News Release Year
January 25, 2023
Worldwide Foundation for Credit Unions (WFCU) in December 2022 disbursed three new grants worth a total of $355,000 from its Ukrainian Credit Union Displacement Fund to help credit unions in Ukraine cover the cost of operating expenses, purchase alternative sources of power and recover the unpaid interest on loans as part of its continuing effort to provide relief amid Russia’s ongoing full-scale invasion of Ukraine.
January 18, 2023
MADISON, Wis.—The ability of credit unions to weather financial shocks draws consumers to them during times of crises—something regulators must recognize and allow for to help the world recover from the current climate of economic uncertainty.
January 17, 2023
MADISON, Wis.—Nominations are open for World Council of Credit Unions’ 2023 Distinguished Service Award (DSA). First presented in 1986, this esteemed award honors individuals and institutions that have provided outstanding service to credit union development outside their home country.
January 10, 2023
MADISON, Wis.—Nominations are open for World Council of Credit Unions’ (WOCCU) 2023 Digital Growth Award, which will recognize one or more member credit union associations or member credit unions for successfully working toward our Challenge 2025 goal of expanding digital transformation across the globe.
December 19, 2022
MADISON, Wis—During the season of giving to end 2022, Bill Cheney, CEO of SchoolsFirst Federal Credit Union, and Dwayne Naylor, CEO of Local Government Federal Credit Union, are challenging their peers in the United States to support the growth of credit unions worldwide through the work of Worldwide Foundation for Credit Unions' (WFCU) Bridge the Gap campaign.
December 08, 2022
MADISON, Wis.—World Council of Credit Unions’ (WOCCU) Technology and Innovation for Financial Inclusion (TIFI) Project last week welcomed WOCCU President and CEO Elissa McCarter LaBorde to Dakar, Senegal for a series of workshops on growing SME lending, digitalization and gender lens investing in West African credit unions.
November 30, 2022
MADISON, Wis.—World Council of Credit Unions has secured four world-renowned speakers for the 2023 World Credit Union Conference—the premier global event for credit unions—to be held 23–26 July, in Vancouver, Canada. Credit union executives from 60 countries are expected to attend the conference, which will focus on sustainability, digital technologies and the future of financial services.
November 29, 2022
MADISON, Wis.—The G20 in November adopted the G20 Bali Leaders’ Declaration, wherein it reaffirmed support for World Council of Credit Unions’ (WOCCU) advocated focus on financial inclusion.
November 22, 2022
LIMA, Peru—USAID, World Council of Credit Unions (WOCCU) and VISA last week launched the "Enko" mobile business development platform in Peru to continue promoting the businesses of Venezuelans and Peruvians participating in the WOCCU Economic Inclusion Project’s (EIP) entrepreneurship development programs.
November 16, 2022
Credit Unions Urge Policymakers to Support Limits on Regulatory Burdens in Effort to Speed Economic Recovery
BRUSSELS—Representatives from the European Network of Credit Unions (ENCU) and World Council of Credit Unions (WOCCU) are seeking support this week from the European Parliament, the European Commission and the Council of the European Union (EU) on limiting regulatory burdens on credit unions to help promote access to financial services for everyday Europeans.