REGINA, Saskatchewan–Conexus Credit Union has announced plans to close nine branches across the province, primarily in small communities. The credit union said in a statement it will continue to serve the affected members digitally, but many members have expressed dismay over the move.
CU News From Around the Planet
KINGSTON, Jamaica–OK Sodality Cooperative Credit Union said it has partnered with two foreign companies to develop a financing program for renewable energy products targeted at micro, small- and medium-enterprises and low-income households.
TORONTO, Canada–The Canadian Credit Union Association has launched a new national brand program aimed at highlighting defining principles of Canada’s credit unions, including what the association said consumers are really looking for as summed up in its new tagline, “You First, Banking Second.”
NASSAU, Bahamas—The Bahamas’ securities regulator is pushing for a new framework for token projects, aiming to turn the island nation into the jurisdiction of choice for blockchain startups, a new report indicates.
BRIDGETOWN, Barbados–A senator here is calling on this country’s Financial Services Commission (FSC) to extend deposit insurance protection to credit unions.
MADISON, Wis.–The World Council of Credit Unions’ Global Women’s Leadership Network (GWLN) has awarded six scholarships for women to join the Network and to attend the 2019 World Credit Union Conference in the Bahamas, where WOCCU said they will have opportunities for professional development, networking and diversifying skills.
LONDON—The European Commission is working on its biggest regulatory push on banking since the 2008 financial crash that could curb Britain’s access to the bloc, reported Reuters, citing an internal draft document the news outlet received.
MADISON, Wis.–The Worldwide Foundation for Credit Unions has released a new video that seeks to highlight international development projects, learning initiatives and disaster relief efforts World Council for Credit Unions (WOCCU) administers through the global credit union movement.
URITIBA, Brazil—The largest credit union system in Brazil, SICREDI, is hosting more than 150 young credit union professionals from across the Americas this week as part of the World Council of Credit Unions’ (WOCCU) Young Professional Exchange Program
DUBLIN, Ireland–Twenty credit unions across Ireland are part of a new nationwide program to make homes more energy efficient.