World Council of Credit Unions Overview and Services

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The World Council of Credit Unions is a global organization that supports and represents credit unions worldwide. It was founded in 1971.

The World Council of Credit Unions has a diverse membership of credit unions from over 100 countries, making it a truly global community. Its members share a common goal of promoting financial inclusion and economic empowerment.

The World Council of Credit Unions offers a range of services to its members, including training and technical assistance, advocacy and policy development, and research and information sharing.

About WOCCU

Elissa McCarter-LaBorde is the President and CEO of World Council of Credit Unions (WOCCU).

WOCCU has a dedicated leader at the helm, guiding the organization's mission and vision. Elissa McCarter-LaBorde is the President and CEO of World Council of Credit Unions (WOCCU).

Employment and Events

The World Council of Credit Unions plays a significant role in the global credit union movement, with over 200 million members worldwide.

Colorful office supplies with smartphone and magnifying glass on tax forms. Perfect for business and financial themes.
Credit: pexels.com, Colorful office supplies with smartphone and magnifying glass on tax forms. Perfect for business and financial themes.

Credit unions have a long history, dating back to 1852, when Friedrich Wilhelm Raiffeisen established the first credit union in Germany.

The World Council of Credit Unions has been instrumental in promoting financial inclusion and access to affordable financial services for all.

The council's efforts have led to the development of innovative products and services that cater to the needs of underserved communities.

In addition to promoting financial inclusion, the World Council of Credit Unions also provides training and capacity-building programs for credit union staff and leaders.

Employment at WOCCU

Employment at WOCCU is relatively small-scale, with 126 people working at the organization.

The World Council of Credit Unions (WOCCU) is a specialized company with a distinct set of activities, which is reflected in its SIC codes: 78, 861, 86, and 7.

This small team is likely responsible for a variety of tasks, from managing member credit unions to advocating for credit union interests worldwide.

The specific SIC codes assigned to WOCCU provide insight into the types of industries and activities the organization is involved in, but the details of these codes are not provided here.

Annual Conference

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Credit: pexels.com, White offroad vehicle parked on a city street near a credit union in Toronto. Urban and vibrant.

The annual conference of the World Council of Credit Unions is a significant event that brings together professionals from the industry. It was held in Glasgow, Scotland, this year.

Over 1600 participants from more than 50 countries attended the conference, making it a global gathering of credit union professionals. The conference featured 44 world-class speakers and showcased many leading industry suppliers.

Face-to-face meetings are still the best way to build value and deeper relationships, even in today's virtual world. I've learned this from my own experience in the Canadian and global credit union movement.

The conference also highlighted the importance of supporting credit unions in need, such as those in Ukraine. The Worldwide Foundation for Credit Unions' Ukrainian Credit Union Displacement Fund had raised 1.7 million at the time of the conference.

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PSCU Joins

PSCU has joined the World Council of Credit Unions as an Associate Member. This is a big deal, as PSCU is a leading credit union service organization with a long history of supporting the World Council's programs and events.

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Credit: pexels.com, A hand tapping a credit card on a payment terminal for a contactless transaction.

Founded in 1976, PSCU has a rich tradition of offering specialized services in payments, technology, contact center solutions, collections, and digital banking. PSCU supports over 1,500 credit unions that process more than 3.8 billion transactions annually.

PSCU has been a key financial, event, and leadership partner for WOCCU's Global Women's Leadership Network and disaster relief efforts for over a decade. This kind of partnership is essential for the growth and development of credit unions worldwide.

As an Associate Member, PSCU will have wider strategic participation in the World Council's initiatives. This is a great opportunity for PSCU to further support the credit union model and champion the development of credit unions globally.

WOCCU associate memberships are specifically designated for business service organizations and international organizations that represent non-credit union financial cooperatives. This is a clear indication of PSCU's commitment to the credit union industry and its values.

Partnerships and Revenue

The World Council of Credit Unions has a strong focus on partnerships and revenue growth. They have a network of over 200 credit unions from more than 100 countries.

Credit: youtube.com, A Virtual Global Financial Symposium: Preparing Credit Unions for 2022

Their partnerships with other organizations and institutions help to increase their reach and impact. This includes collaborations with the International Co-operative Alliance and the United Nations.

One of their key revenue streams is through the provision of technical assistance and training to credit unions in developing countries. This helps to build their capacity and improve their financial performance.

WOCCU Annual Revenue

The World Council of Credit Unions (WOCCU) annual revenue was $14.1 million in 2025. This significant revenue is a testament to the organization's strong partnerships and successful initiatives.

WOCCU's annual revenue has provided a stable foundation for their operations and allows them to continue supporting credit unions globally.

Their annual revenue of $14.1 million in 2025 is a notable achievement, demonstrating the organization's ability to generate funds and make a positive impact.

Jefferson Financial and WCOCU

Jefferson Financial has been a part of the World Council of Credit Unions (WCOCU) exchange program, which has allowed them to share ideas and best practices with other credit unions globally.

Credit: youtube.com, Keesler Federal Credit Union announces major merger with Jefferson Financial Federal Credit Union

In 2009, Jefferson Financial was asked to be a mentor credit union to GESRO, a small but progressive credit union in Ghana, Africa, through the Louisiana Credit Union League.

The exchange program has been very successful, with ideas shared between Jefferson Financial and GESRO giving much appreciation to all involved.

Jefferson Financial CEO, Mark Rosa, visited GESRO's headquarters and branch offices in 2011, further strengthening their partnership.

Credit unions like Jefferson Financial continue to enjoy a tax-exempt status due to their cooperative organizational structure, which benefits their members with better rates on savings and lower rates on loan products.

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Where Is Based?

World Council of Credit Unions (WOCCU) is based in Madison, Wisconsin.

Elena Feeney-Jacobs

Junior Writer

Elena Feeney-Jacobs is a seasoned writer with a deep interest in the Australian real estate market. Her insightful articles have shed light on the operations of major real estate companies and investment trusts, providing readers with a comprehensive understanding of the industry. She has a particular focus on companies listed on the Australian Securities Exchange and those based in Sydney, offering valuable insights into the local and national economies.

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