Association of Asian Confederation of Credit Unions (ACCU) provided the modest online celebration for its 50th year Anniversary on April 28, 2021, together with approximately 160 participants from 23 countries. FSCT also joined the event as Regular Member.
Since 1971 to date, ACCU serve more than 21,947 credit unions with 38.1 million individual members in 26 countries in the region, along with 34 affiliates promoting credit union in Asia. Membership to ACCU is open to national credit union leagues/federations or other national cooperative financial or similar organizations that follow international credit union operating principles and with member of at least 20,000 individuals or one percent of the population of the country where the organization operates.
Vision:
Sustainable Credit Unions in Asia
Mission:
ACCU works in partnership with its members to strengthen and promote credit unions as effective instruments of socio-economic development of the people.
Core Values, its commitment to members and partners: Dynamism, Innovation, Learning, Quality and Solidarity.
Milestone
1971-1980 Motivation: Setting Credit Union Ideals in Motion
1981-1992 Leadership Development: Sacrifice, Perseverance and Cooperation
1993-2006 Professionalization: Think-Tank and Setting Foundations for Credit Union Development (30 CU Business Solutions)
2014 onwards Integration of Credit Union Networks: Sharing of resources, Standardization, Contractual solidarity, and Governance and discipline