Washington, DC – At a reception co-hosted by World Council of Credit Unions, Inc. (WOCCU) and the Credit Union National Association (CUNA), some 70 Congressional staff members and credit union industry insiders celebrated International Credit Union Day here this afternoon. Of note were National Credit Union Administration (NCUA) Chairman JoAnn Johnson and her colleagues-to-be, NCUA board nominees Rodney Hood and Gigi Hyland, who are awaiting Senate confirmation expected to occur next week.
Attendees were treated to a selection of international coffees and desserts as WOCCU CEO Pete Crear spoke about how credit unions in nearly 100 countries are serving their members despite significant obstacles, such as not having a law in place allowing credit unions to operate or difficulties in dangerous situations of conflict and political unrest. “I’m in the habit of saying ‘Happy Credit Union Day,’” said the 40-year veteran of the U.S. credit union movement. “But I’ve learned since being at World Council that it really is International Credit Union Day. People all over the world are celebrating the difference credit unions make in people’s lives.”
Crear also acknowledged the activities of a number of reception attendees here in Washington in conjunction with the first workshop for participants in WOCCU’s International Partnership Program, which matches 21 CUNA- affiliated state credit union leagues with credit union movements in developing countries.
“Thank you for all you have done and all you will continue to do to help credit unions grow and thrive,” said Crear. “And Happy International Credit Union Day.”
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Information provided by World Council of Credit Unions, Inc. World Council is the apex trade association and development organization of the international credit union system. It promotes the sustainable growth of credit unions and financial cooperatives across the globe. As instruments of economic and social development, World Council, its regional confederations, and national member organizations in 91 countries with 43,147 member credit unions serve more than 136 million people worldwide.
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