10/29/2007

North Carolina signs partnership agreement with Caja Morelia-Valladolid

The Caja Morelia representatives stand out front a North Carolina credit union after a technical tour.


On October 29, 2007, twelve delegates from Caja Morelia Valladolid traveled to Greensboro, North Carolina to sign a partnership agreement with the North Carolina Credit Union League (NCCUL) through World Council of Credit Unions’ (WOCCU) International Partnerships Program. This will be the North Carolina’s second WOCCU partnership. Its first partnership is with the South American country of Suriname.

The agreement will allow a free exchange of information between the two entities. Both are looking for ways to better serve their members. The NCCUL is especially interested in tapping knowledge that would help them to secure the Hispanic market, focusing on issues like service delivery, branch design, and marketing.

During the trip, the delegates also visited three local credit unions in the Triad-area, including Premier Federal Credit Union, Truliant Federal Credit Union, and Allegacy Federal Credit Union. During these visits, the delegates were able to discuss topics such as information technology systems, branches, points of service, and accounting systems with credit union staff and executives.

Juan Juarez, CEO of Caja Morelia and one of the visitors, is most interested in learning about new technology. One issue that his credit union faces in Mexico is not being able to offer ATM service to Caja Morelia's members.

The new partners are also planning other credit union visits in other parts of the state for the future. Also in the works, the NCCUL is looking to do a return visit to Caja Morelia in Mexico.


Written by Josh Fetting, International Partnerships Program Specialist

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