News Release Year

Empowering Communities: GWLN Grants Deliver Tangible Impact in Kenya and Mongolia

December 03, 2024

Empowering Communities: GWLN Grants Deliver Tangible Impact in Kenya and Mongolia

MADISON, Wis.—The Global Women’s Leadership Network (GWLN) is pleased to share the outcomes of its 2023 Empowerment Grant initiatives that supported over 760 individuals in Kenya and Mongolia, increased Kenyan farmers’ incomes by 20% and provided 112 Mongolian credit union leaders with training on sustainable finance, driving economic empowerment and sustainability in rural communities.

European Network of Credit Unions (ENCU) Advocates for Proportional Regulatory Treatment in Brussels

November 27, 2024

European Network of Credit Unions (ENCU) Advocates for Proportional Regulatory Treatment in Brussels

MADISON, Wis.—Fourteen representatives of the European Network of Credit Unions (ENCU) last week converged on Brussels, Belgium to share the credit union mission with newly elected officials and advocate for regulatory relief from the European Commission’s Regulation on Financial Data Access (FiDA)— a new framework for access to customer data, and how that data is shared and used across a wide range of financial services.  

President Zelenskyy Signs Amendments to Ukraine’s Law on Credit Unions

November 25, 2024

President Zelenskyy Signs Amendments to Ukraine’s Law on Credit Unions

KYIV, Ukraine—Months of advocacy efforts by the United States Agency for International Development (USAID) and World Council of Credit Unions’ (WOCCU) Credit for Agriculture Producers (CAP) and GROW Projects in Ukraine, and WOCCU’s two Ukrainian member credit union associations, resulted in President Volodymyr Zelenskyy signing amendments to Ukraine’s Law on Credit Unions that eliminate the need for credit unions to obtain a separate license to provide payment services and allow united credit unions to raise funds in foreign currencies.  

G20 Brazilian Presidency Supports WOCCU’s Position on Financial Inclusion

November 22, 2024

G20 Brazilian Presidency Supports WOCCU’s Position on Financial Inclusion

MADISON, Wis.—The G20 in its Brazil Leaders’ Declaration released this week recognized “the significant role of financial inclusion in improving financial wellbeing” and committed “to harness the potential of digital and emerging technologies to reduce inequalities”.  

WOCCU Awarded $1.8M Grant to Launch Climate Finance Pilot in West African Credit Unions

November 15, 2024

WOCCU Awarded $1.8M Grant to Launch Climate Finance Pilot in West African Credit Unions

MADISON, Wis.—The Global Environment Facility (GEF) on Friday announced World Council of Credit Unions (WOCCU) is one of 13 organizations designated to receive a 2024 Challenge Program for Adaptation Innovation award during an event held at COP 29, the United Nations’ Climate Change Conference, in Baku, Azerbaijan.

Registration is Open for the 2025 World Credit Union Conference

November 14, 2024

Registration is Open for the 2025 World Credit Union Conference

MADISON, Wis.—World Council of Credit Unions (WOCCU) is thrilled to announce the opening of registration for the highly anticipated 2025 World Credit Union Conference (WCUC), set for July 14-16, at the Stockholmsmässan in Stockholm, Sweden.

Advancing Women's Leadership: Global Virtual Summit Ignites Knowledge, Network and Action

November 01, 2024

Advancing Women's Leadership: Global Virtual Summit Ignites Knowledge, Network and Action

MADISON, Wis.—Global Women’s Leadership Network (GWLN) on October 30 and 31 hosted a virtual Executive Readiness Summit focused on Knowledge, Network and Action to advance women’s leadership.

Global Credit Union Membership Surpasses 411 Million

October 16, 2024

Global Credit Union Membership Surpasses 411 Million

MADISON, Wis.— World Council of Credit Unions’ (WOCCU) 2023 Statistical Report shows membership in the global credit union movement topped 411 million, while assets surpassed $3.7 trillion last year.

Kenyan President William Ruto Confirms Support for SACCO Movement in Meeting with Credit Union Leaders

October 14, 2024

Kenyan President William Ruto Confirms Support for SACCO Movement in Meeting with Credit Union Leaders

MADISON, Wis.—President William Ruto of Kenya confirmed cooperatives are central to his government’s priorities and that he wants to see the savings and credit cooperative (SACCO) movement in Kenya succeed during an October 7 State House meeting with a large delegation of African and U.S. credit union leaders that included World Council of Credit Unions’ (WOCCU) President and CEO Elissa McCarter LaBorde and Worldwide Foundation for Credit Unions’ (WFCU) Board Chair Bill Cheney.

Venezuelan Youths Participating in Economic Inclusion Project Earn Nearly Four Times More than Peers

September 25, 2024

Venezuelan Youths Participating in Economic Inclusion Project Earn Nearly Four Times More than Peers

MADISON, Wis.—Young Venezuelan refugee and migrant adults are seeing greater financial benefits than any other age group participating in the USAID/WOCCU Economic Inclusion Project (EIP), according to results from EIP’s Study on the Integration of Venezuelan Migrants and Refugees in Peru and Ecuador.

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