UK’s Unity Trust Bank Introduces Credit Union Awards
WOCCU Director Participates in Launch Ceremonies
WOCCU Director Marlene Shiels explains the importance of the global credit union movement to assembled dignitaries in the U.K.'s House of Lords as Damian Hinds, chair of the Parliamentary All Party Group on Credit Unions, looks on.
LONDON – In an attempt to help
publicize the positive role credit unions play, particularly in light of the
recent global economic crisis, the United Kingdom’s Unity Trust Bank last week
launched the country’s first-ever National Credit Union Awards for Excellence
program. World Council of Credit Union’s (WOCCU) Director Marlene Shiels, chief
executive of Capital Credit Union in Edinburgh,
participated in the launch of the program, which will recognize its first round
of honorees in February 2011.
day, more than 49,000 credit unions worldwide provide products and services to
their members, especially those demonstrating the greatest financial need,”
said Shiels to assembled dignitaries in the Lord Clement Attlee Room of the U.K.’s House of
Lords on July 22. “These awards are a tribute to those credit unions and
individuals who have gone above and beyond on behalf of their members.”
National Credit Union Awards for Excellence, which Unity Trust Bank organizers say
have been modeled after similar programs in Canada and the United States, will
recognize top performers in the areas of marketing, community mobilization,
credit union education, fundraising and active partnerships, as well as
provide an award to a single benefactor of the U.K.’s credit union movement. The
top honor, as drawn from all six categories, is named after Edward A. Filene,
the Boston merchant who helped pioneer the U.S.
credit union movement. Winners in each category will receive trophies and cash
awards emphasize that our historic support for credit unions remains a
long-term commitment and a fundamental building block in our strategy of
promoting key social initiatives such as tackling financial and social
exclusion,” said Kevin Turmore, managing director of Unity Trust, which
provides banking services to more than 48% of the U.K.’s credit unions. “I am
delighted with the overwhelmingly positive response from credit unions.”
not formally a part of the awards judging panel, WOCCU representatives have
been invited to participate in the ceremony recognizing award winners early
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 105 countries serve 217 million people. Learn more about World Council's impact around the world at www.woccu.org.
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Contact: Rebecca Carpenter
Organization: World Council of Credit Unions