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News Releases

February 26, 2004

Dollar Receives WOCCU CU Ambassador Award

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l-r: L.R. (Bobby) McVeigh, WOCCU board chairman; Dennis Dollar, NCUA chairman; and Arthur Arnold, WOCCU president and CEO pose for a photo at the International Reception.

Washington,DC--During the Annual International Credit Union Reception—hosted by the World Council of Credit Unions, Inc. (WOCCU) and CUNA World Leadership Development Committee –Dennis Dollar, chairman of the National Credit Union Administration was presented with the International Credit Union Ambassador Award.

World Council Board chairman, L.R. (Bobby) McVeigh presented the award to Dollar noting, "He is a true friend to the international credit union movement and will leave a shinning legacy— not only for United States federal credit unions— but also for the international credit union movement." Click to view complete remarks

The surprise presentation by World Council left the distinguished statesman with few words, graciously explaining that without the assistance of many others at the National Credit Union Administration his work with the international credit union movement would not have been possible.

World Council of Credit Unions is the global trade association and development agency for credit unions. World Council promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. World Council advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach.

World Council has implemented more than 290 technical assistance programs in 71 countries. Worldwide, 57,000 credit unions in 105 countries serve 217 million people. Learn more about World Council's impact around the world at


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