RUTLAND, Vt. - A partnership agreement has been signed between Heritage Family Credit Union here and Cooperativa de Ahorro y Crédito ABACO, based in Lima, Peru. The credit union-to-credit union (CU2CU) partnership is a byproduct of the partnership between the Association of Vermont Credit Unions and the Federación Nacional de Cooperativas de Ahorro y Crédito del Perú (FENACREP), signed in Lima, and part of WOCCU’s International Partnership Program. The arrangement will enable the Peruvian credit union to work closely with their Vermont counterpart to the mutual benefit of both parties, according to the WOCCU.
The idea of the relationship evolved out of a trip Heritage Family CU CEO Ron Hance and other CU and association staff took to Peru.
