Madison, Wis. - Representatives from India's National Federation of Urban Co-operative Banks & Credit Societies, Ltd. visited the United States and Canada to expand their knowledge of the credit union system and explore the possibility of becoming a World Council member.
The delegation visited World Council and CUNA Mutual Group headquarters, Credit Union Central of Canada, NCUA in Arlington, Virginia, Wescom CU in California, Community Bank of Nevada, the National Federation of Community Development Credit Unions and Lower Eastside Peoples' FCU in New York.
NAFCUB representatives also visited $25 billion-WesCorp FCU in San Dimas, Calif. World Council is currently assisting NAFCUB to allow for the establishment of corporate CUs in India.
"With a cooperative financial system over a hundred years old and still growing, India's cooperative banks bring a wealth of knowledge to the table," said Pete Crear, CEO of WOCCU. "We're excited at the prospect of collaborating more and welcoming NAFCUB as a World Council member."
