Alabama Credit Union League Partners With Costa Rica Credit Unions
(Birmingham, Ala.) – The Alabama Credit Union
League has formed a partnership with the Costa
Rican Credit Union Movement and the World Council
of Credit Unions (WOCCU). During its meeting on
August 12th, the League's Board voted unanimously
to form a partnership for information sharing,
cooperation, and other joint activities.
"A cornerstone of the credit union difference is
cooperation," said League Board Chair Dale Dalbey,
CEO of Mutual Savings Credit Union in Birmingham.
"The value of cooperation extends beyond our
lobby doors and around the world. This is a great
opportunity for credit unions in Alabama and Costa
Rica to learn from each other, and share our
strengths with each other."
Credit unions in Alabama will begin working with
WOCCU and FEDEAC, the trade association for Costa
Rica's credit unions, to identify areas of
cooperation and develop a plan for working
together. There are 70 active credit unions in
Costa Rica serving 490,545 members.
"The League's Board and our staff are looking
forward to this opportunity to work with credit
unions in another part of the world," said League
CEO Gary B. Wolter. "Costa Rica is a success
story with a sound economy, a rich democratic
tradition, and a strong and growing credit union
movement. This cooperative venture will benefit
credit unions in both Costa Rica and Alabama. We
are eager to begin working with them."
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, 51,000 credit unions in 100 countries serve 196 million people. Learn more about World Council's impact around the world at www.woccu.org.