THE globe

CU News From Around the Planet

WASHINGTON—Remittances to several Latin American nations with close migrant ties to the United States declined sharply in the first half of 2020 – especially in April, when much of the U.S. was locked down due to the COVID-19 outbreak, according to a Pew Research Center analysis of data from their national central banks.

MEXICO CITY, Mexico—Mexico could receive a record $40 billion in remittances in 2020, which will help drive domestic economic recovery, Mexico President Andres Manuel Lopez Obrador said.

MADISON, Wis. – The World Council of Credit Unions (WOCCU) presented the Indiana Credit Union League with the 2020 Distinguished Service Award, the highest honor paid to individuals and institutions by the worldwide credit union movement.