

Peru - February 2009

Number of Photos: 5

Susan Nduati, marketing specialist for the WOCCU-USDA program in Kenya, talks with fellow colleague, John Inganga, at the Finlays estates in Kericho, Kenya. Susan has worked closely with John and the rest of WOCCU’s agriculture team to identify proper crops and markets for farmers, caregiver groups and people living with HIV/AIDS.

Kenya - December 2008

Number of Photos: 5

A view from the steeple of St. Mary’s Church offers a bird’s-eye view of the old Gdansk city hall.

Poland - October 2008

Number of Photos: 8

(Photo from FENACOAC) Children’s accounts are sometimes the “hook” to get remittance receivers to join the credit union.

Guatemala - June 2008

Number of Photos: 5


World Credit Union Conference 2009
Regulators Brandon Khoo of Australia and Andy Poprawa of Canada share a nice exchange during Wednesday's Closing Session.

July 29, 2009

Number of Photos: 4

WOCCU Director Penny Reeves of Canada was Tuesday's Master of Ceremonies.

July 28, 2009

Number of Photos: 13

President Fox brought his wife, Marta, up on stage to announce that they would be donating the beautiful dress she was wearing for Wednesday's live auction, which benefits the Worldwide Foundation for Credit Unions.

July 27, 2009

Number of Photos: 18

Traditional Spanish Flamenco dancers wowed the crowd.

July 26, 2009

Number of Photos: 17


Features

EU Network

Number of Photos: 10

Photos from the European Union Credit Union Network (See www.creditunionnetwork.eu for more information)


Programs
KOTELAM's Magoire Ambrose branch office in Port-au-Prince suffered severe damage. Staff members have set up a special office to aid members who have lost their records and identification.

WOCCU HIFIVE Haiti Album

Number of Photos: 18

Take a closer look at the realities faced by the MFIs and credit unions in Haiti as they continue to serve their members. Photos by Christian Kober.



 

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