by: Shazia Manus
There’s no doubt, the credit union movement is alive and well in this country and around the world. The World Council of Credit Union’s (WOCCU’s) recent figures show credit unions continue to grow globally, with 208 million people served by 57,000 credit unions in 103 countries. Credit unions in the U.S. also recently celebrated (and have now surpassed) the significant milestone of serving 100 million members.
WOCCU has broken down this growth by regions, with Asia, Latin America and Europe enjoying the fastest growth in terms of credit union membership. Overall in 2013, worldwide membership grew by more than 7 million new members.continue reading »