Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
WOCCU fund aims to boost volunteer giving
MADISON, Wis. (10/27/08)--The World Council of Credit Unions (WOCCU) is aiming to boost volunteer giving through a more aggressive WOCCU Directors’ Action Fund to solicit financial support from credit union volunteers so development programs stay alive.
Click to view larger image Click for larger view
The fund targets volunteers because they are in a position to understand the credit union philosophy and appreciate the impact credit unions make, WOCCU said. If credit unions contribute $40 for each volunteer, their participation could affect significant change for credit union members in developing countries. “Supporting WOCCU helps me feel like I am giving back to other credit union directors who don’t have the same training opportunities and resources available,” said Gayle Adkins-McDonald, director, Water and Power CU, Los Angeles. “Our small gift can make a real difference in a developing country.” Contributions to the fund are critical this year because economic challenges likely will reduce development assistance funding from other sources, said WOCCU President/CEO Pete Crear. “The backbone of the credit union movement has always been the dedication and commitment of its volunteer leadership,” he added. Research from the Center for Global Development indicates that countries in an economic downturn categorically reduce their foreign aid when weathering tough times, WOCCU said. For more information, use the links.
Other Resources

RSS print
News Now LiveWire
NCUA re-schedules start of tomorrow's closed meeting to 9 a.m. ET. Open meeting still at 10 a.m. ET.
12 hours ago
.@lisamurkowski @SenatorEnzi @SenJohnBarrasso are latest to weigh in on NCUA risk-based capital proposal. See #NewsNow tomorrow for more
12 hours ago
Now up on News Now: Fed stays course on taper, interest rates http://t.co/6DntsW58vA
15 hours ago
Positive performance indicators and the potential for rising interest rates in @TheNCUA 's latest economic update. http://t.co/yptPbIGvnU
17 hours ago
The @CFPB has launched a nationwide effort to provide financial education. http://t.co/sF3FXHpv3k
18 hours ago