Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

CU System
Cameroon co-op league visits MnCUN
ST. PAUL, Minn. (5/26/11)--The Minnesota Credit Union Network (MnCUN) provided insight into the operations of a U.S. credit union league to a visitor from Cameroon this week.
Click to view larger image During a visit to the Minnesota Credit Union Network, Cameroon Cooperative Credit Union League Representative Prasedes Banseka (right) provided gave an overview of the country’s credit union system.
Cameroon Cooperative Credit Union League Representative Prasedes Banseka’s visit was part of a 30-day credit union internship in Minnesota, during which she is learning about the credit unions’ approach to internal control and member services. Banseka is in the U.S. on a fully funded 10-month scholarship with the U.S. Department of State’s Hubert H. Humphrey Fellowship Program. The program selects young professionals from foreign countries with potential to be future leaders and brings them to the U.S. to learn about American institutions, people and culture. During her time in the U.S., Banseka has studied at Michigan State University and completed a short internship at a credit union in Michigan. The final part of her training is a 30-day internship at US FCU, Burnsville, Minn.
Click to view larger image Minnesota Credit Union Network (MnCUN) Director of Education Sue Groskreutz (left) tells Cameroon Cooperative Credit Union League Representative Prasedes Banseka about educational opportunities offered by MnCUN. (Photos provided by Minnesota Credit Union Network)
At MnCUN, Banseka learned about the resources the league provides to the state’s credit unions. Banseka took part in one-on-one meetings with network staff, who provided overviews of each department’s basic functions and offered ways Banseka could implement new ideas in Cameroon. Banseka shared photos and stories in an overview of her country’s credit union system. Cameroon has about 200 credit unions that serve 336,000 members. The Cameroon league has a unique structure and approach to service, meeting regularly with each credit union to oversee the management of the organization, training staff and volunteers and coordinating board elections. The league also acts as a regulator, auditing credit unions, offering insurance, and assisting credit unions with their financials. “The network’s meeting with Prasedes opened our eyes to the true diversity of the international credit union movement,” said Kristina Wright, MnCUN vice president of association services. “While the products and services offered by our countries may differ, we discovered that the fundamental credit union philosophy of people helping people remains strong.”


RSS





print
News Now LiveWire
CUNA: CUNA offices closed through Friday, News Now returns Monday http://t.co/a5xbLzQKDj
12 24 ago
Reminder: @CUNA's Madison, D.C. offices will be closed through Friday, open again on Monday. #NewsNow will publish Monday.
12 23 ago
MI dentist to match @CUDirect's $20K to @HurleyMedical as a result of #20for20 online voting http://t.co/hqmIc9LpK1 @CMNHospitals
12 23 ago
New #creditunion chartered in St. Louis - #LutheranFCU - by @TheNCUA http://t.co/faPfANGS0P. Only 3rd new FCU charter this year.
12 23 ago
Don't get hacked during the holidays-use these tips from @CUNA http://t.co/jEqxni6NhO #StoptheDataBreaches http://t.co/woIxPOIyys
12 23 ago