Minnesota CU Network, CENCOPAN & WOCCU Sign Partnership
The Minnesota Credit Union Network presented the Paraguayan visitors with a Minnesota flag. L-R: Dana Hofmann-Geye, MnCUN; Kevin Chandler, MnCUN; Modesto Segovia Boltes, Ramona Ríos Medina, and Pedro Loblein, CENCOPAN; Francisco Barceló García, Cooperativa Universitaria; and Brian Branch, WOCCU.
Madison, WI – Four representatives from the
Paraguayan credit union association, CENCOPAN met
with members of the World Council of Credit
Unions, Inc. (WOCCU) and the Minnesota Credit
Union Network (MCUN) this week to sign a formal
partnership agreement as part of WOCCU's
Partnership Program. MCUN and CENCOPAN were
paired in the fall of 2003 and this is the first
meeting of the two organizations.
"We at the World Council are proud
that credit union leaders from different cultures
in the world like Minnesota and Paraguay have
been able to find sufficient common ground to
come together and sign this partnership
said Arthur Arnold, President & CEO of
WOCCU. "But let's be honest – what really counts
is what's behind the signatures. It's really
about People Helping People to help themselves. I
wish this partnership every success," he
added. "You are witnessing the best of what
credit unions have to offer."
The three members of CENCOPAN signed the partnership agreement on Thursday. Seated, L-R: Modesto Segovia Boltes, Ramona Ríos Medina, and Pedro Loblein. Standing, L-R: MnCUN President & CEO Kevin Chandler and Arthur Arnold and Brian Branch of WOCCU
The group also held a planning session to
a cooperative work plan that defines specific
objectives for this effort. Three objectives were
identified, along with specific efforts to
accomplish those objectives.
1. To allow the Network Board of Directors
and Network Staff to become acquainted with the
Board and Staff of CENCOPAN.
· Arrange meetings in Minnesota and
Paraguay to allow each to gain knowledge of each
2. To assist the Paraguayans with
legislative and regulatory development.
· Introduce the Paraguayans to the U.S.
form of lobbying by bringing CENCOPAN
a Hike the Hill visit to Washington, D.C., in
3. To help CENCOPAN advance in
· Identify one or more "technology
Minnesota credit unions to research systems and
make recommendations to CENCOPAN.
"The work plan we developed illustrates our
strong commitment to this partnership and gets to
the heart of our core goals with this
initiative," said Kevin Chandler, Network
president & CEO.
The Paraguayans were presented a Minnesota
and Minnesota Timberwolves basketball jerseys.
The CENCOPAN representatives included:
· Ramona Ríos Medina, Board Chair, CENCOPAN;
· Modesto Segovia Boltes, Board Secretary,
· Pedro Loblein, Board Treasurer, CENCOPAN;
· Francisco Barceló García, President,
"We are happy that we are here. Since we
in Minnesota on Sunday, we have felt at home,"
said Ramona Ríos Medina, president of
CENCOPAN. "Even through we don't speak English,
we are all speaking the same language today, the
credit union language."
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, 60,500 credit unions in 109 countries serve 223 million people. Learn more about World Council's impact around the world at www.woccu.org.
Phone: (608) 395-2000