Worldwide Foundation for Credit Unions

Worldwide Foundation for Credit Unions
20 1 4 ANNUAL REPO RT
B UILDING A
G LO B A L CO M M U N I T Y
WORLDWIDE FOUNDATION FOR CREDIT UNIONS
2014 ANNUAL REPORT
Director’s Message
Belief that the right financial tools can move poor households out of poverty drives the
World Council’s work around the globe. In conjunction with World Council’s development
projects and support from the Worldwide Foundation for Credit Unions, millions of people
transitioned from everyday survival to long-term planning for their future.
Through our International Partnership Program and Global Women’s Leadership Network,
worldwide connections were made, lessons were shared across borders and cultures,
communities were empowered and new opportunities for collaboration were established.
Yet, there is much work to be done.
The World Bank estimates more than 2.5 billion households do not have access to a safe
place to save or take out loans. Women in particular are excluded from the formal financial
system.
Credit unions are uniquely positioned to tackle these global issues; and in return, increase
their membership, revenue, competitiveness and growth.
As the leading international trade association and development agency for financial
inclusion, we are committed to developing innovative tools, technology, and programs that
will strengthen the economic security of communities worldwide while also helping our
credit unions grow. In 2014, we set a global challenge to add 50 million new credit union
members by 2020.
You have the power to help achieve this goal and make a difference.
Contributions to the Worldwide Foundation helps advance World Council’s efforts; and in
the following pages, you will witness both the local and global impact you helped us make.
It is a privilege to work alongside our global credit union community and we are sincerely
grateful for the generous support!
Calyn Ostrowski
Worldwide Foundation Director
2014 H I G H L I G H T S
International
Partnership Program
 The International Partnership Program supported 20 credit union
partnerships and facilitated 15 educational exchanges between
emerging and developed credit union systems.
 A Financial Management Workshop was conducted in
Washington, DC. Over 120 participants from nine countries
attended. Programs focused on lobbying strategies, new card
technology, loan underwriting and collection practices.
 Delegates from Colombia traveled to Maryland and participated
in the Maryland & DC Credit Union Association’s annual general
meeting. Colombia is interested in establishing its own federation,
FECOLFIN, and learned how to execute educational sessions.
Representatives from the Maryland & DC Association paid a
reciprocal visit and traveled to Colombia where they assisted
FECOLFIN in lobbying the Colombian senate.
INTERNATIONAL PARTNERSHIPS
Bahamas / Massachusetts Credit Union League
Belize / Catalyst Corporate Federal
Credit Union
 In January, 12 credit union staff from the United States
participated in a two-week internship with SICREDI in Brazil.
Attendees witnessed firsthand how SICREDI credit unions
are integral community partners and learned about the
association’s operations. Similarly, a group of 12 young credit
union professionals representing SICREDI traveled to San
Antonio, Texas, to participate in the Cornerstone Leagues’ Annual
Leadership Conference and their own two-internship at local
credit unions.
Brazil / Cornerstone Credit Union League
 Nine executives, board members and key representatives from
the Costa Rican federation, FEDEAC, traveled to Florida and
studied the League of Southeastern Credit Union’s effective
lobbying and advocacy strategies.
Ghana / Jefferson Financial Credit Union
 Led by Virginian Credit Union League President, Rick Pillow, a
group of Virginian credit union leaders traveled to Estonia and
helped launch a software platform for clearing transactions –
the signature project between the Estonian Union of Credit
Cooperatives, World Council and Virginia credit unions.
 The Minnesota Credit Union Network (MnCUN) sent
representatives to Paraguay in recognition of Central de
Cooperatives del Area Nacional Ltda (CENCOPAN) 20th
anniversary. Mark Cummins, MnCUN CEO & President, addressed
attendees and discussed the importance of maintaining current
payment system technology.
