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News Now

CU System
Canadian Mexican CUs in partnership
CORDOBA, Mexico (11/2/10)--Four executives from Servus CU in Alberta, Canada, recently visited Caja Yanga, a credit union in Cordoba, Mexico, to share information and reaffirm their participation in the World Council of Credit Unions (WOCCU) International Partnerships program. The Canadian delegation learned about the Semilla Cooperativa or “cooperative seed” model used by Caja Yanga to provide rural
Click to view larger image Servus CU and Caja Yanga CU reaffirmed their international partnership in Mexico when a Spanish-language agreement was signed by (from left) Garth Warner, president/CEO of Servus CU, Alberta, Canada; Brian Branch, World Council of Credit Unions executive vice president and chief operating officer; Mario Humberto Valencia, chairman of Caja Yanga CU, Cordoba, Mexico; and Margarito Saavedra Morales, Caja Yanga general manager.
outreach in remote locations using technologies such as personal digital assistants (PDAs) and pocket-sized printers. The visitors viewed how these technologies can create a mobile branch by traveling to Potrero Nuevo, a rural mountainside community. The Canadian credit union may adopt similar remote technologies to serve members who lack mobility in Alberta, including the elderly and disabled. While in Mexico’s Veracruz state, the Canadian group provided training in governance, risk management and technology to Caja Yanga. Servus CU offered information technology consulting to follow up on the internship of two Caja Yanga staff in Edmonton earlier this year. A second internship in 2011 will send Caja Yanga staff to Edmonton to focus on money management and money laundering compliance.
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