World Council of Credit Unions

World Council of Credit Unions
FormationJanuary 1, 1971; 53 years ago (1971-01-01)
TypeTrade Association, Development Agency, Cooperative Federation
HeadquartersMadison, Wisconsin, United States
President & CEO
Elissa McCarter LaBorde[1][2]
Websitewww.woccu.org

The World Council of Credit Unions (WOCCU) is an international trade association and development agency for credit unions headquartered in Madison, Wisconsin. WOCCU aims to improve lives through credit unions and other financial cooperatives through advocacy, development and education.[3] WOCCU's member associations account for over 86,450 credit unions in 118 countries with over 375 million members worldwide.[4]

History

WOCCU was incorporated on 10 November 1970 and officially commenced operations on 1 January 1971. WOCCU has worked with the United States Agency for International Development (USAID) and the Microfinance Investment Support Facility for Afghanistan (MISFA) to build Islamic investment and finance cooperatives in Afghanistan.[5] In 2006, WOCCU received a $6.7 million grant from the Gates Foundation to develop credit unions in Africa and Latin America.[6]

See also

References

  1. ^ "Team". World Council of Credit Unions.
  2. ^ "WOCCU names Elissa LaBorde president/CEO". news.cuna.org.
  3. ^ "Our Purpose". World Council of Credit Unions. World Council of Credit Unions. Retrieved 2022-01-04.
  4. ^ "Global Credit Union Network | World Council of Credit Unions". www.woccu.org. Retrieved 2022-01-04.
  5. ^ "Credit Union World | Volume 7, Issue 1". World Council of Credit Unions. World Council of Credit Unions. April 2005. Retrieved 4 January 2022.
  6. ^ "Gates Foundation Awards Microfinance Grant to World Council of Credit Unions". Wisbusiness. Nov 3, 2006. Archived from the original on March 3, 2016.