BIRMINGHAM, Ala. – Marking its first linkup in years with a foreign credit union association, the Alabama Credit Union League said last week it has formed a partnership with FEDEAC, a Costa Rican CU organization, and the World Council of Credit Unions. During an Aug. 12 meeting of its Board, the League voted unanimously to form a partnership for information sharing, cooperation, and other joint activities. “A cornerstone of the credit union difference is cooperation,” said League Board Chair Dale Dalbey, CEO of Mutual Savings Credit Union. “The value of cooperation extends beyond our lobby doors and around the world. This is a great opportunity for credit unions in Alabama and Costa Rica to learn from each other, and share our strengths with each other.” Credit unions in Alabama will begin working with WOCCU and FEDEAC “to identify areas of cooperation and develop a plan for working together.” There are 70 active credit unions in Costa Rica serving 490,545 members “The League’s Board and our staff are looking forward to this opportunity to work with credit unions in another part of the world,” said League CEO Gary B. Wolter. “Costa Rica is a success story with a sound economy, a rich democratic tradition, and a strong and growing credit union movement. This cooperative venture will benefit credit unions in both Costa Rica and Alabama.”

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.