Capitol Hill Celebrates International Credit Union Day
NCUA Nominees Rodney Hood and Gigi Hyland meet for the first time at WOCCU International Credit Union Day festivities in Washington, DC
Washington, DC – At a reception co-hosted by
World Council of Credit Unions, Inc. (WOCCU) and
the Credit Union National Association (CUNA),
some 70 Congressional staff members and credit
union industry insiders celebrated International
Credit Union Day here this afternoon. Of note
were National Credit Union Administration (NCUA)
Chairman JoAnn Johnson and her colleagues-to-be,
NCUA board nominees Rodney Hood and Gigi Hyland,
who are awaiting Senate confirmation expected to
occur next week.
Attendees were treated to a selection of
international coffees and desserts as WOCCU CEO
Pete Crear spoke about how credit unions in
nearly 100 countries are serving their members
despite significant obstacles, such as not
having a law in place allowing credit unions to
operate or difficulties in dangerous situations
of conflict and political unrest. "I'm in the
habit of saying 'Happy Credit Union Day,'" said
the 40-year veteran of the U.S. credit union
movement. "But I've learned since being at World
Council that it really is International
Credit Union Day. People all over the world are
celebrating the difference credit unions make in
Katie Herberger, Manager of Legislative Afffairs, CUNA; Victor Corro, International Partnerships Manager, WOCCU; Molly Schar, Governmental Affairs Manager, WOCCU; Pete Crear, CEO, WOCCU
Crear also acknowledged the activities of a
number of reception attendees here in Washington
in conjunction with the first workshop for
participants in WOCCU's International
Partnership Program, which matches 21 CUNA-
affiliated state credit union leagues with
credit union movements in developing countries.
"Thank you for all you have done and all you
will continue to do to help credit unions grow
and thrive," said Crear. "And Happy
International Credit Union Day."
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, 56,000 credit unions in 101 countries serve 200 million people. Learn more about World Council's impact around the world at www.woccu.org.