As credit unions worldwide celebrate International Credit Union (ICU) Day, CUNA President/CEO Jim Nussle offered greetings from Cuba, where he is part of a contingent of credit union leaders working to bring cooperative financial services to the island nation.

“CUNA is proud to celebrate International Credit Union Day and mark the accomplishments of credit unions around the globe,” Nussle said. “It’s important to honor the history of the credit union movement and highlight the good work of our cooperative, not-for-profit financial institutions. The movement has grown to over 217 million members worldwide–and we’re continuing to seek ways to create credit union awareness.

“That’s why I’ve been in Cuba this week as part of the first fully credit union focused group on the ground in Havana since the U.S. government changed their policies in December of last year. I’m honored to have been given the opportunity to discuss the credit union movement there, and am reminded of the important work we’re doing back home. Here in the United States we have over 104 million memberships and are continuing to grow.”

continue reading »