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Row of flag poles with European Union and Ukraine flags fluttering by wind on blue sky background European Union and Ukraine flags. (Source: AdobeStock)

On behalf of its Board of Directors, World Council of Credit Unions on Friday released a statement condemning Russia’s military aggressions in Ukraine

“World Council of Credit Unions (WOCCU) harshly condemns the Russian government’s decision to invade the independent and sovereign nation of Ukraine and use military force to cause massive devastation, death and displacement there. Worldwide Foundation for Credit Unions, our charitable and engagement arm, has mobilized the Ukrainian Credit Union Displacement Fund to provide financial support to mitigate both the short- and long-term impacts to Ukraine’s credit union system, its employees, and the members and communities it serves. WOCCU has also made the decision to suspend all engagements and activities with Russia across all its entities and initiatives.”

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Michael Ogden

Editor-in-Chief for CU Times.

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