WOCCU Auction Raises Record Amount
Total Pledged More than Quadruples 2009 Amount Raised
Crissy Cheney bids on an item during WOCCU's charity auction at The 1 CU Conference. Cheney was co-chair of the event, which raised pledges of more than $74,000 to fund global credit union development.
LAS VEGAS – Frenzied bidders – both online
and in person – helped World Council of Credit Unions (WOCCU) raise a record
amount during its annual silent and live auctions held at the close of The 1
Credit Union Conference, the joint meeting between Credit Union National
Association (CUNA) and WOCCU held at the MGM Grand Hotel last week.
Bidders in the silent auction,
which for the first time allowed people worldwide to bid online for items, pledged
more than $28,800 compared to $8,261 raised during WOCCU’s 2009 World Credit
Union Conference in Barcelona,
in the live auction pledged more than $45,000 compared to $9,410 in 2009. Total
funds pledged of almost $74,000 – more than four times the amount raised last
year – will be used to support global credit union development.
The move to an online format with
higher-value items that contributed directly to the auction’s success was largely
the work of auction co-chairs Judy Ensweiler, wife of Texas Credit Union League
President & CEO Dick Ensweiler, and Crissy Cheney, wife of new CUNA
President & CEO Bill Cheney. Dick Ensweiler once again served as auctioneer
during the live event, offering impressive packages to anxious bidders.
Jake and Betsy Lay celebrate the success of their top bid of $3,500 for a New Orleans vacation package, which they will present to their serviceman son when he returns from Iraq.
The highest bids came during the
live auction for items that included a week in a Las Vegas condo; a Chicago
shopping spree; lunch and a private U.S. Capitol tour in Washington, D.C., hosted
by former CUNA President and CEO Dan Mica; and a New York hotel night, dinner
and tickets for the Broadway production of Jersey
The top bid of $3,500 was made by Fairfax County
(Va.) Federal Credit Union Chairman Jake Lay
and his wife, Betsy, for the New
Orleans vacation package, contributed by the Louisiana
Credit Union League. The package, which includes airline tickets, a five-night
French Quarter hotel stay, dinner coupons, a Flip video camera, $550 in gift
cards and other benefits, will be used by the Lay’s serviceman son when he
returns from his second tour of duty in Iraq.
Conference registrations also were
auctioned off, with a full registration for CUNA’s 2011 America’s Credit Union
Conference June 19-22 in San Antonio, Texas, going to Winona Nava, president
and CEO of Guadalupe Credit Union in Santa Fe, N.M. Pamela Stephens, president
and CEO of Security One Federal Credit Union in Arlington, Texas, successfully
bid on a registration and $1,000 spending money for WOCCU’s 2011 World Credit
Union Conference July 24-27 in Glasgow, Scotland.
Auction "spotter" Scott Kennedy of Mississauga, Ontario, waves a Canadian flag to catch auctioneer Dick Ensweiler's attention as his wife, Sandy, makes a pledge to Busia Compasionate Centre, the Kenyan orphanage supported by WOCCU.
Conference registrations were also
awarded to two lucky winners in a drawing held at the combined CUNA/WOCCU
conference booth in the exhibit hall.
Donna Battistoni, CEO of Torrington (Conn.) Municipal & Teachers Federal Credit Union,
received a complimentary registration to CUNA’s 2011 conference in Texas. The complimentary
registration for the 2011 WOCCU conference in Scotland
went to Sherwin Cambridge, general manager of Tranquillity Credit Union in St. Augustine, Trinidad and Tobago.
The auction concluded with an open
call for participants to become involved in helping fund Busia Compassionate Centre,
an orphanage that WOCCU supports in rural Kenya. More than 70 bidders
responded with an additional $28,000 in pledges for the orphanage.
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, 51,000 credit unions in 100 countries serve 196 million people. Learn more about World Council's impact around the world at www.woccu.org.
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Contact: Mike Muckian
Organization: World Council of Credit Unions