January 26

Madison, WI -- Credit union leaders age 35 and under are invited to apply for the 7th annual World Council of Credit Unions, Inc. (WOCCU) Young Credit Union Peoples Scholarship.

The WYCUP scholarship, which consists of an all- expense paid trip to the 2008 World Credit Union Conference in Hong Kong, will be awarded to five participants at this year’s Conference to be held in Calgary, July 29-August 1, 2007. The top two ranked winners, determined by a judging criteria point system, will also have the opportunity to visit a World Council project a learn more about international credit union development.

World Council aims to ensure the future sustainability of the international credit union system by recognizing and promoting the next generation of leaders WYCUP seeks individuals who have already made significant contributions to the development of their own credit unions, regional or national credit union systems and demonstrate the potential to employ their unique talents on the international level. Credit unions and credit union organizations affiliated with World Council are encouraged to nominate their next generation of credit union leaders to compete for the WYCUP Scholarship.

“The WYCUP program embodies a diverse group of talented and passionate individuals from around the globe. To have the opportunity to meet, network and develop friendships with young leaders dedicated to the growth, success and sustainability of the worldwide credit union movement was and continues to be inspiring,” explained Alison Carr, vice-president, corporate development, Point West Credit Union and 2006 WYCUP winner.

To be eligible for the WYCUP scholarship, nominees must: 1) be sponsored by their credit union or credit union organization to attend the 2007 World Credit Union Conference in Calgary, Canada, 2) be 35 years of age or younger on January 1, 2007, and 3) submit a completed nomination form, with all necessary supporting materials, to World Council no later than June 4, 2007.

In Calgary, WYCUP nominees will be formally recognized as the next generation of credit union leaders and invited to take part in events organized specifically for those ages 35 and under, including a networking session Registrants age 35 and under, regardless of whether they choose to compete for the scholarship, also qualify for a discounted conference registration fee.

For further information about the WYCUP Scholarship visit the World Council website at www.woccu.org/involve/wycup2006. If you have questions regarding the program, please contact Kimberly Johnston, World Council marketing & communications officer, at kjohnston@woccu.org or (608) 231-7409.