CO-OP Financial Services committed to donate a total of $500,000 to the Global Women’s Leadership Network (GWLN) over the next 10 years during the GWLN 10-year celebration reception at the 2019 World Credit Union Conference.
Samantha Paxson, chief experience officer for CO-OP, made the surprise announcement to a crowd of GWLN supporters near the end of the reception Saturday evening.
"50% of our workforce is women. 63% of our management team, from senior up, is women. And it's something we think is important. We were the founding sponsor of Global Women 10 years ago and we think it's important on the 10-year anniversary to continue that," said Paxson, indicating CO-OP CEO Todd Clark felt strongly about making the commitment.
CO-OP plans to make its first donation of $50,000 in 2020, and then in each of the next nine years after that.
GWLN reaches goal of 100 Sister Societies worldwide
Prior to CO-OP's stunning announcement, Susan Mitchell, GWLN volunteer chair and CEO of Mitchell, Stankovic and Associates, offered the first surprise revelation of the evening by stating Global Women had reached it's goal of adding 100 Sister Societies worldwide. The goal was met with the addition of a Sister Society in Cambodia.
Sister Societies are local Global Women chapters established around the world to further the Network’s global mission by making a local impact. The purpose is to convene credit union women, discuss credit union issues, exchange ideas, network with neighboring credit union leaders and share lessons learned with Network members worldwide.
2019 Athena Award goes to Elevations Credit Union
Another GWLN sponsor made headlines at the 10-Year Celebration Reception, as Elevations Credit Union took home the 2019 Athena Award.
World Council President/CEO Brian Branch presented the award to Elevations Credit Union Board Member Nancy Herbert, recognizing the organization’s donation of time, money and effort in creating the GWLN mobile app.
“This is another in a long line of endeavors where Elevations Credit Union stepped forward and decided to lend a helping hand,” said Herbert.
The award, inspired by the goddess of Greek mythology who stands for strength, courage, and wisdom, is presented to an individual or organization that has made an outstanding contribution to women's leadership in the international credit union movement.
Recipients of the 2019 GWLN Scholarship were also on hand for the 10-year anniversary celebration. Each year, GWLN awards scholarships to female leaders within the credit union industry so they may acquire new skills, tools and resources to make an impact and further their professional development.
The 2019 scholarship winners are:
Since 2009, GWLN has awarded 51 scholarships to women from 23 countries.
Scholarships are made possible through funding from annual membership donations and sponsorships, including the support of CUNA Mutual Group, CU Direct, PSCU and the Susan Adams Scholarship Fund supported by One AZ Credit Union.