As member-focused financial cooperatives, credit unions have long been critical support systems in the communities they serve.
Beyond traditional financial services, they provide education, guidance and often act as referral services to other community-based organizations. But in today’s digital economy, the parameters of “community” have evolved.
But should Australian members’ money go towards supporting Ecuadorian entrepreneurs? According to Ciaccio, the answer’s a resounding yes.
Commitment to community
“The world is smaller than it has ever been. With that comes the potential for a global system like the credit union movement to be more effective than ever. As a system committed to improving financial access and inclusion for everyone, there’s no reason credit unions in Kansas shouldn’t support programs in Kenya.
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