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CU System
ICU Day broadcast to celebrate global CU heritage
MADISON, Wis. (10/9/09)--The continuing contributions of the worldwide credit union movement will be the topic of the annual International Credit Union Day (ICU Day) broadcast sponsored by the Credit Union Development Educators (CUDE) and the World Council of Credit Unions (WOCCU).
Pete Crear, World Council of Credit Unions president/CEO, will discuss credit unions’ global impact in the face of the ongoing economic crisis as part of an annual International Credit Union Day broadcast Thursday. (Photo provided by World Council of Credit Unions).
This year’s broadcast will originate from United Nations FCU, located in Long Island City, N.Y. Pete Crear, WOCCU president/CEO, will headline an hour-long Thursday discussion moderated by Paul Berry, a former Washington, D.C., television news anchor who hosts Home & Family Finance, a weekly radio program sponsored by the Credit Union National Association. Crear will discuss credit unions’ global impact in the ongoing economic crisis. While credit unions everywhere are affected by fallout from the economic crisis, credit union presence continues to expand globally, said Crear. Rather than contribute to ongoing economic problems, credit unions have diversified risk and provided consumers with safe alternatives when facing their own financial issues. WOCCU is increasing its efforts to reach consumers in urban and rural environments and in countries with significant economic and social challenges, including Afghanistan, Kenya and Sri Lanka, he added. “Worldwide, more than 54,000 credit unions in 97 countries serve more than 186 million members,” said Crear, citing data from WOCCU's 2008 Statistical Report released in June. “Our mission is to support financial independence and economic democracy through credit unions for people around the globe, and we're making great strides in achieving that goal.” The webcast will allow time at the end of Crear's interview for questions. International webcast listeners also will be able to e-mail questions to be answered on the air. The webcast begins at 2 p.m. EDT Thursday and runs until about 3 p.m. It is open to the public and may be accessed by registering at www.wescorp.org or www.woccu.org. The program will be recorded and available for viewing on WOCCU’s website.
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