Papua New Guinea Newest Member

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MADISON, Wis.-WOCCU accepted the Federation of Savings and Loan Societies (FESALOS) in Papua New Guinea as its newest direct WOCCU member.

FESALOS, founded in 1962, today represents all 20 of the country's credit unions, still referred to locally as savings and loan societies. Together the 20 institutions serve 250,000 members and hold $249 million in total assets.

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