Colombia / Maryland & DC Credit Union
Association
Costa Rica / League of Southeastern
Credit Unions
Dominican Republic / Wisconsin
Credit Union League
Ecuador OSCUS / BCU
Estonia / Virginia Credit Union League
Guatemala / California & Nevada
Credit Union League
Jamaica / Cornerstone Credit Union League
Mexico Federación Alianza / Mountain West Credit
Union Association
New Zealand / Central 1 of Canada
Peru / Vermont Credit Union League
Poland / Georgia Credit Union Affiliates
Puerto Rico / Credit Union Association of
New York
Romania / Ohio Credit Union League
Russia / Louisiana Credit Union League, including
Altai CU Association / Barksdale FCU
Trinidad & Tobago / Connecticut
Credit Union League
3
SISTER SOCIETIES
Sister Societies are local chapters
of the Global Women’s Leadership
Network that are established around
the world to further the Network’s
global mission by making a local
impact. The purpose is to convene
credit union women, discuss credit
union issues, exchange ideas,
network with neighboring credit
union leaders, and share lessons
learned with Network members
worldwide. In 2014, the Network
established two new Sister Societies
in Los Angeles and Colorado.
Currently, there are 16 chapters
worldwide and in six countries.
• Arizona
since May 2013
• Bay Area (San Francisco)
since April 2012
• Colorado
since 2014
• D.C. Metro Area
since August 2013
• Fiji
since 2012
• Florida
since October 2013
• Jamaica
since November 2012
• Los Angeles
since 2014
• Malawi
since 2012
• Michigan
since April 2012
• Nevada
since August 2012
• New York / New Jersey
since May 2012
• Ontario
since November 2013
• Servus Credit Union
(Alberta, Canada)
since 2012
• Trinidad and Tobago
since October 2013
4
Global Women’s
Leadership Network
 In 2014, 223 women joined the Global Women’s Network. Since the
Network began in 2009, 724 women from 53 countries have been
supported by this initiative.
 More than 130 women from 19 countries convened in Australia
during the World Credit Union Conference where they learned new
communication skills including presentation techniques and body
language behaviors.
 For the first time in Network history, Global Women scholarship
winners were asked to design a concept proposal that would
increase access to credit, loans, savings, and leadership
opportunities for women in their communities. In addition to
receiving funds, grant recipients receive technical support, expertise
and guidance from their Global Women Network peers worldwide.
 Scholarship winners Elenita San Roque, CEO of the Association of
Asian Confederation of Credit Unions (Thailand); and Kristi Lozano,
Financial Education Specialist at San Mateo Credit Union (USA), were
selected as Empowerment Grant recipients and will implement their
projects during 2014 – 2015.
 San Roque will work with Paglaum Multi-Purpose Cooperative in
the Philippines to establish a business development center that
will help advance women members’ entrepreneurial and leadership
skills, as well as access to markets and information for micro and
small enterprise developments. Lozano’s project aims to increase
the financial and leadership skills of female high school credit union
members, and assist in their preparation to enroll in a college
or university.
Credit Union
Development Activities
 In Ecuador, World Council brought digital financial services to remote areas of
the South American country. In 2014, 70,000+ credit union members received
debit cards for the first time allowing them convenient access to their accounts
in hundreds of service points. Furthermore, over 80,000 international remittances
were sent to Ecuador credit unions via World Council’s remittance platform. 84%
of the beneficiaries of these remittances are female.
 In Mexico, World Council piloted a mobile banking initiative that allows
participating credit union members to transfer money from their credit union
accounts to any person in Mexico that has a bank account. This ability to easily
transfer funds is opening the door to convenience and cost savings to over 3,500
users. Users are also able to check balances, pay loans and bills directly from their
mobile phone.
 With the U.S. Agency for International Development and FHI 360, World
Council increased availability of financial products and services among rural and
agriculture areas in Haiti. Through the project, 32 financial institutions are newly
engaged in value chain finance providing $28.5 million in agricultural loans to
more than 56,473 microenterprises. In total, the financial institutions increased
outreach by 238% to 1,357,226; including 531,417 clients served in rural areas.
