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Get to know World Council of Credit Unions (WOCCU)

Founded in 1971, the World Council of Credit Unions (WOCCU) serves as the leading international trade association and development agency for the credit union movement. Its mission is to advance credit unions to empower people through access to high-quality and affordable financial services. WOCCU advocates on behalf of the global credit union system, provides technical assistance to help build and strengthen credit unions, and champions their cooperative, member-owned model as a key driver of financial inclusion and economic development worldwide.

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World Council of Credit Unions (WOCCU)

United States

Founded in

1970 (56 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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A Grade License

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B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

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From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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