SEOUL, South Korea–Representatives of five credit unions from Oregon travelled overseas to do a “deep dive examination” of South Korea’s largest credit union system, according to the World Council of Credit Unions.
The trip marked the conclusion of a two-year Worldwide Foundation for Credit Unions’ (WFCU) Global Bridges' journey with the National Credit Union Federation of Korea (NACUFOK).
Representatives from Advantis Credit Union, Northwest Community Credit Union, Oregon Community Credit Union, Rivermark Credit Union and Unitus Community Credit Union visited NACUFOK’s headquarters and training center in Daejon, along with four of its member credit unions in Seoul and Busan, WOCCU said.
The visit, which also included stops at several marquee cultural and historic sites in South Korea, comes six months after NACUFOK representatives visited the credit unions in Oregon, the organization added.
“Global Bridges allowed our Oregon delegation to not only connect and learn from a worldwide credit union leader, but also with each other as we jointly advance the movement forward,” said Steve Stapp, President and CEO of Unitus Community Credit Union. “The approach and concepts are different than those we traditionally employ in the U.S., so this presented an excellent opportunity to see their model in action and gather new ideas.”
Role of Global Bridges
Global Bridges allows participating credit unions to select and customize thematic content that gives their teams a global context of current credit union challenges through interactive webinars, peer-to-peer engagements and conferences that add value to existing education and training programs, WOCCU explained.
“It is exciting to see the completion of our first Global Bridges' journey that started in early 2021,” said Mike Reuter, WFCU executive director. “Now that we have largely moved on from the COVID-19 pandemic, we hope to deliver more in-person engagement opportunities to connect credit unions from different areas of the world.”
According to WOCCU, Global Bridges' journeys can be delivered over a 12- or 24-month timeframe. The program employs a versatile model to orient both new hires, and give existing staff access to new global credit union experiences.
For info, visit doglobalgood.org/bridge.
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