 Following Typhoon Haiyan that struck the Philippines in November 2013, World
Council partnered with the Credit Union Foundation of Australia and the
Irish League of Credit Unions Foundation, securing over $260,000, to rebuild
nine credit unions and two cooperatives affiliated with Visayas Cooperative
Development Centre (VICTO). These financial cooperatives, located in the
provinces of Leyte and Tacloban City, used project funds to repair critically
damaged building structures, equipment and furniture; and recover savings and
credit functions to members.
 In the Philippines, the ownership of a building signifies financial security;
therefore, cooperatives reopening quickly and immediately working on repairs
contributed to greater trust and confidence—not just by the 280,000 members
affected—but also the wider community. With construction now complete,
remaining funds were transitioned into a disaster recovery fund that will allow
VICTO to benefit member livelihoods.
 To help credit unions tackle the global challenge of increasing young adult
membership and to master the technology needed to serve them, World Council
of Credit Unions launched the third phase of its Build the Brand initiative, which
includes a new program, weCU2, with fresh digital strategies that will help credit
unions better understand and engage with millennials—and vice versa.
 weCU2 (pronounced “we see you too”) is generously funded by Vancity Credit
Union (Canada) and includes a series of online podcasts with industry expert
interviews, videos, product case studies, Twitter chats, SlideShare presentations,
an interactive blog and direct millennial feedback from around the world. An inperson event will take place in July at the 2015 World Credit Union Conference.
 With funding from MetLife Foundation, World Council will execute a young adult
financial inclusion pilot through August 2015 to better understand the financial
service needs of Mexico’s unbanked population ages 18–35.
5
SILVER INDIVIDUALS
$5,000 - $9,999
Valerie Brown - William Mapother Memorial Bowling Green, KY, USA
Susan & Joe Finnagan - Burlington, VT, USA
Thank you, Supporters!
GRANITE INDIVIDUALS
6
$2,500 - $4,999
Nicole Bice - Madison, WI, USA
Jamie Murray-Branch & Brian Branch - Madison, WI, USA
Monica & Hank Hubbard - Grosse Pointe, MI, USA
BRONZE INDIVIDUALS
$1,000 - $2,499
Carla & Tom Altepeter - Spokane, WA, USA
Grzegorz Bierecki - Sopot, Poland
Drayton Carter - St. Thomas, Barbados
Anne Cochran - Harahan, LA, USA
Mary Martha & Ken Fortney - Centreville, VA, USA
Teresa Freeborn & Douglas Regelous - Redondo Beach, CA, USA
Melissa & Bruce Foulke - Worcester, PA, USA
Deborah & John Gilbert - Melbourne, Australia
Marsha & Ron Hance - Rutland, VT, USA
Christy & Roger Heacock - Rapid City, SD, USA
Carole & Barry Jolette - Pleasanton, CA, USA
Cathy & Pat Jury - West Des Moines, IA, USA
Lois Kitsch - Orlando, FL, USA
Harriet May - El Paso, TX, USA
Richard Miller - Bowling Green, KY, USA
Rebecca & Paul Nixon - Mountain View, CA, USA
Michelle & Steven Stapp - San Francisco, CA, USA
Joanne and Jeffrey Todd - Windham, CT, USA
Patsy & John Van Ouwerkerk - Vacaville, CA, USA
Pat & Randy Wesenberg - Marshfield, WI, USA
CRYSTAL INDIVIDUALS
$500 - $999
Helena & Gene Brody - Brooklyn, NY, USA
Kathy & Russell Chartier - Danbury, CT, USA
Eloisa Chavas - Fitchburg, WI, USA
Elizabeth Clay - Odesa, TX, USA
Andrew Downin - Santa Ana, CA, USA
Fred Marcussen - San Carlos, CA, USA
Linda & Dr. Bernard Micke - Madison, WI, USA
