Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
MnCUN hosts Paraguayan CU delegation
ST. PAUL, Minn. (4/23/08)--The Minnesota Credit Union Network (MnCUN) hosted three credit union professionals from Paraguay in a regulator exchange April 4-16.
The Minnesota Credit Union Network (MnCUN) honors Paraguayan guests at a banquet during MnCUN’s Annual Meeting and Convention. From left are: Juan Luis Ferriera, information technology consulting firm president; CENCOPAN Vice President Pedro Elias Loblein Saucedo; MnCUN Board Chairman Dick Nesvold; cooperative institute director Maria Mercedes Ortega Martinez; and MnCUN President/CEO Mark Cummins.
The exchange was a part of Minnesota’s partnership with Central de Cooperatives del Area National (CENCOPAN), a Paraguayan credit union association. MnCUN is partnered with CENCOPAN through the World Council of Credit Unions’ International Partnerships program. The three visitors were: Juan Luis Ferriera, an information technology consulting firm president; Pedro Elias Loblein Saucedo, CENCOPAN vice president; and cooperative institute director Maria Mercedes Ortega Martinez. The representatives visited SouthPoint FCU branches in Sleepy Eye and New Ulm where they learned about the credit union’s drive-through technology and daily functions. “Many of the main ideas behind the regulations in the U.S. and Paraguay are the same,” Saucedo said. “The difference is in the methodology and processes.” Saucedo’s goal was to learn about the regulatory process so he could apply it to Paraguayan regulations, he added.
Paraguayan guests on the Senate floor during a tour of the Minnesota Capitol are from left: (seated) CENCOPAN Vice President Pedro Elias Loblein Saucedo; (standing) World Council of Credit Unions representative Josh Fetting; Juan Luis Ferriera, information technology consulting firm president; MnCUN President/CEO Mark Cummins; Sen. David Senjem (R-Rochester); and cooperative institute director Maria Mercedes Ortega Martinez. (Photos provided by the Minnesota Credit Union Network)
The visitors also attended MnCUN’s Annual Meeting and Convention, where they were recognized at an awards banquet; the state Capitol, where they met Rep. Joe Atkins (D-Inver Grove Heights) and Minority Leader Sen. Dave Senjem (R-Rochester); and the Minnesota Department of Commerce. Other credit unions they toured include St. Paul FCU; Affinity Plus FCU, St. Paul; and Minnesota Item Processing Corp., a credit union service organization managed by MnCUN. MnCUN President/CEO Mark D. Cummins said, “The partnership allows both associations the opportunity to learn from each other’s strengths and help each other in the areas that need improvement. More than that, the relationships formed through this partnership enable us to strengthen the credit union movement.”
Other Resources

RSS print
News Now LiveWire
#FreeGasFriday courtesy of @tvfcu, TN #creditunions http://t.co/wDRFYJVlpz
3 hours ago
If you were unable to watch or attend @cuna 's @thehill Hill forum on Wed., you can now watch the archived version: http://t.co/FhUnp7HbU8
4 hours ago
Time is running out. If you haven't taken the #NewsNow readership survey, please click here now: http://t.co/4Gp6C2Wa4o
5 hours ago
African financial inclusion possible with mobile money: @IMFNews study http://t.co/0V5DTQToxY
5 hours ago
Louise Herring's birthday is Saturday. 105 years later, her legacy lives on through her kids http://t.co/oMqGADmo0d http://t.co/T3NmS9NqEY
6 hours ago