Idaho, Moldova sign international partnership

May 8, 2015

CHISINAU, Moldova (5/8/15)--The Idaho Credit Union League and Central Association of Savings and Credit Associations (CASCA) of Moldova have signed a partnership agreement through World Council's International Partnerships Program.

It is the newest of 20 such relationships overseen by the World Council of Credit Unions.

Moldova Greenhouse sm

An Idaho credit union delegation visited Moldova credit union member, Semion Colesnic, who took out a credit union loan to invest in a greenhouse. From left: Mihai Galesco, Rural Credit chair; Semion Colesnic, greenhouse owner; Victor Corro, World Council vice president; and Shane Berger, Idaho league chair. (World Council of Credit Unions Photo)

"The two organizations have a great deal of information to share for the mutual benefit and development of more comprehensive and effective member services,” said Brian Branch, World Council president/CEO.

In the new partnership, the Idaho League and World Council seek to provide operational and technical assistance to Moldovan credit union organizations. The assistance may include savings growth strategies, regulatory support and marketing support for bolstering awareness and participation in the credit union movement. The next steps include defining the focus and developing a work plan.

During the weeklong exchange, the Idaho delegation met with CASCA, credit unions and their members, the national regulator and the Rural Finance Corporation, to better understand credit unions' role in Moldova's economic landscape. Meetings took place with rural credit unions, including Onesti-Credit and Rural Credit, the National Commission for Financial Markets and the Ministry of Agriculture.

Idaho League representatives on the trip included Shane Berger, Idaho league chair, president/CEO of Beehive FCU, Rexburg, and member of CUNA's World Leadership Development Committee; Robert Taylor, president/CEO, Idaho State University CU, Pocatello; David Lawrence, board member, Capital Educators FCU, Meridian; and Will Hall, Idaho League vice president. Victor Corro, World Council vice president, and Liliana Tangwall, World Council manager of member services, accompanied the delegation.

World Council's International Partnerships Program unites credit union movements from around the world to exchange ideas, best practices and technical expertise. The program builds institutional capacity aimed to benefit credit union members, while demonstrating the principle of cooperation among cooperatives that distinguish credit unions as financial institutions.