Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
WOCCU 1st vice chair selected to Poland Parliament
SOPOT, Poland (10/14/11)--Grzegorz Bierecki, president/CEO of the National Association of Cooperative Savings & Credit Unions (NACSCU), Poland’s credit union trade association, and a member of World Council of Credit Unions (WOCCU), was elected to his country’s parliament during Sunday’s nationwide elections. Bierecki, who also serves as WOCCU first vice chair, was elected as a Law and Justice Party senator representing Biala Podlaska, a town in eastern Poland. It is Bierecki’s first election to public office. “As a senator, I can initiate as well as participate in the legislative process,” said Bierecki, who reportedly defeated his opponent by a 50% margin. “I can promote changes to the Cooperative Act and the Credit Union Act, as well as other important financial sector regulation.” Bierecki’s new role as senator is not considered a full-time obligation. The veteran executive will continue to serve in his capacities both with NACSCU and WOCCU. Bierecki was a former staff member in Lech Walesa’s Solidarity Party, which helped re-establish Poland’s credit union movement in partnership with WOCCU in 1989. The movement has since grown to one of the most successful in the world, said WOCCU. Poland’s 59 credit unions, operating under a unified marketing brand and from a central back-office platform, support 1,852 branches and serve 2.2 million members nationwide. Despite banking industry opposition, Poland’s credit unions have long enjoyed public and government support as the country’s only locally owned financial institutions. Last year’s death of Polish President Lech Kaczyñski, a long-time credit union advocate and former president of the Foundation for Polish Cooperative Savings and Credit Unions, eliminated one of the movement‘s chief government champions. Kaczyñski’s death hastened Bierecki’s run for election, according to the new senator. “Credit unions gained a strong voice in the senate on Sunday,” Bierecki said. Poland’s credit unions have always effectively represented their members’ interests, and Bierecki’s election takes political involvement to a new level, according to Brian Branch, WOCCU president/CEO. “Sunday’s election was a huge victory for credit unions both in Poland and worldwide,” said Branch, who last week led an engagement program of U.S. credit union league and association executives to NACSCU headquarters to study the Polish credit union system. “We are thrilled by the results of the election and happy that Poland’s credit unions once again have a powerful champion in the government who will be working on their behalf.” WOCCU will be holding its 2012 World Credit Union Conference July 15-18 in Gdañsk, Poland. For more information, use the link.
Other Resources


News Now LiveWire
Final field-of-membership rule tops April 30 NCUA agenda
1 day ago
.@CUNA's @Nussle speaks to @VonnieQuinn about #StoptheDataBreaches and reg. relief.
1 day ago
RT @NCUFoundation: .The Foundation's @hylandhighway with @NatlJumpStart President/CEO Laura Levine at #FLHillDay2015 today:…
1 day ago
Seriously underwater homes rise, new-home sales tumble News Now:
1 day ago
#NewsNow Cornerstone Foundation awards $71K in grants
47 minutes ago