News Release Year

December 03, 2019

Basel Committee Reinforces Need for Proportional Credit Union Regulations

MADISON, Wis.—National-level financial regulators are being urged to tailor a set of key international standards when applying them to credit unions—a position long advocated for by World Council of Credit Unions (WOCCU) on behalf of its members.

November 20, 2019

WOCCU, CUNA Thank Lawmakers for USAID Letter on Procurement Reform

WASHINGTON—A bipartisan letter signed by members of the U.S. House of Representatives was delivered to U.S. Agency for International Development (USAID) Administrator Mark Green this week, urging the agency to complete its procurement reform process in a manner that ensures a fair and substantial proportion of its awards and contracts are awarded to small, U.S.-based not-for-profit organizations, such as credit unions. The letter was composed by Rep. Brad Sherman (D-California).

November 19, 2019

World Council & Credit Union National Association Join Forces in Los Angeles, USA

MADISON, Wis., and WASHINGTON  – World Council of Credit Unions and Credit Union National Association (CUNA) are combining efforts to bring together top business and credit union leaders from around the world. Credit union leaders representing over 60 countries will converge in Los Angeles for World Moving: A Joint Credit Union Conference, 19-22 July 2020. The conference provides an unparalleled opportunity to network, learn and discover new ways to bring value to members.

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November 12, 2019

World Council Applauds Tailored EU Credit Union Regulations

BRUSSELS—The European Network of Credit Unions (ENCU) met this week with some key Members of the European Parliament (MEPs) to discuss challenges facing credit unions in the European Union (EU)—and some key regulatory items coming up in the Parliament’s new legislative term.

November 04, 2019

WOCCU Board Members Make Historic Visit to Ghana

MADISON, Wis.—Two World Council of Credit Unions’ (WOCCU) Board Directors recently made history, becoming the first members of the WOCCU Board to ever visit Ghana—a West African nation home to nearly 600 credit unions.

October 24, 2019

Global Credit Union Movement Surpasses 274 Million

MADISON, Wis.—The international credit union movement added more than 14 million members in 2018 to reach a new high of more than 274 million in 118 countries, according to World Council of Credit Unions’ newly released 2018 Statistical Report.

October 22, 2019

Ukrainian Regulators Advocate for Exemption from EU Directives

MADISON, Wis.—World Council of Credit Unions’ Credit for Agriculture Producers (CAP) Project team joined a group of key partners for meetings with European Union (EU) officials to ensure Ukrainian credit unions are exempt from certain EU directives.

October 16, 2019

World Council, CUNA continue push for increased CDP funding

MADISON, Wis.—World Council of Credit Unions and Credit Union National Association (CUNA) Wednesday called on House and Senate appropriators to increase funding for the USAID's Cooperative Development Program (CDP) to $17 million, up from the previous year’s $12 million.

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October 10, 2019

State Employees’ Credit Union Gifts $125,000 to Project Storm Break

MADISON, Wis—State Employees’ Credit Union (SECU), based in Raleigh, North Carolina, made an overwhelming donation of $125,000 to Worldwide Foundation for Credit Unions to support Project Storm Break—exceeding expectations for the disaster relief fund helping credit unions in The Bahamas recover from of Hurricane Dorian.

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October 10, 2019

Celebrate International Credit Union Day® with WOCCU

MADISON, Wis.—World Council of Credit Unions (WOCCU) will spotlight International Credit Union Day 2019 on Thursday, October 17 with a truly global celebration of the 71st anniversary—featuring a daylong social media promotion of ICU Day activities and events spanning multiple continents.

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