LATHAM, N.Y. - The New York State Credit Union League and thePuerto Rican Cooperitivas have announced their partnership anddescribed it as "a commitment to mutual assistance and a frameworkfor a relationship that will stretch into the future." The newpartnership also includes the World Council of Credit Unions.WOCCU's Victor Coro, international partnerships manager said thealliance "represents the best of the commitment of `people helpingpeople' made by credit union movements throughout the world."Commenting on the new partnership, NYSCUL President/CEO WilliamMellin said the League was excited about the potential benefit toNew York credit unions the agreement between the two groups willoffer, "especially to those credit uions that serve areas with ahigh Puerto Rican population." Last week five representatives fromPuerto Rican Cooperitivas visited the League's offices to continuea discussion that was begun in November 2004 about core services.The two groups also explored business opportunities with theLeague's affiliates and Empire Corporate FCU. The representativesalso toured a branch of SEFCU and Sunmark FCU and had theopportunity to get a first hand look at operations at both CUs andlearn about each CU's history, mission, core values, products andservices, rates, growth and best practices.

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