Iowa CU Leaders Hosts Panamanian Delegates
COFEP delegation poses for a photo during a visit to Iowa law makers.
The Iowa Credit Union League (ICUL) hosted a
delegation from the trade and service enterprise company for credit unions in Panama, COFEP, this week. The primary focus of
the trip was to sign a formal commitment between
the organizations, setting them on the path to a long
and mutually beneficial relationship.
In addition to formalizing the international
partnership agreement, the Panamanian delegation
had the opportunity to learn about ICUL and
credit union operations in Iowa.
During the first day the group attended the
Serving the Underserved Summit in Des Moines in
the morning and spent the afternoon at the state
capitol. The group had the opportunity to meet
with Justin Hupfre, vice president of Government
Affairs & Internal Counsel, for a tour of Iowa's
capitol building and to meet with legislators to
learn about credit union lobbying activities.
The following day included a tour of the ICUL
building and meetings with several staff
members. Cynde Urness, senior vice president of
product management, discussed The Members Group,
an ICUL subsidiary, and Tom Kuehl, CEO of Iowa
Corporate Central Credit Union, explained the
corporate credit union structure. In the
afternoon, the group visited with Jim Forney,
superintendent of the Iowa Credit Union Division,
at the State Regulator. Forney discussed the
state and federal regulatory framework of U.S.
ICUL Representatives used the final day to
information about ICUL's history and governance.
They discussed credit union advocacy, branding,
and community outreach. Mark Kilian followed
with a discussion on the role of the ICUL
subsidiary and community business lenders. The
delegation finished off its trip by visiting two
Iowa credit unions in the afternoon to learn more
about how individual credit unions function in
Iowa, meeting with CEO, Roger Reiser at Community
Choice Credit Union, and CEO, Deborah Whittie at
Blue Plans Credit Union.
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.
Contact: Rebecca Carpenter
Organization: World Council of Credit Unions