In The News

SNCF joins WOCCU …
Taking the High Road to Enhance Our Co-operative Movement

SNCF is the first national-level organisation from Southeast Asia to become a direct member of the World Council of Credit Unions (WOCCU) and can now take advantage of the association’s advocacy efforts and technical support in serving its member credit unions.

With effect from 1 January 2010, as a member we have access to all WOCCU tools; a seat and a vote at WOCCU’s annual general meeting and are eligible to run for a WOCCU board seat. But more importantly, our membership has far reaching benefits as the WOCCU lobbies internationally to improve legislation and regulation specific to credit unions, raises awareness of credit unions and financial co-operatives worldwide and facilitates the global exchange of information and ideas.

Through our latest association with WOCCU, we look forward to many exciting opportunities to make a world of difference in the lives of millions of people around the globe.

SNCF Executive Committee, management and our member credit co-operatives are delighted that SNCF is accepted as one of the members of WOCCU. The Membership to WOCCU signifies that the road taken by SNCF for the credit Co-operative Movement in Singapore is the road towards a higher standard of international best practice and governance.

… and SE Association

SNCF has also joined the newly set up Social Enterprise Association (SE Association). With our strong support and endorsement, all the 73 co-operatives under our umbrella, including the NTUC Group of co-operatives, automatically become members of the SE Association family. This in turn provides further recognition of our co-operatives’ part in the SE community here.

Launched on 20 October 2009, SE Association is an umbrella organisation tasked with the role of promoting social enterprise and social entrepreneurship in Singapore, so as to bring about positive social impact and an inclusive community among Singaporeans. The Association focuses on supporting peerlearning within the social enterprise community, providing capacity-building programmes and business services, and fostering synergistic partnerships among key stakeholders, namely government, business and people sectors to build up individual enterprises and the sector at large.

As members of SE Association, our co-operatives enjoy benefits such as networking events, discounted rates for events, listing on membership directory, e-newsletter feature, business support services, business consultation services and updates on industry trends, issues and government related news. So, bookmark www.SEassociation.sg and look out for upcoming events such as National Public Perception Survey, Networking Meetings, Business Consultation via Social Enterprise Development Centre, Business Support Services, National Publicity Campaign and many more.