MADISON, Wis. — If experience is the best teacher, then there are tremendous educational opportunities that come through participation in World Council of Credit Unions' WOCCU Young Credit Union People (WYCUP) Scholarship Program, which celebrates its 10th anniversary in 2010. Just ask past WYCUP participant Carolyne Luvembe, education and training officer for Kenya Union of Savings and Credit Cooperatives, Nairobi.
"The WYCUP program was an excellent opportunity to broaden my perspective through networking with peers from around the world," said Luvembe, who earned a WYCUP scholarship at the 2009 World Credit Union Conference in Barcelona, Spain. "It also provided an opportunity for me to learn how to think in a more dynamic way."
WOCCU is accepting nominations for this year's WYCUP program, which promotes international education and networking opportunities for credit union professionals and dedicated volunteers under age 35. The deadline for all nominations to be received at WOCCU headquarters is Monday, June 7, 2010.
"This year will marks WYCUP's 10th anniversary and more than 400 young credit union professionals and volunteers have passed through the program," said WYCUP founder Dave Grace, WOCCU vice president of association services. "We've seen national programs in Australia, Canada, Ireland, Poland and, more recently, in the U.S. begin as a result of WYCUP's influence and effectiveness."
The WYCUP Scholarship Program seeks individuals who have already made significant contributions to the development of their own credit unions, or regional or national credit union systems and have demonstrated the potential to employ their unique talents at the international level. Credit unions and credit union organizations that are WOCCU members are encouraged to nominate their next generation of leaders to compete for the WYCUP Scholarship.
To be eligible for the scholarship, nominees must: 1) be sponsored by their credit union or credit union organization to attend The 1 Credit Union Conference — a combination of WOCCU's World Credit Union Conference and CUNA's America's Credit Union Conference — in Las Vegas in July; 2) be 35 years of age or younger on January 1, 2010; and 3) submit a completed nomination form to WOCCU with all the necessary supporting materials no later than June 7, 2010.
The WYCUP Scholarship, which consists of an all-expense-paid trip to the 2011 World Credit Union Conference in Glasgow, Scotland, will be awarded to five recipients at 2010 Las Vegas conference. All WYCUP nominees, regardless of award status, will be formally recognized in Las Vegas and invited to take part in events and networking sessions organized throughout the conference specifically for participants under age 35. Conference registrants age 35 and under also qualify for a discounted registration fee regardless of whether or not they compete for the scholarship.
"Overall the WOCCU [conference] was by far the best credit union event I've attended," said Amy Stanton, assistant vice president for Connex Credit Union, North Haven, Conn., USA, and another 2009 WYCUP scholarship winner. "I met great people, learned so much about the global credit union movement and took away many great experiences. I'm very much looking forward to attending future events."
For more information on the WYCUP Scholarship Program and to download a nomination form, visit the WOCCU Website at www.woccu.org/wycup.
For questions about WYCUP, contact Liliana Tangwall at email@example.com or by calling +1-608-395-2043.
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.