The Romanian Federation of Credit Unions and the Ohio Credit Union League have formed a partnership aimed at helping the central European country strengthen its credit union system.
The pact was signed during a visit to Romania by OCUL President Paul Mercer and Cincinnati Central Credit Union President/CEO Bill Herring for the American side and by FEDCAR Executive Director Florin Simion for the Romanians.
The 23rd such agreement of mutual support sponsored by the World Council of Credit Unions will have a particular focus on shaking the vestiges of Soviet rule by addressing public perceptions there about credit unions' "cooperative nature," the organizations said.
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