News Release Year

European Network of Credit Unions (ENCU) in Croatia to Urge Support for Financial Inclusion Measures

September 27, 2023

European Network of Credit Unions (ENCU) in Croatia to Urge Support for Financial Inclusion Measures

ZAGREB, Croatia—The European Network of Credit Unions (ENCU) and World Council of Credit Unions (WOCCU) joined the Croatian Credit Union Association this week to convince key policymakers in Croatia’s capital to address the regulatory challenges preventing credit unions from maximizing their ability to reach underserved communities.   

WFCU Philanthropy Welcomes New Leader

September 19, 2023

WFCU Philanthropy Welcomes New Leader

MADISON, Wis. — Worldwide Foundation for Credit Unions (WFCU) is excited to present the new leader of their fundraising work, Marcey Ciaccio. In June 2023, Ciaccio assumed the role of Philanthropy Manager and dove right in to bolster WFCU’s fundraising efforts.

WOCCU to Launch USAID-CDP Economic Development Initiative Through Credit Unions in 4 Countries

September 18, 2023

WOCCU to Launch USAID-CDP Economic Development Initiative Through Credit Unions in 4 Countries

WASHINGTON, D.C.—World Council of Credit Unions (WOCCU) is pleased to announce in October it will begin implementing the new Accelerating Growth and Inclusion in Lending for Credit Unions (AGIL4CU) Project, a five-year, $9.3 million initiative funded through the USAID Cooperative Development Program in Burkina Faso, Kenya, Senegal and Guatemala.  

CUNA, World Council Urge Basel III Proportionality Implementation

September 14, 2023

CUNA, World Council Urge Basel III Proportionality Implementation

WASHINGTON, D.C.—The Credit Union National Association (CUNA) and World Council of Credit Unions (WOCCU) sent a letter Thursday addressing the implementation of a Basel III proportionality framework to establish a simpler and more reasonable approach for credit unions to leaders of the U.S. House of Representatives’ Financial Services Committee.

WOCCU Applauds G20 for Embracing Proportionality in Leaders’ Declaration

September 12, 2023

WOCCU Applauds G20 for Embracing Proportionality in Leaders’ Declaration

WASHINGTON, D.C.—Leaders of The G20 agreed September 9 to a joint declaration that embraces a proportional approach to the newly finalized standards on sustainability and climate-related disclosures published by the International Sustainability Standards Board (ISSB), while addressing a number of other issues that will impact credit union regulations moving forward.

USAID/WOCCU Study Shows Venezuelan Refugees and Migrants with Professional Backgrounds Struggle to Find Work in Ecuador

August 25, 2023

USAID/WOCCU Study Shows Venezuelan Refugees and Migrants with Professional Backgrounds Struggle to Find Work in Ecuador

QUITO, Ecuador—A research study conducted by the USAID/World Council of Credit Unions (WOCCU) Economic Inclusion Project (EIP) shows nearly 40% of Venezuelan refugees and migrants who arrived in Ecuador with professional certifications are still unemployed, with just 19% successfully revalidating those certifications in their new host country.

Worldwide Foundation for Credit Unions Supports Maui, Hawai’i through National Credit Union Foundation’s CUAid Initiative

August 16, 2023

Worldwide Foundation for Credit Unions Supports Maui, Hawai’i through National Credit Union Foundation’s CUAid Initiative

MADISON, Wis.—Worldwide Foundation for Credit Unions (WFCU) is supporting credit union communities in Maui, Hawai’i through CUAid, the National Credit Union Foundation's (USA) disaster relief grant program. CUAid is providing relief to credit union employees, volunteers and communities after devastating wildfires tore through Maui on August 8.

2023 Global Women’s Leadership Network Empowerment Grant Winners to Increase Financial Access Worldwide

August 08, 2023

2023 Global Women’s Leadership Network Empowerment Grant Winners to Increase Financial Access Worldwide

MADISON, Wis —Global Women’s Leadership Network is pleased to announce its 2023 Empowerment Grant winners are Enkhchimeg Nergui, Partnership Specialist, Mongolian National Confederation of Credit Unions, and Violet Ndungu, CEO, Muki Sacco (Kenya).

Records Smashed at 2023 World Credit Union Conference

July 27, 2023

Records Smashed at 2023 World Credit Union Conference

VANCOUVER, British Columbia—The 2023 World Credit Union Conference concluded Wednesday with a Canadian-themed closing party that put the finishing touches on a record-setting, four-day event at the Vancouver Convention Centre.

WOCCU Examines Lifting Up the Underserved Through Digital Financial Inclusion

July 26, 2023

WOCCU Examines Lifting Up the Underserved Through Digital Financial Inclusion

VANCOUVER, British Columbia—World Council of Credit Unions (WOCCU) International Advocacy examined the unique role the credit union cooperative model can play in ensuring underserved and marginalized communities have access to financial inclusion in the digital revolution during a Wednesday breakout session at the 2023 World Credit Union Conference.

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