Transitioning to independence in the Pacific

A decade ago, CUFA helped establish the Oceanic Confederation of Credit Unions (OCCUL), a membership organisation with the purpose to assist financial cooperatives, village banks and credit unions in the Pacific region with technical assistance, alongside the annual Pacific Credit Union Technical Congress.

Now, CUFA is proud to announce that as of 1 July 2017, the Oceanic Confederation of Credit Union will become independent!  Board representatives from Fiji, Papua New Guinea, Federated States of Micronesia, the Solomon Islands, New Zealand and Australia met to sign the Deed of Arrangement to transfer ownership and governance functions from CUFA to the OCCUL Advisory Board. The transition from establishment to independent governance is a major step forward for OCCUL, and we’re delighted to see the transition!

CUFA wishes the OCCUL team a successful future. If you would like to find out more about the Congress, held in October 2017 in Nadi, please visit occul.org or email Secretariat Officer, Luse Tamani, at luse.tamani@cufa.org.au.