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July 28, 2005

The Roman Catholic Church receives Distinguished Service Award

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(Rome, Italy) - The World Council of Credit Unions' (WOCCU) executive committee, along with WOCCU CEO Pete Crear, presented the Distinguished Service Award (DSA) to the Roman Catholic Church today at the Vatican.

Monseigneur Nicolo, the representative from the vatican prefectoral office accepted the DSA award on behalf of the Catholic Church from L.R. (Bobby) McVeigh, WOCCU board chairman.

WOCCU executive committe members participating in this private presentation included; Gary Plank (USA), Melvin Edwards (Federation of St. Kitts and Nevis), Barry Jolette (USA), Jose Manuel Rabines (Peru), Grzegorz Bierecki (Poland) and Ron Hance (USA).

Monseigneur Nicolo expressed his support of the development work credit unions do and hopes that we continue to do more collaborative work in the future. He noted he will personally present the DSA and our congratulations to the holy father later this month.

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, 60,500 credit unions in 109 countries serve 223 million people. Learn more about World Council's impact around the world at


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