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March 02, 2004


WOCCU Congratulates Polish CU Movement On Success

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Madison, WI—The Polish Credit Union Movement, SKOK announced the achievment of becoming the largest retail network for financial services in Poland, with 1,285 outlets, bypassing the biggest Polsih banking group, PKO BP. WOCCU's president & CEO, Arthur Arnold stated, "Just think that credit unions only started little more than 10 years ago and today they serve almost one million members. SKOK's success shows once more that the concept of credit unions is very much alive and thriving." For a direct link to the announcement please click to view.

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 103 countries serve 208 million people. Learn more about World Council's impact around the world at www.woccu.org.

 



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