News Release Year
October 13, 2021
Global Credit Union Membership Surpasses 375 million
MADISON, Wis.—Improved supervision and data reporting in the world’s second-most populous country combined with continued growth across the globe resulted in a 29% year-to-year increase in international credit union membership, according to World Council of Credit Unions’ (WOCCU) newly released 2020 Statistical Report.
September 30, 2021
WOCCU TIFI Project Helps Establish First CUSO in Guatemala
MADISON, Wis.—World Council of Credit Unions worked hand-in-hand with its member credit union association in Guatemala to establish in August the nation’s first credit union service organization (CUSO), which is able to provide loans to members whose businesses grow into registered corporations—something credit unions have been unable to do previously in the Central American country.
September 21, 2021
Year One of Economic Inclusion Project Benefits Over 30,000 People in Peru and Ecuador
LIMA, Peru—Nearly 28,000 people gained access to financial services for the first time and more than 2,500 entrepreneurs received support for their businesses during the first year of World Council of Credit Unions’ (WOCCU) Economic Inclusion Project (EIP), a USAID-funded activity based in Peru and Ecuador.
September 15, 2021
Marshall Boutwell Honored for Support of Polish Credit Union Movement
WASHINGTON, D.C.—Marshall Boutwell, President and CEO of Peach State Federal Credit Union, received the highest award Poland gives to non-citizens for his support of the country’s credit union movement during a September 14 ceremony at the residence of the Polish Ambassador to the United States.
September 14, 2021
$45,000 Grant to Help Haitian Credit Unions Recover from August Earthquake
MADISON, Wis.—Six credit unions in Haiti devastated by an August 14 earthquake will soon be back and up running thanks to a $45,000 grant issued through Worldwide Foundation for Credit Unions’ Project Storm Break initiative.
August 24, 2021
World Council Urges Basel Committee to Adopt Measured, Orderly Withdrawal of COVID-19 Relief Measures
MADISON, Wis.—Recognizing many credit unions are serving countries and populations still left behind by the current COVID-19 recovery, World Council of Credit Unions’ (WOCCU) International Advocacy sent a letter to the Basel Committee on Banking Supervision urging the international standard setting body to support a measured and orderly approach to the withdrawal of its pandemic relief measures.
August 09, 2021
Credit Unions from U.S. and South Korea Come Together with “Global Bridges”
PORTLAND, Ore.—In another impressive display of the global credit union movement’s cooperative strength, four credit unions from the northwest United States have teamed up to build bridges with counterparts in Asia.
August 03, 2021
Credit Union Industry Exceeds Goal of CUNA Mutual Group Challenge by Donating Nearly $1.3 Million to Worldwide Foundation for Credit Unions
MADISON, Wis.—Credit unions and other industry groups donated nearly $1.3 million to Worldwide Foundation for Credit Unions in just over three months to meet the CUNA Mutual Group Challenge and ensure $1 million in matching funds for World Council of Credit Unions.
July 22, 2021
WOCCU Celebrates 50th Anniversary to Close 2021 World Credit Union Conference
MADISON, Wis.—World Council of Credit Unions (WOCCU) made history as it was looking back on it Wednesday, closing out the first ever virtual World Credit Union Conference with a celebration of its 50th anniversary.
July 21, 2021
What is the Impact of Artificial Intelligence on Credit Unions?
MADISON, Wis.—Financial services are being forever and irrevocably disrupted due to artificial intelligence—and credit unions will never be the same because of it.