INTERNATIONAL CREDIT UNIONS DAY

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BY AFIA NYARKO ASARE

Today marks International Credit Union (ICU) Day, a day set aside to celebrate the spirit of the global credit union movement. The day is recognized to reflect upon the credit union movement’s history, promote its achievements, recognize the hard work and share member experiences. International Credit Union (ICU) Day is celebrated on the third Thursday of October since 1948.
The ultimate goal is to raise awareness about the great work that credit unions are doing around the world and give members the opportunity to get more engaged. The day of festivities for credit unions and financial cooperatives globally include fundraisers, open houses, contests, picnics and parades.
This year’s occasion marks the 71st anniversary of ICU Day, globally the World Council President and CEO Brian Branch issued this statement to mark the day, “Each credit union serves a local community. And it is because of that local service in communities across the world that we have a global credit union movement that’s now 260 million members strong. That’s why our theme— “Local Service. Global Reach.”—so perfectly captures the focus and scope of credit unions as we head into the next decade,”
“Our member focus means that we continuously strive for higher levels of member service and engagement,” said Michelle Kamke, marketing projects manager at CUNA. “Our cooperative values make us stronger together, because when we empower locally, we inspire globally. ICU Day is a chance to showcase the meaningful change the movement brings to members worldwide.”
ICU Day logos and posters—as well as celebration ideas and other tips to create unique, memorable member experiences to help celebrate ICU Day—are available at WOCCU’s International Credit Union Day page. Credit union and financial cooperative representatives and members everywhere are encouraged to share photos, events, experiences and other ideas on Facebook, Twitter, Instagram and LinkedIn using #ICUDay.
In Africa, the ICU Day coincided with the African Confederation of Cooperatives Savings and Credit Association (ACCOSCA) is organizing the 20th SACCA congress which is scheduled to take place on 16th to 18th October 2019 at the Pride Inn paradise hotel in Mombasa Kenya. The congress will be preceded by Preworkshop slated to take place on 14th and 15th October 2019. The SACCA congress is ACCOSCA’s biggest annual event that convenes all cooperators in Africa and beyond to discuss and share ideas on issues that are of high importance to the development and sustainability of the Co-operative movement.
Participants will have an opportunity to gain knowledge and skills from re-known speakers from across the world that are well conversant with the Cooperative Principles and Philosophy and have enormous experience in SACCO business operations. This is aimed at promoting growth of individual organizations represented and the sector in general. In line with our mandate and our belief in the spirit of people helping people which is the basis of the Cooperative business model, the 20th SACCA Congress is themed “Embracing Servant Leadership and inclusivity through Financial Co-operatives” and will majorly equip the participants with the ‘servant leadership’ philosophy and set of practices that will enrich the lives of people, build better Financial Cooperative institutions and ultimately create a more inclusive society.
In Ghana, the Ghana Co-operative Credit Unions Association has been in charge of the Credit Unions movement in the Country. It has ensured the socio-economic lives of its members and the communities’ in which they exist. It has therefore, scheduled to commemorated this year’s ICU Day at the Northern Regional capital Tamale, on October 26, 2019 with a variety of events. Join the celebrations Credit Unions, happy family.


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