India. Poland. China.
Leaders from these countries are eager to throw more credit unions into their financial markets, and they’ve visited the California Credit Union League over the last year to learn how to do it.
But from Sunday to Wednesday, executives from the Rancho Cucamonga-based organization will be guests in a foreign land.
The league will join its sister branch, the Nevada Credit Union League, and meet with government and financial representatives from more than 50 countries at the World Council of Credit Unions’ 2008 World Credit Union Conference in Hong Kong.
The four-day conference targets credit union issues and lets leaders share ideas that they can take back and implement in their own countries. The sluggish U.S. economy, marred by a roiling financial crisis, will also take center stage.
Conference attendees will also discuss mobil-phone Internet banking services at European credit unions and how that model can be applied in America.
Both leagues provide information, education, advocacy and support services to more than 400 credit unions in California and Nevada.
More than 9 million Californians and Nevadans are credit union members and part of the International Credit Union, which has 177 million members.