PARADISE ISLAND, Bahamas–Where is credit union membership growing fastest? During the World Council’s World CU Conference here, the World Council recognized credit union associations from North, South and Central America with awards for posting the greatest membership growth.
2019 Membership Growth Awards went to the following countries—based on data derived from World Council Annual Statistical Reports, WOCCU said:
- Brazil: SICREDI grew at a rate of 37%, adding 2.6 million members for a total membership of 9.6 million.
- Guatemala: FENACOAC membership increased 8.6%, adding 142,702 members for a total membership of 1.8 million.
- United States: CUNA membership grew at a rate of 4%, adding 4.3 million members for a total membership of 113 million.
The World Council Board of Directors also recognized three new members added over the last year:
- Croatian Association of Credit Unions (Direct Member)
- All-Ukrainian Association of Credit Unions (Affiliate Member)
- Finacus Solutions - India (Associate Member)