Coronavirus (COVID-19) Updates

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From Credit Unions, For Credit Unions

World Council created this page as a resource for the latest coronavirus (COVID-19) news, information and recommendations specifically relevant to credit unions across the globe. All of the content is provided by World Council, its members, or their affiliated credit unions and financial cooperatives. To share information from your organization on this page, please email us at communications@woccu.org.

Credit Unions in the Philippines Look to Build on COVID-19 Struggles

Credit unions in each country face their own unique struggles with the coronavirus (COVID-19) pandemic, but they are also overcoming those obstacles to help out their local communities—and financial cooperatives in the Philippines are a great example of that.

Despite a citywide lockdown in Manila and the closure of most businesses in some of the provinces, more than half of the nation’s credit unions remain open to serve their members—and more are reopening each week. With skeletal workforces inside, staffers wearing personal protective equipment greet members outside to give them cash withdrawals or provide other services.

Read more in World Council's latest article for CUInsight.