CUNA, WOCCU Issue Statement of Support for Ukraine’s Credit Unions
FOR IMMEDIATE RELEASE
February 24, 2022
Washington, DC
Credit Union National Association (CUNA) President/CEO Jim Nussle and World Council of Credit Unions (WOCCU) 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,” said CUNA President/CEO Jim Nussle.
“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 (WOCCU) 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 Elissa McCarter LaBorde, President/CEO of World Council of Credit Unions (WOCCU).
“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.
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About CUNA:
Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by more than 130 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit cuna.org. To find your nearest credit union, visit YourMoneyFurther.com.
About WOCCU:
World Council of Credit Unions is the global trade association and development platform for credit unions. World Council promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. World Council advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach. World Council has implemented 300+ technical assistance programs in 90 countries. Worldwide, 86,451 credit unions in 118 countries serve 375 million people. Learn more about World Council's impact around the world at www.woccu.org
CONTACT:
Lauren Williams
CUNA Communications
202-672-3396