WOCCU Adds Two New Members
World Council welcomes Croatian Association of Credit Unions and FINACUS Solutions
May 07, 2019
MADISON, Wis.—World Council of Credit Unions is proud to announce the addition of another national credit union association from Europe and a technology solutions company from Asia to its growing list of members.
World Council’s Board of Directors voted to make the Croatian Association of Credit Unions (CACU) a direct member and approved FINACUS Solutions—a credit union technology service organization from India—as an associate member at its April meeting in Sopot, Poland.
Established in 2011, the Croatian Association of Credit Unions represents 12 credit unions with 44,000 members and US$87 million in assets.
“Granting membership to the CACU allows World Council to add another credit union association from a European Union (EU) nation that has a strong desire to connect with the international network and participate in the European Network of Credit Unions (ENCU). The Croatian Association of Credit Union’s inclusion in the ENCU will ensure the organization has an even stronger voice when educating EU policymakers on the services credit unions provide, and the economic and social role they play both in Europe and worldwide,” said World Council President and CEO Brian Branch.
FINACUS Solutions is a privately-owned business organization based in Mumbai, India that has been providing technology solutions for credit unions and cooperative banks since 2007. FINACUS provides technology solutions to credit unions in India, Nigeria, South Sudan, Ethiopia, South Africa, Bolivia, Paraguay and Mexico.
“By participating in the World Council’s international network, FINACUS can support the challenge of digitizing the global credit union system,” said Branch.
You can find a full list of World Council members here.
World Council of Credit Unions is the global trade association and development platform 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 300+ technical assistance programs in 89 countries. Worldwide, 85,400 credit unions in 118 countries serve 274 million people. Learn more about World Council's impact around the world at www.woccu.org.