Madison, WI—In response to the Russian credit union system’s request for short-term training opportunities, World Council of Credit Unions (WOCCU), the Russian Credit Union League (RCUL) and the Louisiana Credit Union League (LCUL) began a 10-day training program in New Orleans’ French Quarter on Monday for eight credit union executives and board members from across Russia.
LCUL staff, in conjunction with the league’s education department, are presenting topics this week that include credit union regulation, board governance, corporate credit union structure, marketing, strategic planning, security, member services and internal audit training. As part of the workshop’s unifying theme on the types of services leagues provide, the Russian visitors also had the opportunity to join 100 other credit union professionals at the East/West Orleans Chapter Meeting on Tuesday. They will be attending a function Thursday evening in Bay St. Louis, Mississippi, as part of a joint Louisiana/Mississippi Supervisory Committee Training program.
Anne Cochran, LCUL President and CEO and lead organizer of the training, set the tone on Monday by sharing her insight and experience in providing league services.
“We are honored to have this group in Louisiana to share our expertise with them as they continue growing the credit union movement in their country,” Cochran said. “Establishing consistent, accurate policies and procedures lays the foundation for a strong movement in Russia and Eastern Europe over the long term. We’ve shared LCUL’s vision with them and have worked hard to develop a curriculum that will provide valuable information they can implement in Russia to make their credit unions successful for many years to come.”
John Kalfayan, WOCCU Senior Manager of Technical Services who has been working closely with RCUL to develop a long-term training program in Russia, will be leading sessions on financial management and the PEARLS financial monitoring system together with Peteris Zeltins, WOCCU MIS Officer.
Credit unions in Russia use basic accounting software but lack cohesive financial management tools. WOCCU and RCUL have collaborated on translating the PEARLS system into Russian and incorporating Eastern European accounting methods. The short-term training in Louisiana provides a testing ground for expanding PEARLS throughout Russia. “The training not only serves to meet the immediate needs of a diverse group of RCUL members, but it will also help the league better tailor its training curriculum for credit union managers and board members throughout Russia,” Kalfayan pointed out. “LCUL’s hospitality and expertise bring RCUL a great step forward along its roadmap to strengthen and unify the Russian credit union system.”
Kalfayan noted that the LCUL workshops expand on training that the California Credit Union League offered to a group of credit union executives from Siberia last November.
Cochran, who has been working with WOCCU and RCUL to develop a permanent training program in Russia, will be a presenter at the upcoming Eastern European Technical Congress, September 10-12, in Moscow.
El Consejo Mundial de Cooperativas de Ahorro y Crédito es la asociación gremial y agencia de desarrollo para el sistema internacional de cooperativas de ahorro y crédito. El Consejo Mundial promueve el crecimiento sustentable de las cooperativas de ahorro y crédito y otras cooperativas financieras en todo el mundo a fin de facultar a las personas para que mejoren su calidad de vida a través del acceso a servicios financieros asequibles y de alta calidad. El Consejo Mundial realiza esfuerzos de defensa activa en representación del sistema global de las cooperativas de ahorro y crédito ante organizaciones internacionales y trabaja con gobiernos nacionales para mejorar la legislación y la regulación. Sus programas de asistencia técnica introducen nuevas herramientas y tecnologías para fortalecer el desempeño financiero de las cooperativas de ahorro y crédito y profundizar su alcance comunitario.
El Consejo Mundial ha implementado 290 programas de asistencia técnica en 71 países. A nivel mundial, 51,000 cooperativas de ahorro y crédito en 100 países atienden a 196 millones de personas. Obtenga más información sobre el impacto global del Consejo Mundial en www.woccu.org.