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CENCOPAN Steering Committee

CENCOPAN Steering Committee

One of the many characteristics that makes credit unions unique is their ability to unite and work cooperatively to help fellow credit unions succeed. It is this cooperative spirit that drives the World Council of Credit Unions (WOCCU) and the Minnesota Credit Union Network (MnCUN) to help credit unions provide necessary services to members around the world.

MnCUN and Central de Cooperativas del Area Nacional Ltda. (CENCOPAN) work together through WOCCU’s "International Partnership Program.” MnCUN and CENCOPAN began their relationship in the fall of 2003, signing a formal partnership agreement in March 2004.

Formed in 1994, CENCOPAN is located in Asuncion, Paraguay, and provides its member credit unions with services similar to those offered by trade associations and corporate credit unions in the United States.

The collaboration of organizations in developed and developing credit union industries is vitally important to advancing the international credit union movement. The partnership between MnCUN and CENCOPAN allows for the exchange of knowledge, information, and experiences. In addition, the program helps people in both countries demonstrate the cooperative philosophy of "people helping people.”

To date, the main focus of the Network’s relationship with CENCOPAN has included legislative and regulatory development, technology assessments and internal credit union philosophy. Since the partnership began in 2004, MnCUN and CENCOPAN have coordinated a number of activities, including:

  • Credit union employee internship programs in Minnesota and Paraguay;
  • A credit union technology assessment in Paraguay;
  • A regulatory exchange and examination shadowing involving NCUA, the Minnesota Department of Commerce, and INCOOP, Paraguay’s regulatory body;
  • Meeting with Congressional officials in both countries; and
  • Steady involvement in each other’s Annual Meetings.
When the partnership formed in 2004, both organizations agreed to abide to the program by following mutually beneficial targets. These targets are outlined in MnCUN-CENCOPAN Partnership Benefit Statement.


CENCOPAN Steering Committee Press Release Archive

Nov. 6, 2012 Paraguay reps turn to Minn. CUs for regulatory insights
June 5, 2012 CUs Key to Country's Development, Says Vice President of Paraguay
Dec. 15, 2011 Paraguay credit union reps meet with Minn. government officials
Dec. 12, 2011 Visit immerses Paraguayan reps into Minnesota CU culture
June 2, 2011 Minnesota reps. share insight during international exchange in Paraguay
June 8, 2010 MnCUN praises international partnership through formal statement
June 12, 2009 Minnesota Credit Union Network, WOCCU delegation advocates for Paraguayan credit unions
June 20, 2008  Minnesota CU professionals learn Paraguayan CU philosophy
April 22, 2008  Paraguayan CU professionals visit Minnesota to learn about CU regulations
June 11, 2007  Minnesota Credit Union Network attends 5th international seminar in Paraguay
April 25, 2007  Paraguayan credit union association attends Minnesota CU Network Annual Meeting
Sept. 12, 2006   Two Minnesotans inducted into WOCCU's International Executive Volunteer Corps
June 7, 2006 Minnesotans address credit union annual meeting in Paraguay, meet with regulator
May 3, 2006 Minnesota and Paraguay wrap up credit union exchange program
April 6, 2006 Minnesota and Paraguayan credit unions to launch exchange program
June 15, 2005 Minnesota CU Network board chair addresses international conference in Paraguay
Nov. 18, 2004 Minnesota technology specialist travels to Paraguay
Sept. 30, 2004 Minnesota and Paraguay team up to Hike the Hill
June 3, 2004  Minnesotans attend International Conference and 10th anniversary celebration in Paraguay
June 2, 2004 Minnesota credit union representatives meet with Vice President of Paraguay
March 26, 2004  Minnesota CU Network, CENCOPAN sign partnership agreement with WOCCU
March 25, 2004  Paraguayans discuss ag lending, corporate credit unions on second day in Minnesota
March 23, 2004 Minnesota CU Network introduces CENCOPAN to U.S. league operations
March 18, 2004 Paraguayan credit union association to make its first trip to Minnesota

Committee Members

Dick Nesvold, Chair
SouthPoint FCU
Linda Jacobson
Fulda Area CU
Theresa Malone
St. Paul FCU

Peter Olsen
Ideal CU

Bill Raker

Dan Stoltz


*Mark Cummins
MnCUN Staff

*Kristina Wright
MnCUN Staff