News Release Year

WOCCU’s Work Continues Despite Impacts of U.S. Foreign Aid Freeze

February 11, 2025

WOCCU’s Work Continues Despite Impacts of U.S. Foreign Aid Freeze

MADISON, Wis.—Due to the U.S. Department of State’s 90-day stop-work order on all USAID-funded international development projects, World Council of Credit Unions (WOCCU) has had to make the difficult decision to reduce its Global Programs’ staffing levels.  

WOCCU Asks Secretary of State Rubio to Honor Existing USAID Funding Obligations

February 03, 2025

WOCCU Asks Secretary of State Rubio to Honor Existing USAID Funding Obligations

MADISON, Wis.—World Council of Credit Unions (WOCCU) President and CEO Elissa McCarter LaBorde on Monday sent a letter to U.S. Secretary of State Marco Rubio stressing the strategic importance of the USAID-funded financial inclusion projects WOCCU implements through credit unions in eight countries and asking he honor USAID's existing funding obligations.

WFCU Opens Application Portal for 2025 ICUDE Designation

February 03, 2025

WFCU Opens Application Portal for 2025 ICUDE Designation

MADISON, Wis.—Worldwide Foundation for Credit Unions (WFCU), in partnership with World Council of Credit Unions (WOCCU), is now accepting applications for the 2025 International Credit Union Development Educators (ICUDE) designation. CUDEs looking to expand their global impact are encouraged to apply by Friday, April 11, 2025. 

WOCCU Hires Paul Andrews to Lead International Advocacy Efforts

January 21, 2025

WOCCU Hires Paul Andrews to Lead International Advocacy Efforts

MADISON, Wis.—World Council of Credit Unions (WOCCU) is pleased to announce Paul Andrews as its new Vice President of International Advocacy—putting him in charge of advocating on behalf of the global credit union and financial cooperative movement at the international level.

GROW Advocacy Success: National Bank of Ukraine Aligns Credit Union Regulations with Global Best Practices

January 14, 2025

GROW Advocacy Success: National Bank of Ukraine Aligns Credit Union Regulations with Global Best Practices

KYIV, Ukraine—The National Bank of Ukraine (NBU) has approved amendments to align credit union regulations with the laws of Ukraine and global best practices.​ Adopted on December 27, 2024, under Resolution No. 177, these changes took effect on January 1, 2025. 

2025 Distinguished Service Award Nominations Open

January 13, 2025

2025 Distinguished Service Award Nominations Open

MADISON, Wis.—Nominations are open for World Council of Credit Unions’ (WOCCU) 2025 Distinguished Service Award (DSA). First presented in 1986, this prestigious award honors those who have provided outstanding service to credit union development outside their home country.

Ukrainian MSMEs Gain Access to Enhanced Credit Union Financing to Fuel Business Growth

January 10, 2025

Ukrainian MSMEs Gain Access to Enhanced Credit Union Financing to Fuel Business Growth

KYIV, Ukraine—The United States Agency for International Development (USAID) and World Council of Credit Unions’ (WOCCU) GROW Project in Ukraine (2024-28) on December 26 made $1.5 million available to Ukrainian credit unions to boost lending to micro-, small- and medium-sized businesses (MSMEs) as they continue to navigate the ongoing challenges of wartime conditions. 

2025 Digital Growth Award Nominations Open

January 09, 2025

2025 Digital Growth Award Nominations Open

MADISON, Wis.—Nominations are open for World Council of Credit Unions’ (WOCCU) 2025 Digital Growth Award, which will recognize one or more member credit union associations or individual member credit unions for successfully working toward our Challenge 2025 goal of expanding digital transformation across the globe.  

Applications Now Open for 2025 GWLN and WYCUP Scholarships

January 08, 2025

Applications Now Open for 2025 GWLN and WYCUP Scholarships

MADISON, Wis.—Worldwide Foundation for Credit Unions (WFCU) is proud to announce the opening of applications for the 2025 Global Women’s Leadership Network (GWLN) Scholarship and the 2025 World Young Credit Union Professionals (WYCUP) Scholarship.

Young Leaders Empower Future of Credit Unions at WYCUP Virtual Global Summit

December 13, 2024

Young Leaders Empower Future of Credit Unions at WYCUP Virtual Global Summit

MADISON, Wis.—The World Young Credit Union Professionals (WYCUP) network on Thursday hosted its 2024 Virtual Global Emerging Leaders Summit, drawing 160 registered participants from over 30 credit unions and organizations in 21 countries.

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