Susan Mitchell-Stankovic - Boulder City, NV, USA
Winona Nava - Santa Fe, NM, USA
Marion Smith - Briarwood, NY, USA
Brandi Stankovic - Henderson, NV, USA
Michael Stankovic - Boulder City, NV, USA
DIAMOND
$100,000+ Annually
CUNA Mutual Group - Madison, WI, USA
State Employees’ Credit Union - Raleigh, NC, USA
PLATINUM
$50,000 - $99,999
PSCU - St. Petersburg, FL, USA
Vancity Savings Credit Union - Vancouver, BC, Canada
SAPPHIRE
$25,000 - $49,999
Confederação Nacional das Cooperativas de Crédito do SICOOB Brasilia, Brazil
Mitchell, Stankovic & Associates - Boulder City, NV, USA
SchoolsFirst Federal Credit Union - Santa Ana, CA, USA
GOLD
$10,000 - $24,999
American Association of Credit Union Leagues - Washington, DC,
USA
Arizona State Credit Union - Phoenix, AZ, USA
BECU - Seattle, WA, USA
California & Nevada Credit Union Leagues - Ontario, California, USA
Carolinas Credit Union Foundation - Greensboro, NC, USA
CO-OP Financial Services - Rancho Cucamonga, CA, USA
Cooperativa de Ahorro y Crédito OSCUS Ltd. - Ambato, Ecuador
Cornerstone Credit Union League - Dallas, TX, USA
Credit Union Association of New York - Albany, NY, USA
CU*Answers - Grand Rapids, MI, USA
Louisiana Credit Union League - Harahan, VA, USA
Melrose Credit Union - Briarwood, NY, USA
Mountain West Credit Union Foundation - Denver, CO, USA
Numerica Credit Union - Spokane Valley, WA, USA
Ohio Credit Union League - Columbus, OH, USA
Patelco Credit Union - Pleasanton, CA, USA
Pennsylvania Credit Union Association - Harrisburg, PA, USA
Pennsylvania State Employees Credit Union - Harrisburg, PA, USA
San Francisco Federal Credit Union - San Francisco, CA, USA
Servus Credit Union - Edmonton, AB, Canada
Suncoast Schools Federal Credit Union - Tampa, FL, USA
Teachers Mutual Bank - Silverwater, Australia
The Members Group - Des Moines, IA, USA
United Nations Federal Credit Union - Long Island City, NY, USA
SILVER
$5,000 - $9,999
Aberdeen Proving Ground Federal Credit Union - Aberdeen, MD, USA
American Heritage Federal Credit Union - Philadelphia, PA, USA
Association of Vermont Credit Unions - Colchester, VT, USA
bank mecu Ltd. - Kew, Victoria, Australia
Barbados Public Workers’ Co-operative Credit Union - St. Michael,
Barbados
Barksdale Federal Credit Union - Bossier City, LA, USA
Belize Credit Union League Ltd. - Belize, Belize
Bridges Financial Services Pty Ltd - Sydney, Australia
California Credit Union - Glendale, CA, USA
Catalyst Corporate Federal Credit Union - Plano, TX, USA
Coast Central Credit Union - Eureka, CA, USA
Confederação Interestadual das Cooperativas Ligadas ao Sicredi - Porto
Alegre, Brazil
Credit Union 24 - Tallahassee, FL, USA
Credit Union Australia - Brisbane, QLD, Australia
Credit Union Central Alberta Ltd. - Alberta, AB, Canada
CU Direct - Ontario, CA, USA
Desert Schools Federal Credit Union - Phoenix, AZ, USA
Farmers Insurance Group Federal Credit Union - Los Angeles, CA, USA
Federación Nacional de Cooperativas de Ahorro y Crédito de Guatemala Ciudad de Guatemala, Guatemala
GECU - El Paso, TX, USA
Idaho Credit Union League & Affiliates - Boise, ID, USA
Innovations Federal Credit Union - Panama City, FL, USA
Jamaica Co-operative Credit Union League Ltd. - Kingston, Jamaica
Jamaica Teachers’ Association Cooperative Credit Union - Kingston,
Jamaica
Jefferson Financial Credit Union - Metairie, LA, USA
League of Southeastern Credit Unions - Tallahassee, FL, USA
Local Government Federal Credit Union - Raleigh, NC, USA
