Ecuador CUs Aided by Colo. Shared Branching Experts

QUITO, Ecuador - Representatives from the Credit Union Service Network (CUSN), Credit Union Service Corp, and the Colorado Credit Union League Foundation (CCULF) visited Quito, Ecuador recently to learn about operations at three credit unions and participate in a conference on shared branching.

The trip was part of World Council of Credit Unions' International Partnership program.

Red Transaccional Cooperativa (RTC, Cooperative Transactional Network), Ecuador's credit union shared branching network formed in 2006 and supported through a partnership with CCULF, held a conference on shared branching with its 18 Ecuadorian credit unions during the U.S. delegation's visit. After addressing the conference, delegates visited credit unions in Riobamba and Cuenca, Ecuador.

"Credit unions here have the cooperative spirit at the local level," said CUSN President Doug Burke. "[RTC] needs to work cooperatively at the national level. It would really benefit in a short time...to design at the national level and execute at the local level." (c) 2007 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com