Press

WYCUP scholarship nominations open with higher age limit

2020 nominations forms now available on new WYCUP website

MADISON, WI (February 12, 2020) — Nominations are open for the 2020 World Council Young Credit Union Professionals’ (WYCUP) Scholarship—an annual award aimed at emerging credit union leaders around the globe.

And even more credit union professionals can apply for the scholarship in 2020, with WYCUP raising the age limit for eligibility from 35 to 40.

“Raising the age limit by five years is a direct result of seeking to align this educational and networking program with the age limits of affiliate young professional network programs throughout the global credit union community. We want to expand the reach and impact of WYCUP, and we believe opening the process up to more applicants in 2020 will allow that to happen,” said Paul Treinen, World Council Executive Vice President.

Individuals of all ages that want to participate in the WYCUP program, or support young professionals as mentors in the program, have always been welcomed.

The WYCUP program is an integral part of World Council’s Diversity, Equity and Inclusion (DEI) efforts, and is dedicated to advancing young leaders worldwide. The program leverages opportunities to promote professional development through educational events, including our annual World Credit Union Conference.

In 2020, World Council is hosting a Joint Credit Union Conference with Credit Union National Association (CUNA) in Los Angeles, July 19-22. Up to five nominees will be awarded WYCUP scholarships at the Joint Credit Union Conference—each good for an all-expense-paid trip to the 2021 World Credit Union Conference in Glasgow, Scotland, UK.

Each Nominee must submit a completed 2020 WYCUP Scholarship nomination form, along with a three- to five-minute video explaining why they deserve the award, by May 29, 2020. Examples of videos from previous nominees can be found here.

Along with being 40 years of age or younger on January 1, 2020, eligible scholarship nominees must:

  • Demonstrate leadership, personal commitment and the potential to significantly influence credit unions or financial cooperatives in or outside their country.
  • Be actively involved as an employee or volunteer with a credit union or other financial cooperative.
  • Be endorsed by a credit union, financial cooperative or other group affiliated with, or part of, a member organization of the World Council.
  • Actively participate in the 2020 Joint Credit Union Conference in Los Angeles, including the DEI conference track. Joint Credit Union Conference registration and travel expenses must be paid by a sponsoring credit union or credit union organization.
  • Not have been a previous WYCUP scholarship recipient and not be a current World Council employee.

New WYCUP website launched

Young credit union professionals interested in learning more about WYCUP can now explore all the program has to offer at a new website, www.wycup.org.

Along with information about the scholarship program, this new resource features information on further WYCUP educational opportunities and events, as well as video testimonials from current members and alumni who share their passion, understanding and knowledge of the program.

WYCUP is a program of the Worldwide Foundation for Credit Unions, and is generously sponsored by CUNA Mutual Group and Servus Credit Union.

The 2019 WYCUP Scholarship winners.


About World Council of Credit Unions

World Council of Credit Unions is the global trade association and development platform for credit unions. World Council promotes the sustainable development of credit unions and other financial cooperatives around the world to empower people through access to high quality and affordable financial services. World Council advocates on behalf of the global credit union system before international organizations and works with national governments to improve legislation and regulation. Its technical assistance programs introduce new tools and technologies to strengthen credit unions' financial performance and increase their outreach. World Council has implemented 300+ technical assistance programs in 90 countries. Worldwide, 82,758 credit unions in 97 countries serve 404 million people. Learn more about World Council's impact around the world at www.woccu.org.

Contacts

Greg Neumann
E-mail: gneumann@woccu.org
Phone: +1 608-395-2048

More News