Matanuska Valley Federal Credit Union - Palmer, AK, USA
Michigan Credit Union League - Plymouth, MI, USA
Motorola Employees Credit Union - Schaumburg, IL, USA
Mountain America Federal Credit Union - West Jordan, UT, USA
Municipal Credit Union - New York, NY, USA
Municipal Employees Credit Union of Baltimore - Baltimore, MD, USA
Northwest Credit Union Foundation - Federal Way, WA, USA
New Zealand Credit Union Foundation - Rotorua, New Zealand
Pacific Service Credit Union - Walnut Creek, CA, USA
Redwood Credit Union - Santa Rosa, CA, USA
RTE Credit Union Ltd. - Dublin, Ireland
San Mateo Credit Union - Redwood, CA, USA
Ser Technology Corporation - Dallas, TX, USA
SGE Credit Union Ltd. - Sydney, NSW, Australia
State Employees Federal Credit Union - Albany, NY, USA
Summit Credit Union - Madison, WI, USA
Tennessee Credit Union League - Chattanooga, TN, USA
Vantage West Credit Union - Tucson, AZ, USA
Ventura County Credit Union - Ventura, CA, USA
Wisconsin Credit Union League - Pewaukee, WI, USA
GRANITE
$2,500 - $4,999
BCU - Vernon Hills, IL, USA
Barbados Co-operative & Credit Union League Ltd. - St. Michael, Barbados
BIU Credit Union Co-op. Society - Basseterre, Bermuda
CAHP Credit Union - Sacramento, CA, USA
Card Services for Credit Unions - Tampa, FL, USA
Caribbean Confederation of Credit Unions - Fortlands, St. Kitts & Navis
Co-op Money NZ - Auckland,New Zealand
Cornerstone Credit Union Foundation - Farmers Branch, TX, USA
Credit Union Executives Society - Fitchburg, WI, USA
Credit Union of New Jersey - Ewing, NJ, USA
Dundalk Credit Union - Dundalk County, Louth, Ireland
ENT Federal Credit Union - Colorado Springs, CO, USA
floridacentral Credit Union - Tampa, FL, USA
Frankenmuth Credit Union - Frankenmuth, MI, USA
Greater Vancouver Community Credit Union - Burnaby, BC, Canada
Heritage Family Federal Credit Union - Rutland, VT, USA
Ideal Credit Union - Woodbury, MN, USA
Iowa Credit Union League - Des Moines, IA, USA
Lake Trust Credit Union - Brighton, MI, USA
Maine Credit Union League - Portland, ME, USA
Maritime, Mining & Power Credit Union - Sydney, NSW, Australia
New Jersey Credit Union League - Hightstown, NJ, USA
Queensland Teachers Mutual Bank - Brisbane, Australia
SCE Federal Credit Union - El Monte, CA, USA
State Employees Federal Credit Union - Albany, NY, USA
State Farm Federal Credit Union - Bloomington, IL, USA
Strategic Information Technology Limited - Stouffville, ON, Canada
Thrivent Federal Credit Union - Appleton, WI, USA
Transaction Network Services, Inc. - Reston, VA, USA
Travis Credit Union - Vacaville, CA, USA
Universal 1 Credit Union - Dayton, OH, USA
University Federal Credit Union - Austin, TX, USA
US Federal Credit Union - Burnsville, MN, USA
Vermont Federal Credit Union - Burlington, VT, USA
Victoria Teachers Mutual Bank - Hawthorn East, VIC, Australia
Virginia Credit Union League - Lynchburg, VA, USA
Visions Federal Credit Union - Endicott, NY, USA
Whatcom Educational Credit Union - Bellingham, WA, USA
Xceed Financial Federal Credit Union - Redondo Beach, CA, USA
BRONZE
$1,000 - $2,499
1st Gateway Credit Union - Camanche, IA, USA
Affinity Federal Credit Union - Basking Ridge, NJ, USA
Agriculture Federal Credit Union - Alexandria, VA, USA
Alliant Credit Union - Chicago, IL, USA
Alloya Corporate Federal Credit Union - Albany, NY, USA
America First Federal Credit Union - Ogden, UT, USA
American Airlines Federal Credit Union - DFW Airport, TX, USA
Amplify Federal Credit Union - Austin, TX, USA
Anheuser-Busch Employees Credit Union - St. Louis, MO, USA
