News Release Year
May 18, 2022
WOCCU Gender Investing Framework Toolkit (GIFT) Helps Women Entrepreneurs in Senegal Secure More Loans with Improved Terms
MADISON, Wis.—Four credit unions that piloted World Council of Credit Unions’ (WOCCU) Gender Investing Framework Toolkit (GIFT) in Senegal saw evidence of better performance in loans to female entrepreneurs.
May 17, 2022
MADISON, Wis.—The European Council presidency and European Parliament reached a provisional agreement on the Digital Operational Resilience Act (DORA) that allows for proportional treatment of credit unions under new regulatory requirements on the security of financial institution network and information systems, as well as critical third parties that provide ICT- (information communication technologies) related services to them, such as cloud platforms and data analytics services.
May 10, 2022
MADISON, Wis.—Worldwide Foundation for Credit Unions (WFCU) on May 10 welcomed six new members to the International Credit Union Development Educators’ (I-CUDEs) global family as the Class of 2022.
May 04, 2022
USAID and WOCCU Introduce Two Virtual Platforms for Economic and Financial Sustainability in Ecuador
QUITO, Ecuador—With the objective of enhancing and facilitating the sustainability of the economic inclusion processes that credit unions, NGOs, public sector entities, universities and other organizations carry out, the Economic Inclusion Project (EIP), a USAID-funded activity implemented by World Council of Credit Unions (WOCCU), has created two distinct virtual platforms for mobile devices that are designed to benefit Venezuelan migrants and low-income locals in Ecuador and Peru.
April 18, 2022
MADISON, Wis.—World Council of Credit Unions (WOCCU) President and CEO Elissa McCarter LaBorde is visiting Poland this week to meet with Ukrainian and Polish credit union leaders about the short- and long-term challenges they face due to Russia’s invasion of Ukraine.
April 14, 2022
LIMA, Peru—World Council of Credit Unions' (WOCCU) Economic Inclusion Project (EIP), a USAID-funded activity, and the National Federation of Credit Unions of Peru (FENACREP) recently launched a new initiative called “The Strengthening Route” to bolster financial inclusion efforts throughout the Peruvian cooperative sector.
April 12, 2022
Ukrainian Credit Unions Receive Second Tranche of $1 Million to Resume Agricultural Lending in Wartime
MADISON, Wis.—USAID and Worldwide Foundation for Credit Unions released the second and final disbursement from a $1 million liquidity fund to help partner credit unions affiliated with World Council of Credit Unions’ (WOCCU) Credit for Agriculture Producers (CAP) Project resume agricultural lending and support food security in wartime Ukraine.
March 30, 2022
Economic Inclusion Project Delivers Financial Education to More Than 5,000 During Global Money Week 2022
LIMA, Peru—Under the motto "Build your future, be smart with your money,” World Council of Credit Unions’ (WOCCU) Economic Inclusion Project (EIP) provided financial education to more than 5,000 people in Peru and Ecuador during several Global Money Week 2022 activities held March 21-26.
March 09, 2022
Initial Donations to Ukrainian Credit Union Displacement Fund to go Primarily Toward Humanitarian Aid
MADISON, Wis.—Worldwide Foundation for Credit Unions (WFCU) will utilize donations raised in the first several weeks of its Ukrainian Credit Union Displacement Fund campaign to address immediate humanitarian needs triggered by Russia’s continued targeting of civilians, which has caused a crisis for those still in Ukraine and for more than two million Ukrainian refugees who have fled the country.