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CUNA President/CEO Jim Nussle and World Council of Credit Unions President/CEO Elissa McCarter LaBorde today issued statements in support of Ukraine’s credit unions.
“America’s credit unions stand united with the Ukrainian American Credit Union Association (UACUA) in expressing our deep desires for peace within Ukraine. The threat of escalating violence would further destabilize the country and displace millions more. We are praying for a swift end to hostilities in the region,” Nussle said.
“UACUA represents 12 credit unions in the United States that serve over 100,000 members with close ties to family and friends in Ukraine. When the time comes, we anticipate Ukraine’s credit unions and UACUA will play a critical role in shoring up financial security for the people of Ukraine, and we will be ready to lend our support,” he added.
“World Council of Credit Unions is extremely concerned about the safety and well-being of our member credit union associations in Ukraine and the individual credit unions and members they serve. We stand ready to support the Ukrainian National Association of Savings and Credit Unions (UNASCU) and the All-Ukrainian Association of Credit Unions and are in regular communication with them during this crisis,” said LaBorde.
“WOCCU is an apolitical organization focused on promoting financial inclusion through credit unions everywhere, all of which share the same purpose of maximizing the economic benefit of their members,” she said.