Atlantic Central - Halifax, NS, Canada
Atlantic Regional Federal Credit Union - Brunswick, ME, USA
Bay Ridge Federal Credit Union - Brooklyn, NY, USA
Beehive Federal Credit Union - Rexburg, ID, USA
Bellco Credit Union - Greenwood Village, CO, USA
Bethpage Federal Credit Union - Bethpage, NY, USA
Bishopstown Credit Union Ltd. - Bishopstown, Cork, Ireland
Black Hills Federal Credit Union - Rapid City, SD, USA
Border Federal Credit Union - Del Rio, TX, USA
Boulder Dam Credit Union - Boulder City, NV, USA
Burns-Fazzi, Brock & Associates - Charlotte, NC, USA
Cabrillo Credit Union - San Diego, CA, USA
Canning’s Employees’ Credit Union - Port of Spain, Trinadad & Tobago
Caribbean CUDE Program - Castries, St. Lucia
Central City Credit Union - Marshfield, WI, USA
Central de Cooperativas del Area Nacional Ltda. - Asuncion, Paraguay
CFCU Community Credit Union - Ithaca, NY, USA
Chinook Credit Union Ltd. - Brooks, AB, Canada
Christian Community Credit Union - San Dimas, CA, USA
City County Credit Union of Fort Lauderdale - Ft. Lauderdale, FL, USA
Clackamas Community Federal Credit Union - Oregon City, OR, USA
Coastal Federal Credit Union Foundation - Raleigh, NC, USA
CoastHills Federal Credit Union - Lompoc, CA, USA
Coca-Cola Company Family Federal Credit Union - Atlanta, GA, USA
Comhar Linn INTO Credit Union Ltd. - Dublin, Ireland
CommunityAmerica Credit Union - Kansas City, MO
Communicating Arts Credit Union - Detroit, MI, USA
Community Choice Credit Union - Farmington Hills, MI, USA
Community Credit Union of Florida - Rockledge, FL, USA
Community South Credit Union - Chipley, FL, USA
Congressional Federal Credit Union - Chipley, FL, USA
Consolidated Credit Union Ltd.- Borden-Carleton, PE, Canada
Cooperativa Abraham Rosa - Toa Baja, Puerto Rico
Co-op Services Credit Union - Livonia, MI, USA
Cornerstone Advisors - Scottsdale , AZ, USA
Cornerstone Credit Union League - Oklahoma City, OK, USA
Corporate America Credit Union - Irondale, AL, USA
Credit Union Baywide - Hastings, New Zealand
Credit Union League of Connecticut - Meriden, CT, USA
CU Business Partners LLC - Northridge, CA, USA
Defense Credit Union Council - Washington, DC, USA
Dubco Credit Union - Dublin, Ireland
Dupaco Community Credit Union - Dubuque, IA, USA
Dynamic Federal Credit Union - Celina, OH, USA
Eagle River Credit Union - L’Anse au Loup NF, Canada
Elevations Credit Union - Boulder, CO, USA
Fairfax County Federal Credit Union - Fairfax, VA, USA
Fairwinds Credit Union - Orlando, FL, USA
Federación de Cooperativas de Ahorro y Credito de Costa Rica R.L. - San
Jose, Costa Rica
Federación Nacional de Cooperativas de Ahorro y Crédito del Perú - Lima,
Peru
Fintech Kenya Ltd. - Nairobi, Kenya
First Class American Credit Union - Fort Worth, TX, USA
First Community Credit Union - Chesterfield, MO, USA
First Credit Union - Hamilton, New Zealand
First Entertainment Credit Union - Hollywood, CA, USA
First Source Federal Credit Union - New Hartford, NY, USA
First Florida Credit Union - Jacksonville, FL, USA
Fox Community Credit Union - Chesterfield, MO, USA
Gesa Credit Union - Richland, WA, USA
Glasgow Credit Union - Glasgow, Scotland
Harbour IT - Sydney, Australia
Heritage Credit Union - Madison, WI, USA
Hiway Federal Credit Union - St. Paul, MN, USA
IBM Southeast Employees’ Federal Credit Union - Boca Raton, FL, USA
Illinois Credit Union League - Naperville, IL, USA
Inova Federal Credit Union - Elkhart, IN, USA
Keesler Federal Credit Union - Biloxi, MS, USA
