MADISON, Wis. -- CUNA Mutual recently signed a $100,000 annual support agreement for 2007 and 2008 with World Council of Credit Unions.

The agreement includes an international development grant to create the CUNA Mutual Group Fund for Leadership and Innovation to support credit union strengthening where needs are greatest and the CUNA Mutual Group Global Credit Union Disaster Relief Fund to assist WOCCU with disaster relief efforts.

The grant will also support WOCCU's annual World Credit Union Conference, which provides an educational forum for credit union leaders to gather and learn about new trends, exchange ideas for confronting challenges and network with peers from around the world. CUNA Mutual Group supported the 2007 conference in Calgary, Canada, and will sponsor the 2008 conference in Hong Kong, July 13-16.

"We are proud to support these incredibly important initiatives," said CUNA Mutual Group International Division Senior Vice President Sue Albrecht. "Our continued support of WOCCU and the work being done to develop credit unions and provide services to the underserved is important to both CUNA Mutual and the credit union movement worldwide."

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