WOCCU 101: Our Passion Is the Member

WOCCU 101: Our Passion Is the Member

This year as the credit union industry celebrate 40 years of World Council of Credit Unions (WOCCU), the author asks, what are the lessons they have learned. The lessons are: 1. Their credit union values and their cooperative model fit almost any country and any culture. 2. Credit unions not only fi...

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Veröffentlicht in:Credit Union Magazine 2011-10, Vol.77 (10), p.16
1. Verfasser: Branch, Brian
Format: Artikel
Sprache:eng
Schlagworte:
Collaboration
Cost control
Credit unions
Learning
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Zusammenfassung:This year as the credit union industry celebrate 40 years of World Council of Credit Unions (WOCCU), the author asks, what are the lessons they have learned. The lessons are: 1. Their credit union values and their cooperative model fit almost any country and any culture. 2. Credit unions not only finance economic reconstruction, they are part of the social fabric that pulls people together and gets them working with one another again. 3. When bad things happen, credit unions step in and provide relief to those affected. 4. Part of credit unions' market advantage is the ability to collaborate effectively to achieve scale and efficiencies.
ISSN:0011-1066