Kenya Bankers SACCO Society Ltd. - Nairobi, Kenya
Kenya Police Sacco Society Limited - Nairobi, Kenya
LA Financial Federal Credit Union - Pasadena, CA, USA
Library of Congress Federal Credit Union - Hyattsville, MD, USA
Libro Credit Union - London, ON, Canada
Malawi Union of Savings and Credit Co-operatives, Ltd. - Lilongwe,
Malawi
Maps Credit Union - Salem, OR, USA
Maryland & DC Credit Union Association - Columbia, MD, USA
MECU Foundation - Baltimore, MD, USA
Metro Credit Union - Chelsea, MA, USA
Michigan State University Federal Credit Union - East Lansing, MI, USA
Mid American Credit Union - Wichita, KS, USA
Minnesota Credit Union Network - St. Paul, MN, USA
Mission Federal Credit Union - San Diego, CA, USA
Mississippi Credit Union Association - Jackson, MS, USA
Montana Credit Union Network - Helena, MT, USA
Mullingar Credit Union Ltd. - Mullingar, Westmeath, Ireland
Mwalimu Co-operative Savings & Credit Society Ltd.- Nairobi, Kenya
National Association of State Credit Union Supervisors - Arlington,
VA, USA
No1 CopperPot Credit Union - Stockport, Germany
NorthCountry Federal Credit Union - S. Burlington, VA, USA
OAS Staff Federal Credit Union - Washington, DC, USA
Peach State Federal Credit Union - Lawrenceville, GA, USA
People’s Trust Federal Credit Union - Houston, TX, USA
Polish & Slavic Federal Credit Union - Brooklyn, NY, USA
ProCon Group - Madison, WI, USA
Provident Credit Union - Redwood City, CA, USA
Redstone Federal Credit Union - Huntsville, AL, USA
Royal Credit Union - Eau Claire, WI, USA
Rush Credit Union - Dublin, Ireland
SAC Federal Credit Union - Bellevue, NE, USA
Scotwest Credit Union - Glasgow, Scotland
SC Telco Federal Credit Union - Greenville, SC, USA
Seattle Metropolitan Credit Union - Seattle, WA, USA
Service One Credit Union - Bowling Green, KY, USA
Shreveport Police Federal Credit Union - Shreveport, LA, USA
St. Anthony’s and Claddagh Credit Union Ltd. - Galway, Ireland
St Clare Ecumenical Catholic Community - Veradale, WA, USA
Stima SACCO - Nairobi, Kenya
TCC Ltd. - Singapore, Singapore
The Bahamas Co-operative League Ltd. - Nassau, Bahamas
The Tennessee Credit Union - Nashville, TN, USA
Triangle Credit Union - Nashua, NH, USA
Tricorp Federal Credit Union - Portland, ME, USA
Trinidad & Tobago Police Credit Union Co-operative Society Limited Barataria, Trinidad & Tobago
Truity Credit Union - Bartlesville, OK, USA
Truliant Federal Credit Union - Winston-Salem, NC, USA
TruMark Financial Credit Union - Trevose, PA, USA
TruWest Credit Union - Scottsdale, AZ, USA
Turner, Warren, Hwang & Conrad AC - Burbank, CA, USA
Ukrainian Federal Credit Union - Rochester, NY, USA
USF Federal Credit Union - Tampa, FL, USA
UT Federal Credit Union - Knoxville, TN, USA
UWI Credit Union - St. Augustine, Trinidad & Tobago
Vantage Credit Union - Bridgeton, MO, USA
Veridian Credit Union - Waterloo, IA, USA
Verity Credit Union - Seattle, WA, USA
Vision Financial Federal Credit Union - Durham, NC, USA
Westerra Credit Union - Denver, CO, USA
Windsor Family Credit Union - Windsor, ON, Canada
Zambia Air Force Credit Union & Savings Association - Lusaka, Zambia
International Development Fund (IDF) Investors
Heritage Family Federal Credit Union - Rutland, VT, USA
Members Credit Union - Stamford, CT, USA
Peach State Federal Credit Union - Lawrenceville, GA, USA
Providence Federal Credit Union - Portland, OR, USA
San Francisco Fire Credit Union - San Francisco, CA, USA
TruWest Credit Union - Scottsdale, AZ, USA
List current as of January 2015.
