News Release Year
November 27, 2024
European Network of Credit Unions (ENCU) Advocates for Proportional Regulatory Treatment in Brussels
MADISON, Wis.—Fourteen representatives of the European Network of Credit Unions (ENCU) last week converged on Brussels, Belgium to share the credit union mission with newly elected officials and advocate for regulatory relief from the European Commission’s Regulation on Financial Data Access (FiDA)— a new framework for access to customer data, and how that data is shared and used across a wide range of financial services.
November 25, 2024
President Zelenskyy Signs Amendments to Ukraine’s Law on Credit Unions
KYIV, Ukraine—Months of advocacy efforts by the United States Agency for International Development (USAID) and World Council of Credit Unions’ (WOCCU) Credit for Agriculture Producers (CAP) and GROW Projects in Ukraine, and WOCCU’s two Ukrainian member credit union associations, resulted in President Volodymyr Zelenskyy signing amendments to Ukraine’s Law on Credit Unions that eliminate the need for credit unions to obtain a separate license to provide payment services and allow united credit unions to raise funds in foreign currencies.
November 22, 2024
G20 Brazilian Presidency Supports WOCCU’s Position on Financial Inclusion
MADISON, Wis.—The G20 in its Brazil Leaders’ Declaration released this week recognized “the significant role of financial inclusion in improving financial wellbeing” and committed “to harness the potential of digital and emerging technologies to reduce inequalities”.
November 15, 2024
WOCCU Awarded $1.8M Grant to Launch Climate Finance Pilot in West African Credit Unions
MADISON, Wis.—The Global Environment Facility (GEF) on Friday announced World Council of Credit Unions (WOCCU) is one of 13 organizations designated to receive a 2024 Challenge Program for Adaptation Innovation award during an event held at COP 29, the United Nations’ Climate Change Conference, in Baku, Azerbaijan.
November 14, 2024
Registration is Open for the 2025 World Credit Union Conference
MADISON, Wis.—World Council of Credit Unions (WOCCU) is thrilled to announce the opening of registration for the highly anticipated 2025 World Credit Union Conference (WCUC), set for July 14-16, at the Stockholmsmässan in Stockholm, Sweden.
November 01, 2024
Advancing Women's Leadership: Global Virtual Summit Ignites Knowledge, Network and Action
MADISON, Wis.—Global Women’s Leadership Network (GWLN) on October 30 and 31 hosted a virtual Executive Readiness Summit focused on Knowledge, Network and Action to advance women’s leadership.
October 16, 2024
Global Credit Union Membership Surpasses 411 Million
MADISON, Wis.— World Council of Credit Unions’ (WOCCU) 2023 Statistical Report shows membership in the global credit union movement topped 411 million, while assets surpassed $3.7 trillion last year.
October 14, 2024
Kenyan President William Ruto Confirms Support for SACCO Movement in Meeting with Credit Union Leaders
MADISON, Wis.—President William Ruto of Kenya confirmed cooperatives are central to his government’s priorities and that he wants to see the savings and credit cooperative (SACCO) movement in Kenya succeed during an October 7 State House meeting with a large delegation of African and U.S. credit union leaders that included World Council of Credit Unions’ (WOCCU) President and CEO Elissa McCarter LaBorde and Worldwide Foundation for Credit Unions’ (WFCU) Board Chair Bill Cheney.
September 25, 2024
Venezuelan Youths Participating in Economic Inclusion Project Earn Nearly Four Times More than Peers
MADISON, Wis.—Young Venezuelan refugee and migrant adults are seeing greater financial benefits than any other age group participating in the USAID/WOCCU Economic Inclusion Project (EIP), according to results from EIP’s Study on the Integration of Venezuelan Migrants and Refugees in Peru and Ecuador.
September 12, 2024
Women’s Leadership Takes Center Stage at Asian Credit Union Forum 2024
MADISON, Wis.—Global Women’s Leadership Network (GWLN) Director Eleni Giakoumopoulos made her first ever presentation at an Asian credit union conference by leading sessions on empowering women to become leaders at September’s Asian Credit Union Forum 2024 in Bali, Indonesia.