Governor Branstad meets with credit union leaders from Dominican Republic and Peru

Signs Credit Union Day proclamation

DES MOINES, IA (October 4, 2016) — In honor of International Credit Union Day later this month, Governor Terry Branstad signed a proclamation today during a visit with credit union leaders in town from the Dominican Republic and Peru.

Viewed as national and international leaders of innovation and collaboration in the credit union industry, Iowa credit unions have hosted various international delegations through the World Council of Credit Unions (WOCCU) through the years. The goal of the international visit is to provide an interactive format for the exchange of ideas and onsite learning to address common challenges facing credit unions around the world.

“Every October, credit unions celebrate a simple idea that by working together, people can improve their financial lives,” said Patrick S. Jury, President and CEO of the Iowa Credit Union League. “Today’s visit by credit union leaders from the Dominican Republic and Peru truly showcases the cooperative and collaborative nature of the credit union movement, and we are honored to share best practices in Iowa.”

As not-for-profit, financial cooperatives, credit unions provide an effective and viable alternative to for-profit financial institutions for more than 217 million members in 105 countries worldwide.

“As a longtime member of a credit union, I am grateful for the services they provide to their members and the Iowa economy as a whole,” said Gov. Branstad. “I recognize the value credit unions bring in creating and sustaining jobs in our state.”

Gov. Branstad’s Credit Union Day proclamation, which declares October 20 as Credit Union Day in Iowa, recognizes the Iowa credit union industry for its continuing advancement of the financial well-being of credit union members and the contributions made to their respective communities. It states, “Credit unions embrace a ‘people-helping-people’ philosophy through pooling of personal resources and leadership abilities for the good of the cooperative, empowering members to improve their financial future and uniting to help those in need.”

Sponsored by WOCCU since 1948, International Credit Union Day is celebrated to remember credit unions’ proud history and promote awareness of and support for the credit union difference. This year’s theme, “The Authentic Difference,” celebrates what makes credit unions truly unique. Credit unions are recognized as a force for positive economic and social change and have provided significant value in both developed and emerging nations.

Download a photo of the proclamation signing
Download the 2016 Iowa Credit Union Day proclamation


About Iowa Credit Union League

The Iowa Credit Union League is the trade association that represents the interests of Iowa credit unions and their 1.6+ million members. Credit unions are not-for-profit, financial cooperatives owned and operated by their members. Iowans use their credit union membership to receive higher interest rates on savings and lower interest rates on loans. For more information on ICUL, visit For information on Iowa credit unions, visit Follow ICUL on Twitter at or on Facebook at


Natalie Mahoney

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