World News

International Credit Union Day

Today (Thursday October 15) is International Credit Union day. This year’s theme, ‘Inspiring hope for a global community’, was chosen by the World Council of Credit Unions (WOCCU) in collaboration with US sector body Credit Union National Association (CUNA).  “This year’s theme for ICU Day is Inspiring hope for a global community,” said Michelle Kamke, marketing projects manager at CUNA. “What better way to show how credit unions from across the world provide hope through financial services, education and support than to highlight how credit unions have advanced the lives of members during the economic uncertainty wrought by Covid-19”. Take a look at this video celebrating how the credit unions around the country are adapting to the Covid-19 and continuing to provide world-class services to their members.

International Credit Union (ICU) Day celebrates the spirit of the global credit union movement. The day is recognised to reflect upon the credit union movement’s history, promote its achievements, recognize the hard work and share member experiences.

In this video, Brian Branch, President and CEO of WOCCU, added: “Throughout the COVID-19 crisis, credit unions around the globe have continued to provide a high level of service to their members and demonstrated a generosity to their local communities that has set them apart from other financial institutions. We are truly inspiring hope for a global community. I can’t think of a better theme around which to celebrate International Credit Union Day 2020.”

Robert Kelly, CEO of our trade organisation, the Association of British Credit Unions Limited (ABCUL), has thanked the credit unions in the country for their hard work in this message.

We also work in partnership with the Money Laundering team to help promote their “Stop Loan Sharks” initiative which is especially relevant during the hard times. See their web site by clicking here. You can use it to report illegal money lending and get these unscrupulous activities off our streets.

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