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Cornerstone CUs to Host Brazilian Delegates in September
Thursday, July 31, 2014 7:00 AM

Twelve Credit union executives from Sicredi, a leading financial cooperative group in Brazil, will spend two-and-a-half weeks in September learning about the U.S. credit union system. The group of 12 mid- and upper-management staff was carefully chosen to participate in this customized and targeted learning experience – a key initiative of the World Council of Credit Unions’ international partnership program between the Cornerstone Credit Union League (League) and SICREDI.

The delegates will attend the Cornerstone Credit Union League’s Leadership Conference & Expo Sept. 4-6. Afterwards, they will be split up into three groups and “shadow” staff at host credit unions to garner a deeper and expansive knowledge of how credit unions in the U.S. operate. Host credit unions include:

  • Alamo FCU
  • Generations FCU
  • River City FCU
  • Select FCU
  • San Antonio FCU
  • Security Service FCU
  • St. Joseph’s CU
  • Texas Workforce CU
  • United SA CU

Since signing the partnership in 2010, Sicredi has sent delegates to the Cornerstone region on several different occasions, including their October 2013 visit, where they interned at credit unions in Arkansas, Oklahoma and Texas.  Over the course of that three-week internship, the Sicredi delegates learned about governance, economic empowerment, technology, risk management, and social responsibility.

Additionally, a group of seven credit union executives from the Cornerstone region participated in a two-week internship in Brazil earlier this year.  

“We are just thrilled that our credit unions remained committed and engaged in our international partnership,” notes Cornerstone CEO Dick Ensweiler. “Participating in the internship provides a tremendous opportunity to exchange ideas and knowledge. While they are coming here to learn about the U.S. credit union system, we too have the opportunity to learn from them. They are a highly sophisticated organization, and I am particularly impressed with how they leverage their cooperative structure.”  

The Sicredi delegates for the September 2014 internship include:

  • Flavio Silva de Araujo
  • Willian Rafael Vianna Bonin
  • Michelli Regina Davóglio
  • Suzane de Almeida
  • Lucas Barbosa Fedel
  • Ezequiel Fuhr
  • Geovane Martini
  • Eduardo Mireski
  • Simone Felber Morales
  • Elisabeth Nikolofski
  • Adriana Turatto Salla
  • Walter Luiz Silva

Sicredi is one the major cooperative systems in Latin America, and is distributed in 10 Brazilian states. To fully meet needs of members, Sicredi credit cooperatives are structured regionally into offices and receive strategic and technical expertise of Sicredi Confederation, Sicredi Cooperative Bank, Sicredi Credit Foundation and their holding company, which is the entity responsible for determining among other things compliance ethics and audit policies.  Sicredi has a unified brand, as well as standardized policies, procedures and bylaws.  Despite their shared identity, every Sicredi cooperative is still a unique and local institution, just credit unions in the U.S.