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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.

Global Credit Union Community Offered Many Feel-Good Moments During 2020

At the end of a year that saw credit unions, their members and their communities face unprecedented challenges, we wanted to recognize some of the great work our global community of financial cooperatives did to provide COVID-19 relief during 2020—and inspiring hope for the global community in the process.

We featured a number of the good deeds done by our members and their credit unions on International Credit Union Day 2020

Many relief measures came in the form of additional or specialized services for credit union and other financial cooperative members. Here is just a sample.

Other efforts were charitable in nature, helping to get needed supplies to frontline workers and vulnerable community members.

World Council also tried to do our part by offering critical guidance to members through publications like our COVID-19 Regulatory Guide for Credit Unions, and webinars that examined the impacts of the pandemic and helped credit unions conduct annual general meetings online. Our Worldwide Foundation for Credit Unions also did its part, delivering 40,000 facemasks donated by the National Credit Union Federation of Korea to credit unions in more than 30 countries.

Indeed, credit unions worldwide lived the ICU Day 2020 theme of "Inspiring Hope for a Global Community" throughout the year—and will continue to going forward into 2021.