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Caribbean Credit Unions and the Foreign Account Compliance Act (FATCA)

The proposed regulation which is expected to be finalized by December 31, 2012 and if finalized as proposed, require non-U.S. credit unions to register with the IRS...

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Events Calendar

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CCCU AND Ria Financial Sign Memorandum of Understanding (MOU) PDF Print E-mail
Wednesday, 23 July 2014 00:00

CCCU, Ria FinancialThe Caribbean Confederation of Credit Unions and Ria Financial have entered into an agreement to facilitate t the Fostering of Financial Inclusion Through Remittances. Through this initiative Credit Unions, the CCCU and Ria may join the Ria Global Agent Network of 220,000 agents locations in over 140 countries through which credit union members can benefit from the following services:

  • International Direct Account Deposit
  • Money Transfer. – Cash payout at Credit Unions
Re-Engineering Credit Unions For Success And Sustainability PDF Print E-mail
Monday, 30 June 2014 17:36
Aaron Moses


Brothers and sisters, I bring you warm greetings on the occasion of our 57th annual convention and 43rd annual general meeting held in collaboration with the Credit Union Executive society from the USA.

Today we gather at this magnificent resort on a pristine island in the Bahamas, home of the Lucayan people, to participate in the largest ever CU Conference in the history of the Caribbean movement. Our Convention 2014 is about a unique Caribbean experience. A credit union experience of sharing, networking, renewing aquaintances, establishing new relationships and building friendships! Convention 2014 is about charting our future, recommitting and re-dedicating ourselves to the growth, development and sustainability of the Credit Union movement in the region.


On December 24, 2013, Dominica, St. Lucia and St. Vincent and The Grenadines, were severely affected by a weather system which resulted in widespread flooding, landslides and loss of life. As a result, CCCU requested these Affiliates to advise of the extent of damage to Credit Unions and their members, so that assistance could be mobilized.

Whereas Dominica has reported that Credit Unions and their members were not unduly affected despite the damage to several elements of the infrastructure, St. Lucia and St. Vincent and The Grenadines, have experienced major damage and dislocation.

The Co-operative Credit Union League of St. Lucia has advised that based on surveys conducted among Credit Unions and their members who were more severely affected by this disaster, financial assistance required to provide much needed relief to distressed members, is estimated at two hundred and twenty three thousand dollars [US$223,000].

The St. Vincent and The Grenadines Co-operative League has also advised that although no Credit Unions suffered any direct damage, a number of the 15,296 residents directly affected by the disaster, were either direct members of Credit Unions and other co-operatives, or dependents of these members.

Because of the extent of the damage in St. Vincent and The Grenadines to the homes of Credit Union members and small businesses owned by them, the loss of crops, livestock and damage to farm lands of members of Agricultural Co-operatives, the widespread erosion which damaged the road networks and water mains, the overall financial impact cannot be easily quantified but significant financial assistance is required to provide immediate and on-going relief to members.

The CCCU is co-ordinating a response and is hereby issuing an appeal to all Affiliates and their member Credit Unions as well as individual Credit Union members, for donations to the CCCU Development Foundation to be used to assist these two [2] Affiliates which were hardest hit.

Contributions are urgently required and will be immensely appreciated.

PDF Print E-mail

International Summit of Co-operatives.jpg

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January 22, 2014

Desjardins Group – Co-host of the Summit – to Acquire State Farm® Canada

A major transaction in the financial sector between cooperatives and mutuals

Desjardins Group, co-host of the International Summit of Cooperatives and the leading cooperative financial group in Canada, announced that they will purchase State Farm Canada's businesses in property and casualty and life insurance, as well as its Canadian mutual fund, loan and living benefits companies.

State Farm® is the largest P&C mutual insurance company in the United States. The transaction also involves a third stakeholder, Crédit Mutuel a France-based cooperative financial group and long-term partner of Desjardins Group.

Read more

Top 10 Women in Sustainability

The leadership of two CEOs from the cooperative sector is recognized!

The leadership of Kathy Bardswick, CEO of The Co-Operators Group and Tamara Vrooman, CEO of Vancity was celebrated by the Corporate Knights magazine last December. Thanks to their perspective and persistence Ms. Bardswick and Ms. Vrooman are showing how great leadership can bring about positive change. Over the past 11 years, Ms. Bardswick has pushed to reduce The Co-Operators Group's footprint and introduce sustainability-focused insurance products while Vancity became the first carbon-neutral credit union in North America under Ms. Vrooman.

At the intersection of business and society, the Corporate Knights magazine focuses on Clean Capitalism define as an economic system in which prices incorporate social, economic and ecological benefits and costs, and actors know the full impacts of their actions.

Read more

Registration to Open in February

Five Reasons to Attend

Registration for the 2014 International Summit of Cooperatives will open in February. The Summit is a must-attend event for all managers of cooperative and mutual enterprises. Come to the Summit to:

  1. Find solutions for development and performance challenges
  2. Access groundbreaking and exclusive multi-sector international studies related to the cooperative and mutualist movement
  3. Earn how to tackle new market challenges
  4. Network with global leaders
  5. Do business at the international exhibition

The 4-day pass includes conferences, round tables, breakout forums, access to the collaborative platform, the exhibition and the mobile app as well as the opening ceremony, the welcome cocktail and an unforgettable gala dinner.

The 2014 Summit Exhibition – Oct. 6, 7 & 8

A rare opportunity to network with Coop leaders

With 2,500 participants from 90 countries the Summit Exhibition is a rare occasion for exhibitors to renew and develop international contacts and partnerships with cooperative leaders from various sectors including banking, insurance, finance, retail, health care and human services, housing, agriculture, and forestry.

The exhibition will be held in an enormous 7,000m2 (75,000 sq. ft.) room and is open to all – cooperatives, mutuals as well as non-cooperative enterprises. The early-bird price for 3 x 3 m2 (10 x 10 sq. ft) stand is CAN $3,230.00 (plus taxes) until January 31. For information about the event or to arrange for an exhibit space please contact Christina DeCastro at This e-mail address is being protected from spambots. You need JavaScript enabled to view it .

Call for Scientific Articles

Opportunity for researchers

The organizers of the 2014 International Summit of Cooperatives invite co-operators, authors and researchers to submit empirical or theoretical articles by February 15, 2014

Scientific articles must tie in with the main theme "Cooperatives' Power of Innovation" and one of the sub-themes of the 2014 Summit. A committee of international experts will review the articles. Selected candidates will be notified by April 11, 2014.

Learn more



Funding partners

The Summit receives financial support from:

Gouvernement  du Canada
Gouvernement  du Québec Ministère des Finances et de l'Économie


DesjardinsVille de Québec


Crédit Mutuel


agropur Crédit agricole Crédit FedereePWC EY Rabobank


CGI CGI Co-Operators DZ BANK Vancity


Jahia Jahia Jahia


Fondaction Université Laval Delagatus Semeon

Official carrier

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