Above: Members of the CU study trip to Cuba in October included (from left) Michael Ostrowski, Arrha CU; Dan Mica, The DMA Group; Patrick La Pine, League of Southeastern CUs & Affiliates; Brian Branch, World Council; John Neusaenger, Orlando FCU; Victor Corro, World Council; Tracie Kenyon, Montana CU Network; Eddie Black, Trio Community FCU; Diana Dykstra, California and Nevada CU Leagues; CUNA's Jim Nussle; and Paul Mica, The DMA Group.
As the U.S. and Cuba normalize relations, World Council of Credit Unions is planting the seeds for the movement’s development.
World Council leaders visited the island nation in July to investigate the current state of financial services. Brian Branch, World Council president/CEO, writes about the trip at makingadifference.squarespace.com.
Another delegation of World Council and CUNA leaders, including CUNA President/CEO Jim Nussle, returned to Cuba this month to meet with Cuban officials and engage in a government policy dialog to establish a legal framework for credit unions.
World Council’s work in Cuba backs the organization’s Vision 2020 initiative to extend credit union services to at least 50 million new people by the year 2020. The initiative targets the two billion unbanked people worldwide.
Credit unions for Cuba’s 11 million residents would bring World Council one large step closer to meeting their goal.
World Council has been successful in introducing credit unions to countries worldwide including Afghanistan, Poland, Russia, Ukraine, and Belarus. In addition to providing quality and affordable financial services, these credit unions:
For more information, visit creditunionsforcuba.org.