Please contact us with any updates or corrections.
Please join us!
Help World Council empower people to grow through credit
unions by becoming a Supporter at one of these levels:
DIAMOND
$100,000+
PLATINUM
$50,000 - $99,999
SAPPHIRE
$25,000 - $49,999
GOLD
$10,000 - $24,999
SILVER
$5,000 - $9,999
GRANITE
$2,500 - $4,999
BRONZE
$1,000 - $2,499
CRYSTAL
FRIEND
The Worldwide
Foundation for
Credit Unions
thanks those who
have generously
contributed to
build a global
community of
credit unions.
Your support
expands financial
access worldwide
and improves the
lives of millions.
$500 - $999
Less than $500
Amounts listed in U.S. dollars. Gifts are fully U.S. tax-deductible.
Note: Individuals recognized at the crystal level and
above; organizations at bronze and above.
7
2014
BOARD MEMBERS
Brian Branch, President and CEO, World Council of
Credit Unions
Grzegorz Bierecki, Chair
National Association of Cooperative Savings and
Credit Unions (Poland)
Anne Cochran, 1st Vice Chair
Credit Union National Association (USA)
Daniel Burns, 2nd Vice Chair
Credit Union Central of Canada (Canada)
FINANCIALS
Total Income
$2,037,648
Program Expenses
Disaster Relief
Technical Assistance
Partnership Program
Education Programs
Total Program Expenses
Fundraising Expenses
Management Expenses
Total Expenses
$263,520
$336,426
$315,737
$710,223
$1,625,906
$102,798
$281,721
$2,010,425
Net Income Loss
Net Assets 01/01
Ending Net Assets
($27,223)
$504,756
$531,979
Patrick Jury, Treasurer
Credit Union National Association (USA)
Manfred Alfonso Dasenbrock, Secretary
Confederação Interestadual das Cooperativas
Ligadas ao SICREDI (Brazil)
Mark Degotardi, Director
Customer Owned Banking Association (Australia)
Bruce Foulke, Director
Credit Union National Association (USA)
Sylvester Kadzola, Director
Malawi Union of Savings and Credit Cooperatives
(MUSCCO)
Brian McCrory, Director
Irish League of Credit Unions (ILCU)
Dr. Chul-Sang Moon, Director
National Credit Union Federation of Korea (NACUFOK)
Oswaldo Oliva, Director
National Association of Credit Unions of Guatemala
(FENACOAC)
Yvonne Ridguard Harris, Director
Caribbean Confederation of Credit Unions (CCCU)
Steven Stapp, Director
Credit Union National Association (USA)
Doug Stoddart, Director
Credit Union Central of Canada (CUCC)
The Worldwide Foundation for Credit Unions meets the extensive standards
by the Better Business Bureau’s Wise Giving Alliance, one of America’s Most
Experienced Charity Evaluators.
Madison Office
5710 Mineral Point Road
Madison, WI 53705-4493 USA
Telephone: +1-608-395-2000
Fax: +1-608-395-2001
DC Office
601 Pennsylvania Ave, NW,
South Building, Suite 600
Washington, DC 20004-2601 USA
Telephone: +1-202-638-0205
Fax: +1-202-638-3410
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