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Name Title World Council of Credit Unions Title Here Location/Venue Date Location/Venue Date.

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Presentation on theme: "Name Title World Council of Credit Unions Title Here Location/Venue Date Location/Venue Date."— Presentation transcript:

1 Name Title World Council of Credit Unions mail@woccu.org www.woccu.org Title Here Location/Venue Date Location/Venue Date

2 Credit Unions Worldwide 183 million members 49,000 credit unions 97 countries

3 The leading international trade association and development agency for credit unions worldwide. Promoting the sustainable development of credit unions to empower people around the world to grow through access to high-quality, affordable financial services. Improving people’s lives through credit unions

4 Who is WOCCU? Trade Association Development Agency Worldwide Foundation WOCCU Services Group

5 WOCCU’s Funding Sources Membership dues WOCCU Supporters Program Large international and national donors: USAID, USDA, Mexican government Bill & Melinda Gates Foundation

6 WOCCU Members Cooperative associations National associations Regional confederations Business/Service organizations

7 Promoting International Credit Union Principles Safety and Soundness Operating Governance Consumer Protection

8 Promoting good governance and supporting effective credit union legislation through Model Law for Credit Unions

9 Model Regulations for Credit Unions distributed worldwide in four languages

10 Raising awareness of the credit union difference and educating international organizations, governments and consumers

11 World Credit Union Conference International Regulators’ Roundtable Regional congress in the South Pacific International partnership exchanges Conferences and Training Programs

12 Connects U.S. credit union leagues or other mature systems with a developing movement Technology transfers Exchange of best practices Life-changing experiences 26 active partnerships in 2010 International Partnerships Program

13 Generate economic stability for beneficiaries abroad Introduce the unbanked and underserved to credit unions on both sides of the border International Remittances

14 An estimated US$325 billion in remittances will be sent to developing countries in 2010 1 of every 10 people around the globe is directly involved with remittances 66 U.S. credit unions are sending Credit unions in 8 countries are receiving IRNet ® has paid out more than US$3.4 billion in remittances since it launched in 2001 International Remittances

15 Rebuilding during and after conflict Providing access to the underserved Developing integrated business networks Supporting communities at risk Reconstructing after disaster Encouraging legislative reform and regulatory system development Partnering to address priority needs WOCCU’s Approach to Credit Union Development

16 Development Programs in 8 Countries

17 Afghanistan

18 Haiti

19 Kenya

20 Mexico

21 Sri Lanka

22 Credit unions in 97 countries reported in WOCCU’s annual Statistical Report 49,330 credit unions in the world 183 million members US$1.15 trillion in savings US$911 billion in loans US$119 billion in reserves More than US$1.3 trillion in assets Worldwide Statistics in 2009 Source: WOCCU’s 2009 Statistical Report

23 Africa: 14,404 CUs and 16 million members Asia: 21,233 CUs and 36 million members Caribbean: 556 CUs and 3 million members Europe: 2,418 CUs and 9 million members Latin America: 1,784 CUs and 15 million members North America: 8,653 CUs and 102 million members Oceania: 282 CUs and 4 million members CUs by World Region Source: WOCCU’s 2009 Statistical Report

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25 Name Title World Council of Credit Unions mail@woccu.org www.woccu.org Thank you


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