CUNA Chief Advocacy Officer Ryan Donovan spoke at a International Volunteer Day panel hosted by Volunteers for Economic Growth Alliance (VEGA) this week, sharing his experiences earlier this year on an advocacy journey to Ukraine.
VEGA is a consortium of non-governmental organizations that generates partnerships with volunteers and populations around the globe seeking opportunities for self-reliance. The World Council of Credit Unions is a member.
Donovan shared his experiences learning about challenges facing Ukrainian credit unions, and met with government officials there to help them understand more about U.S. credit unions and their regulatory, governance and tax structure.
“Ukraine credit unions have many of the same challenges as U.S. credit unions, including restrictions on how they may serve and relevancy to borrowers,” Donovan said. “Ukraine’s credit unions are eager to advocate on behalf of credit unions and their members.
“Diplomacy takes many forms, and this is critical economic diplomacy in Ukraine. Credit unions are proud to be a part of it,” Donovan added.
He also introduced Rep. Dan Donovan (R-N.Y.), a longtime supporter of VEGA and credit unions around the world who has supported several pieces of regulatory relief legislation this year.
“We are grateful for Rep. Donovan’s support of VEGA and the World Council, and on behalf of CUNA, the World Council and other volunteer-sending organizations and the millions of Americans they represent, VEGA commends and thanks Rep. Donovan for his leadership on programs and policies the leverage American generosity and private sector expertise for more effective global development,” he said.