The Ohio Credit Union League and the World Council of Credit Unions have committed to helping a small Romanian group take on the task of modernizing that country's credit union system.
The pact was signed during a visit to Romania by OCUL President Paul Mercer and Cincinnati Central President/CEO Bill Herring for the American side and by Florin Simion, executive director of the Romanian Federation of Credit Unions.
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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