CALGARY, Canada -
"We're delighted to increase the breadth of World Council's membership to include cooperative banks in India and cooperative insurance providers around the world," said WOCCU CEO Pete Crear.
The Cameroon Cooperative Credit Union League (CamCCUL) joined World Council for the first time as a full national member. CamCCUL represents 191 credit unions serving 209,050 members with consolidated assets of US$85.7 million. CamCCUL is the largest microfinance network in the country and surrounding region.
The National Federation of Urban Cooperative Banks and Credit Societies (NAFCUB) in India became an associate member. NAFCUB represents 875 urban cooperative banks and 76 credit societies. The 1,850 urban cooperative banks in India serve more than 20 million members and more than 200 million clients.
The Cooperative Savings and Credit Union Mutual Insurance Society (TUW Skok) was recognized for joining as an associate member in 2006. TUW Skok provides insurance services for credit unions and their 1.7 million members throughout Poland.
The International Cooperative and Mutual Insurance Federation (ICMIF), representing 184 cooperative and mutual insurance companies in 70 countries, also joined as an associate member. Many of the insurance companies represented by ICMIF are closely linked to World Council's existing members around the world.
