News Release Year

November 12, 2019

World Council Applauds Tailored EU Credit Union Regulations

BRUSSELS—The European Network of Credit Unions (ENCU) met this week with some key Members of the European Parliament (MEPs) to discuss challenges facing credit unions in the European Union (EU)—and some key regulatory items coming up in the Parliament’s new legislative term.

November 04, 2019

WOCCU Board Members Make Historic Visit to Ghana

MADISON, Wis.—Two World Council of Credit Unions’ (WOCCU) Board Directors recently made history, becoming the first members of the WOCCU Board to ever visit Ghana—a West African nation home to nearly 600 credit unions.

October 24, 2019

Global Credit Union Movement Surpasses 274 Million

MADISON, Wis.—The international credit union movement added more than 14 million members in 2018 to reach a new high of more than 274 million in 118 countries, according to World Council of Credit Unions’ newly released 2018 Statistical Report.

October 22, 2019

Ukrainian Regulators Advocate for Exemption from EU Directives

MADISON, Wis.—World Council of Credit Unions’ Credit for Agriculture Producers (CAP) Project team joined a group of key partners for meetings with European Union (EU) officials to ensure Ukrainian credit unions are exempt from certain EU directives.

October 16, 2019

World Council, CUNA continue push for increased CDP funding

MADISON, Wis.—World Council of Credit Unions and Credit Union National Association (CUNA) Wednesday called on House and Senate appropriators to increase funding for the USAID's Cooperative Development Program (CDP) to $17 million, up from the previous year’s $12 million.

October 10, 2019

State Employees’ Credit Union Gifts $125,000 to Project Storm Break

MADISON, Wis—State Employees’ Credit Union (SECU), based in Raleigh, North Carolina, made an overwhelming donation of $125,000 to Worldwide Foundation for Credit Unions to support Project Storm Break—exceeding expectations for the disaster relief fund helping credit unions in The Bahamas recover from of Hurricane Dorian.

October 10, 2019

Celebrate International Credit Union Day® with WOCCU

MADISON, Wis.—World Council of Credit Unions (WOCCU) will spotlight International Credit Union Day 2019 on Thursday, October 17 with a truly global celebration of the 71st anniversary—featuring a daylong social media promotion of ICU Day activities and events spanning multiple continents.

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October 03, 2019

Project Storm Break to Help Bahamian Credit Unions Rebuild

MADISON, Wis.—Worldwide Foundation for Credit Unions, the charitable arm of World Council of Credit Unions, is distributing Project Storm Break funds to help two credit unions in The Bahamas repair infrastructure and replace equipment damaged by Hurricane Dorian.

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October 02, 2019

PSECU Donates Satellite Phones to World Council

MADISON, Wis./HARRISBURG, Pa.—Recognizing that one phone call could save a life, PSECU, Pennsylvania’s anytime, anywhere digital credit union, donated a collection of satellite phones to World Council of Credit Unions (WOCCU). The 25 Iridium 9505A devices, valued at approximately $12,000, are being repurposed by World Council's fundraising arm—Worldwide Foundation of Credit Unions—to support its global disaster recovery and development projects.

September 27, 2019

Project Storm Break Surpasses $200,000

MADISON, Wis.—In the weeks since Hurricane Dorian devastated several credit unions in The Bahamas, an additional $100,000 has poured into Worldwide Foundation for Credit Unions’ Project Storm Break fund—bringing the total amount donated to more than $200,000.

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