WASHINGTON — The World Council of Credit Unions participated in a U.S. Treasury-led effort to maximize access to financial services for citizens of emerging Latin American countries.
"Financial Inclusion in the Americas", convened by U.S. Treasurer Anna Escobedo Cabral, brought together approximately 80 financial professionals and government officials from the United States, Mexico, Guatemala, Honduras and El Salvador.
Dave Grace, WOCCU's vice president of association services, spoke on behalf of the group, saying financial cooperatives can help achieve that goal, but they must have access to payment systems and remain tax-free.
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