Super storm Haiyan, which devastated the city of Tacloban and the central Philippine islands, has spurred the current call for disaster relief organized through the Worldwide Foundation.
In the past three years, the foundation has delivered $1.5 million in aid to credit union organizations in areas hit by tropical storms and earthquakes, including Chile, Haiti, and El Salvador.
The Worldwide Foundation receives gifts and makes grants for the World Council of Credit Unions. Through the generosity of donors, the foundation is building a global community of credit unions and helping to improve the lives of millions worldwide.
Foundation funding supports World Council programs including credit union development activities, the Global Women’s Leadership Network, the International Partnerships Program, and the Busia orphanage project in rural Kenya.
The International Partnerships Program pairs credit union and league volunteers in the U.S. and Canada with developing movements around the world to exchange ideas, best practices, and technical expertise.
World Council’s partnership with the Busia Compassionate Centre brings both immediate and lasting change to Kenyan orphans—and their communities— through an integrated approach focusing on personal empowerment and financial inclusion.
CUNA’s compliance staff was recently asked about a garnishment order for a member’s that receives federal benefits. The credit union determined the member did not have enough and the member asked the order be paid in full using those funds.
Credit unions interested in participating in CUNA’s updated regulatory burden have until Thursday to register for an introductory webinar. The study will bring CUNA, leagues and credit unions updated data to bring to policymakers.