ACUL Partnership Group Travels to Visit Costa Rican Credit Unions
Sonja Purvis, SVP, chief marketing and development officer at Mutual Savings Credit Union, and her husband Dewie visit a pineapple growers' cooperative near Guayabito in north central Costa Rica. Mutual Savings CU has a direct partnership with Coopemex in Costa Rica, which has helped the growers brand and market their product internationally.
Birmingham, AL—Three of the five
credit unions partnering with Costa Rican credit
unions recently traveled to San Jose, Costa Rica
to visit onsite with their respective partners.
Representatives from Community Credit Union,
Family Security Credit Union and Mutual Savings
Credit Union made their first trip to Costa Rica
to learn more about their partner credit unions
and identify areas of common interest and
League CEO Gary B. Wolter and senior
executive vice president Vicki
Williams accompanied the group and met with the
Costa Rican Credit Union League (FEDEAC) CEO and
board of directors about the challenges facing
FEDEAC and their credit unions and opportunities
for cooperative endeavors.
"This is an excellent opportunity for Alabama
credit unions and the League to demonstrate our
commitment to the credit union principle of
people helping people, and we are grateful to
World Council of Credit Unions for providing us
this opportunity," said Wolter.
The Alabama Credit Union League's (ACUL)
partnership with the Costa Rican Credit Union
Movement and World Council was
originally formed in August 2005 and cumulated
with this most recent trip to Costa Rica.
"World Council is very pleased with all the
exchanges and synergies developed between FEDEAC
and the Alabama Credit Union League and now the
direct partnership among credit unions in both
countries," said World Council International
Partnerships Manager, Victor Corro. "The
feedback I have received from all the parties
involved is very positive. I have no doubt that
this partnership will allow for great things to
be accomplished and benefit credit union members
both in Alabama and Costa Rica."
Coordinated by World Council, the partnership
enables select credit unions in Alabama to work
with World Council and FEDEAC R.L., the trade
association for Costa Rica's credit unions, in
identifying areas of cooperation and then
developing strategies for working together to
share information and specialties. There are
currently 70 active credit unions in Costa Rica
serving 490,545 members.
Shane Nobbley, president of Family Security
Credit Union and a member of the visiting
delegation, expounded on the partnership's
spirit of cooperation by saying, "After this
visit, we are confident this will be a long-term
relationship which will be greatly beneficial to
both of our credit unions."
The Alabama Credit Union League represents
state's 168 credit unions and their 1.6 million
World Council of Credit Unions is the global trade association and development agency for credit unions. World Council 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. World Council 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.
World Council has implemented more than 290 technical assistance programs in 71 countries. Worldwide, 57,000 credit unions in 103 countries serve 208 million people. Learn more about World Council's impact around the world at www.woccu.org.