WCUC25: Macedonia's Elenora Zgonjanin Honored for Establishing Credit Union Movement to the Region Despite Challenges...

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Susan Mitchell, CEO at Mitchell Stankovic & Associates; and Elenora Zgonjanin Petrovikj, CEO of North Macedonia's FULM Savings House, joined us in the Studio Lounge to share highlights from the Global Women's Leadership Network Forum -- as well as Elenora's significant contributions attending and participating in this annual event at WCUC.

Susan highlighted Elenora's career accomplishments most notably the establishment of the credit union movement in Macedonia and its impact on financial choices in the area.

Q&A summary:
What is the significance of the World Council of Credit Unions in establishing cooperative systems in countries like Macedonia?
The World Council of Credit Unions plays a crucial role in setting up cooperative systems, helping countries like Macedonia develop their credit union movement from scratch, which has led to significant financial choices for the people in the region.

What impact has the credit union movement had on the lives of individuals in Macedonia?
The credit union movement has changed lives by offering people the choice between saving in banks or credit unions, which has empowered students, farmers, and small businesses.

How has technology influenced the services offered by credit unions in Macedonia?
Technology has transformed credit union services from basic past books to mobile apps, enhancing accessibility and convenience for users.

What is the vision for the future of credit unions in Macedonia?
The vision emphasizes combining digitalization with a human touch, ensuring that credit unions remain sustainable while meeting the needs of their members.

What challenges do credit unions face in maintaining their core principles while adapting to modern needs?
Credit unions must balance the need for innovation and digitalization with their foundational cooperative principles to ensure they serve their communities effectively.

Check it out and let us know your thoughts. And be sure to visit our 2025 WCUC Studio Lounge interview archive page for more episodes of our conference coverage -- which was hosted/sponsored by World Council of Credit Unions, Worldwide Foundation for Credit Unions, and Visa.