Ukrainian Ambassador Addressed Urgent Situation in Ukraine

Ambassador Markarova acknowledged support from credit unions

WASHINGTON, DC (March 1, 2022) — Ukrainian Ambassador to the U.S. Oksana Markarova provided an update on the situation in Ukraine at the CUNA Governmental Affairs Conference (GAC) live via zoom on Tuesday.

Anatoli Murha, senior vice president with Ukrainain Self-Reliance Credit Union, introduced Ambassador Markarova from the main stage, saying, “there is no stronger advocate for Ukraine in the United States right now.”

Russian attacks started Feb. 24 and continue, Ambassador Markarova said, noting that just this morning two Russian rockets hit the city center of Kharkiv, Ukraine’s second largest city, bringing devastation not seen since World War II.

“Right now we don’t have any other choice but to defend our home. We don’t have another. Everyone in Ukraine, our president—who made the extraordinary decision to stay in Kyiv—our government, our armed forces, national guard, police, ordinary people, including women and girls,” she said.

Ambassador Markarova, former minister of finance for Ukraine, said credit unions have long played a part in the country’s history.

“The 12 wonderful Ukrainian credit unions here in America helped the Ukrainian cause even before we gained our independence 30 years ago,” she said. “The Ukrainian credit unions were essential in supporting our fight for freedom.”

Ukrainian American credit unions have already raised and sent more than $700,000 to support those on the front lines through the Ukrainian American Credit Union Association.

She urged credit unions looking for ways to help to contact the Ukrainian American Credit Union Association.

Read more conference coverage fromCUNA News, and get live updates on Twitter via@CUNA_News,@cumagazine,@CUNA, and by using the#CUNAGAChashtag. You can also follow the conference onFacebookandInstagram. For a complete schedule and information on keynote speakers and breakout sessions, visit theCUNA GAC event page.

About Credit Union National Association (CUNA)

Credit Union National Association (CUNA) is the only national association that advocates on behalf of all of America’s credit unions, which are owned by 135 million consumer members. CUNA, along with its network of affiliated state credit union leagues, delivers unwavering advocacy, continuous professional growth and operational confidence to protect the best interests of all credit unions. For more information about CUNA, visit To find your nearest credit union, visit


CUNA Communications

More News