News Release Year
September 27, 2022
World Council Applauds International Accounting Standards Board Proposal to Update IFRS for SMEs
MADISON, Wis.—The International Accounting Standards Board (IASB) of the IFRS Foundation this month issued proposals to update the IFRS for SMEs Accounting Standard—a step long-advocated for by World Council of Credit Unions (WOCCU) as a way to reduce regulatory burdens for credit unions when implementing IFRS 9, or CECL as it is known in the United States.
September 19, 2022
Economic Inclusion Project Launches Guide to Promote Employability of Migrants and Refugees in Ecuador
QUITO, Ecuador—With the goal of facilitating effective and inclusive employment solutions for migrants, refugees and local residents, the United States Agency for International Development (USAID), World Council of Credit Unions’ (WOCCU) Economic Inclusion Project (EIP), the Ecuadorian Ministry of Labor, CONQUITO and Program Sin Fronteras have joined efforts to develop “The Guide for the Hiring of Human Talent in Ecuador.”
September 15, 2022
SECU Pledges $300,000 to Worldwide Foundation for Credit Unions to Address Global Issues of Inclusion, Safety, Gender and Leadership
RALEIGH, N.C.—State Employees’ Credit Union (SECU) announces its continued commitment to Worldwide Foundation for Credit Unions (WFCU), the engagement and charitable arm of the World Council of Credit Unions, by committing $300,000 to the organization’s Global Bridges program. Aimed at engaging credit unions across the globe to learn, share and solve pressing global issues, Global Bridges will use the funds to specifically address gaps in inclusion, safety, gender and leadership in its member credit unions.
August 24, 2022
USAID, WOCCU and Visa Introduce 'Enko' Business Development Platform
QUITO, Ecuador—With the goal of boosting businesses owned by Venezuelan and Ecuadorian entrepreneurs participating in the Economic Inclusion Project (EIP), World Council of Credit Unions (WOCCU) and USAID partnered with Visa to create "Enko"—a free, virtual business training platform accessible from any mobile device.
July 27, 2022
Theme Selected for International Credit Union Day 2022
MADISON, Wis.—“Empower Your Financial Future with a Credit Union™” is the theme of this year’s International Credit Union (ICU) Day, to be celebrated Thursday, October 20, 2022.
July 21, 2022
Return to ‘In Person’ a Rousing Success for 2022 World Credit Union Conference
GLASGOW, Scotland—The 2022 World Credit Union Conference concluded Wednesday with a Scottish-themed closing party that put the finishing touches on a spectacular four-day event at the Scottish Events Campus.
July 20, 2022
WYCUP Recognizes Scholarship Recipients at World Credit Union Conference
GLASGOW, Scotland—Young credit union professionals from across the globe finally got the in-person recognition they deserved for WYCUP scholarships awarded in 2020 and 2021 during the final general session of the 2022 World Credit Union Conference.
July 19, 2022
World Council Board Names New Chair
GLASGOW, Scotland—World Council of Credit Unions (WOCCU) announced Diana Dykstra, CEO of the California and Nevada Credit Union Leagues (USA), as its new Board Chair on day three of the 2022 World Credit Union Conference.
July 19, 2022
WOCCU Awards Credit Unions for Digital Innovations at Annual General Meeting
GLASGOW, Scotland—World Council of Credit Unions (WOCCU) on Monday presented awards for digital growth and credit union service during its Annual General Meeting (AGM) at the 2022 World Credit Union Conference.
July 18, 2022
McCarter LaBorde Identifies Credit Union Strengths, Challenges in State of the Movement Address
GLASGOW, Scotland—World Council of Credit Unions’ (WOCCU) President and CEO Elissa McCarter LaBorde identified the strengths of the global credit union industry and issued some challenges to its leaders in her inaugural “State of the Movement” address during Monday morning’s general session at the 2022 World Credit Union Conference.