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Get to know Worldwide Foundation for Credit Unions

The Worldwide Foundation for Credit Unions is the official philanthropic and fundraising organization for the World Council of Credit Unions (WOCCU). Its mission is to serve as a catalyst to grow and strengthen the global credit union system by connecting it with resources for development. The Foundation raises funds to support WOCCU's development programs, which empower credit unions in developing countries to provide financial services to underserved populations, promote digital transformation, offer disaster relief through its Global Emergency Response Network, and champion other initiatives that foster financial inclusion and self-sufficiency.

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Worldwide Foundation for Credit Unions

United States

Founded in

1966 (60 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 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.

D Grade License

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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