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CU System
Florida league signs partnership with Brazil league
PORTO ALEGRE, Brazil (4/15/08)--The Florida Credit Union League and Confederacao Interesadual das Cooperativas Ligadas ao SICREDI (SICREDI), a trade association for 130 Brazilian credit unions, signed a partnership agreement last week to improve services to member credit unions in both countries.
Click to view larger image The Florida Credit Union League (FCUL) and Confederacao Interesadual das Cooperativas Ligadas ao SICREDI (SICREDI) gathered in Brazil to sign a partnership agreement. From left are: Front row, William DeMare, Bay Gulf CU president/CEO; Orlando Borges Müller, SICREDI Central RS manager; John Hirabayashi, Community First CU president/CEO and FCUL chairman; Alcenor Pagnussatt, SICREDI president; Victor Corro, World Council of Credit Unions (WOCCU) International Partnerships manager; and Ademar Schardong, SICREDI Cooperative Bank president; Back row, Luiz Carlos Wanderer, SICREDI regional manager; David Brock, Community Educators CU president/CEO; Robert Beskovoyne, Martin FCU president; Cassandra Grayson, FCUL senior vice president, administration; Joshua Fetting, WOCCU program specialist; and Enio Meinen, SICREDI vice president and director. (Photo provided by the World Council of Credit Unions)
The World Council of Credit Union (WOCCU) now has 27 international partnerships between the U.S. or Canada and developing countries. The Florida-Brazil partnership will focus on international shared branching, reducing the cost of remittances between the U.S. and Brazilm, and staff exchanges between the two regarding technology, marketing, and efficient management of investment and liquidity at central financial facilities. Florida credit unions also would provide services to Brazilian travelers through shared branching. “It will be interesting to see the interaction of two peers in advancing their respective credit unions to deliver enhanced products and services to their members,” said Victor Miguel Corro, WOCCU International Partnerships Program manager. “We are very happy to now have a direct link with the U.S. through the Florida Credit Union League,” added Alcenor Pagnussatt, SICREDI CEO and a WOCCU director. Five Florida credit union and league representatives traveled to Porto Alegre, Brazil, to meet with SICREDI executives last week to sign the agreement. During the visit, Florida representatives heard presentations on the Brazilian organization’s infrastructure and how it serves members. SICREDI’s business model differs from the U.S. league structure because the association owns a cooperative bank that provides back-office support and services to its 130 member credit unions. SICREDI credit unions also share the same branding, look and feel in each of their service centers.
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