MARLBOROUGH, Mass. (5/3/13)--Eight credit union executives from the Bahamas traveled to Massachusetts for a four-day educational exchange, April 21-April 25, as part of an ongoing partnership between the Massachusetts Credit Union League and the Bahamas Cooperative Credit Union League.
The trip was coordinated by the World Council of Credit Unions.
Eight credit union executives from the Bahamas traveled to Massachusetts for a four-day educational exchange, April 21-April 25 as part of an ongoing partnership between the Massachusetts Credit Union League and the Bahamas Cooperative Credit Union League. The World Council of Credit Unions coordinated the trip. (Photo provided by the Massachusetts Credit Union League)
The relationship between the leagues has proven to be mutually beneficial, according to Rob Kimmett, senior vice president, marketing for the Massachusetts league (Visions & Values May).
"Over the past eight years, we have had seven different educational exchange visits in Massachusetts and in the Bahamas," Kimmet said. "Each one has produced great insight for the credit unions of each country. We are able to help our Bahamian friends with information about product development, strategic best practices and new communications techniques. They help us understand the value of our cooperative roots and provide us with a fresh way to look at the business."
During their visit, the group took advantage of two major credit union events.
One was a CU 4 Reality Fair in Leominster. The fair was presented by six credit unions and attracted more than 700 middle school students from north central Massachusetts. Its financial education curriculum impressed the visitors and they left with materials to implement a fair in their country. Later that day, they traveled to Lowell to visit Jeanne D'Arc CU and learn about the program of financial education services it provides to the community.
The other event that the group participated in was the Great New England Credit Union Show on April 24 in Boxborough. The show attracted hundreds of credit union officials and suppliers who networked and participated in numerous education sessions.
Massachusetts league President Dan Egan welcomed the group April 21 and spoke about the services that the league provides to credit unions. He then provided an overview of best practices in legislative and regulatory advocacy.