WOCCU Coordinates Credit Union Breakfast Seminar in European Parliament
The World Council of Credit Unions, Inc. (WOCCU)
and its European members from Ireland, Great
Britain, Poland and Romania held the first ever
breakfast seminar in Brussels, Belgium on October
6th for members of the European Parliament. The
event was co-hosted by Brian Crawley and Marian
Harkin, both Irish members of the European
Parliament, and was held within Parliament.
The primary purpose of the breakfast seminar was
to expand the knowledge base of European
Parliament members and officials within the
European Commission with respect to credit unions.
Attendance was strong and a vigorous discussion
was held on the potential impact of the consumer
credit directive on credit unions in the European
Union (EU). Two European Parliament members
currently have loans with their local credit
unions, and one member indicated that it was with
this loan that she was able to finance her
campaign for Parliament.
"For a first of its kind event in the European
Parliament for credit unions in the EU, I think
the program was extremely successful," indicated
Pete Crear, chief executive officer of WOCCU.
"Anytime you can attract the numbers of elected
officials that we did and keep them engaged in a
discussion for the duration that we did, it's a
huge success. The best stories of the benefits of
credit unions were told by some of the Parliament
members to their colleagues," continued Crear.
Credit union representatives present at the
breakfast seminar included Liam O'Dwyer, Uel Adair
and Noel Madden of Ireland; Grzegorz Bierecki and
Pawel Grezsik of Poland; Gary Plank, Pete Crear
and Dave Grace of WOCCU; Roney Hobley and Ciara
Morrison of Great Britain; Florin Simion from
Romania; and Eleonora Zgonjanin from Macedonia.
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, 56,000 credit unions in 101 countries serve 200 million people. Learn more about World Council's impact around the world at www.woccu.org.