DULUTH, Ga. (6/29/15)--Georgia Credit Union Affiliates (GCUA) recently brought a group of 11 business leaders from the Dominican Foundation for Social and Cooperative Development (FUNDESCOOP) to three credit unions in the Atlanta area.
The purpose of the trip, which included representatives from the World Council of Credit Unions, was to inform the visitors how small, cooperative credit unions can remain sustainable in an age dominated by larger financial institutions.
FUNDESCOOP--which visited Platinum FCU, Duluth; 1st Choice CU, Atlanta; and United Methodist Connectional FCU, Marietta--is a nonprofit from the Dominican Republic that aims to strengthen business and social welfare through cooperative work and environmental protection (Savannah CEO June 22).
“The delegation sought a study tour in the Atlanta metro area to explore how credit unions, specifically smaller credit unions, can be sustainable and compete with larger financial institutions,” said Brandee Bickle, GCUA senior advocacy officer. “... These (credit unions) were selected specifically for their location in the Atlanta area and their unique backgrounds to provide a diverse learning experience for the delegation.”
The visit also helped GCUA fulfill its mission to support educational programs and economic development initiatives nationwide and internationally.
“Credit unions around the world are dedicated to improving the financial well-being of individuals and families,” Bickle said. “It is very common for credit unions to work together for the betterment of consumers, and engaging with the delegation is just a continuation of what makes a credit union unique. It is a willingness to share ideas, thoughts and information with each other to help people afford life.”