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CU System
DE class graduates registration open for next class
MADISON, Wis. (5/7/08)--Twenty-one credit union executives and professionals graduated from Credit Union Development Education (CUDE) training in Madison, Wis., early last month.
Click to view larger image Twenty-one credit unions executives and professionals graduated from Credit Union Development Education training in Madison, Wis., last month. In the program, they learned about national and international credit union systems and cooperatives. The training was sponsored by the National Credit Union Foundation. (Photo provided by the National Credit Union Foundation)
Participants from throughout the U.S, Australia, Kenya, England and Scotland, learned about national and international credit union systems and cooperatives. The training, sponsored by the National Credit Union Foundation, focused on cooperative principles, social impact and credit union uniqueness as a competitive advantage in today’s marketplace. One facet of the development education (DE) training had the class divide into five work groups--each choosing a subject to research. Participants then presented their case studies that proposed credit union solutions to some modern challenges. The groups had to:
* Decide whether or not to convert a credit union into a mutual savings bank; * Develop a plan to serve the underserved in a low-income community; * Provide credit access to the people of Iraq; * Decide whether a small credit union should merge with a larger credit union; and * Determine how credit unions can rebuild the community after the fallout of the subprime lending crisis.
The overall training promoted credit unions’ social responsibility and possible areas of domestic and international development. For a list of the 2008 Spring DE Graduates, use the link. The second DE class will be held Aug. 14-20 at IslandWood, Wash. For information or to register, contact Program Director Tom Decker at 800-356-9655, ext 4274 or tdecker@ncuf.coop
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