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
Estonia is newest WOCCU member
MADISON, Wis. (8/24/09)--The Estonian Union of Credit Cooperatives (EUCC), which represents credit unions in the former Soviet satellite country of Estonia, is World Council of Credit Unions' (WOCCU) newest member. At its annual meeting last month in Barcelona, Spain, WOCCU's board of directors unanimously approved EUCC’s designation as affiliate member, the second member organization in the relatively new WOCCU membership category. “We’re seeing a groundswell of credit union activity in Eastern Europe, with more countries finding that the cooperative model provides significant advantages to their citizens,” said Pete Crear, WOCCU president/CEO. EUCC, founded in 1999, represents most of Estonia's 15 credit unions, which account for 91% of the country’s credit union members and 73% of credit union assets. In April 2008, Estonia joined with the Virginia Credit Union League as part of WOCCU's International Partnerships Program. A delegation of Virginia league and credit union representatives visited Estonia last year to review the country’s credit union operations and challenges. The two groups will continue working together to address those challenges. WOCCU’s affiliate category is designed for smaller organizations representing fewer credit unions. Earlier this year, the WOCCU board approved affiliate membership status for the Azerbaijan Credit Union Association. “Creating a dues category that enables smaller organizations to join WOCCU helps foster greater growth of the global credit union movement,” Crear said. “Broader membership ranks mean more credit union members are being served in more countries worldwide. That's WOCCU's goal, and it is the goal of all our member organizations.”
Other Resources

RSS





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