Media Hub
Change Font Size:

SNCF Delegation at 2019 World Credit Union Conference

sncf delegates


Over 2,100 attendees from 61 countries converged at the 2019 World Credit Union Conference (WCUC 2019) in The Bahamas, July 28-31. 


WCUC is the only conference that has a global focus on improving lives through credit co-operatives. Organised by the World Council of Credit Union, the conference provided a platform to brainstorm ideas to advance credit unions and discuss innovative solutions for emerging challenges in the industry.  


Besides hearing from top industry professionals and experts on the latest practices, strategies and trends in the educational sessions, participants also got to network and forge connections internationally. 


The 2019 World Credit Union Conference is presented in collaboration with the Caribbean Confederation of Credit Unions (CCCU).



ica prez bc3

As part of his official visit to Asia from 21 July to 1 August, the President of the International Co-operative Alliance (ICA) Dr Ariel Guarco visited Singapore on 22-23 July. Dr Guarco, who belongs to the Federation of Electric Co-operatives and Public Services (FEDECOBA) and the Co-operative Confederation of Argentina or COOPERAR, was elected as President by the 2017 ICA General Assembly. He was accompanied by International Co-operative Alliance Asia and Pacific Regional Director Mr Balasubramanian Iyer, and Senior Advisor to the ICA President Ms Gabriela Buffa.

The 12-day official tour will take him to Thailand, Singapore, Indonesia, China, Korea and Japan with an objective of sharing and learning about co-operatives globally. These six countries are home to some of the oldest and most vibrant co-operative movements in the world. They have a long-standing history of contributing to the economic, social and political development of their countries. Co-operatives from Indonesia, Japan, Korea, and Singapore figure in the World Co-operative Monitor which ranks the Top 300 co-operatives in the world in terms of turnover and turnover/GDP per capita. Co-operatives in these countries are not only improving livelihoods and contributing to the GDP, but also actively contributing to the attainment of the Sustainable Development Goals (SDGs).


Ica Prez SncfICA President Guarco and his team made their first stop at the Singapore National Co-operative Federation (SNCF), the apex body of Singapore Co-operative Movement and secretariat of the Central Co-operative Fund (CCF) Committee. 


They were briefed by SNCF CEO Ms Dolly Goh and her team on the co-operative landscape in Singapore, and the role played by SNCF in promoting and developing the movement. SNCF, formed in 1980 with the aim of championing Singapore Co-operative Movement, represents 99% of co-operative members in Singapore through its 66 affiliated co-operatives.

ica prez health 1

Next, they visited NTUC Health Co-operative Wisma Geylang Serai facility where the CEO Ms Chan Su Yee and her team presented how volunteers form an integral part of their integrated approach to the seniors' physical and mental needs. After the Q&A session, the ICA delegation was given a tour of the facility. 


Ica Prez Health 2NTUC Health Co-operative is one of Singapore’s largest eldercare service providers and operates a chain of dental clinics. Building on more than four decades of experience and expertise,  NTUC Health Co-operative provides an integrated suite of health and eldercare services to meet the growing needs of families and their dependents. These include senior day care, nursing homes, active ageing and home care. Its goal is to enable individuals to age well within their communities and homes, empowering them to keep in good health, build social networks and continue to do the things they enjoy.

ica prez lunch 1

During lunch the ICA delegation was able to learn and exchange ideas with Mr Yeo Chun Fing, SNCF Second Deputy Chairman and Chairman of AUPE Credit Co-operative, Dr Leong Choon Kit, Chairman of GP+ Co-operative, and Ms Adeline Kee, Head of Finance of NTUC Health Co-operative. SNCF Campus and Youth team were able to share their stories with the ex-youth representative to ICA Global Board, Gabriela.


Ica Prez Mccy RcsAfter lunch, the ICA President held a meeting with Deputy Secretary & Head of Strategic Department of Ministry of Culture, Community and Youth Philip Ong, Registrar of Co-operative Societies Ms Kristy Ho and teams before heading to the SNCF Bicentennial Pop-art event at AMK Hub.


Ica Prez Bc3 2The Bicentennial Pop-art event is part of a series of art-themed pop-ups by the Singapore National Co-operative Federation in conjunction with The Singapore Bicentennial. It is the third in a series of four art-themed pop-ups titled “Coming Together as One Through Art” by SNCF.


The ICA delegation also visited the various NTUC co-operatives located at the AMK Hub.




Ica Prez LhubThe visit ended at NTUC LearningHub Co-operative where they met CEO Mr Kwek Kok Kwong and team. They were given a briefing on the NTUC LearningHub Co-operative, one of Singapore’s largest continuing education and training providers. NTUC LearningHub Co-operative aims to democratise knowledge and skills. It generates its own content and works with world-leading content providers, making them accessible to workers. It strives to equip workers with Adaptive, Technology and Technical Skills to stand ready for Industry 4.0.

By the end of the visit, the ICA delegation have a better understanding of the Singapore Co-operative Movement, and the operating landscape.

Coming Together As One Through Art

coopsiol ntuc interior lattice r

How much can you stretch your dollar? With NTUC Co-operatives and Social Enterprises, you can stretch far!

In conjunction with the Singapore Bicentennial, the Singapore National Co-operative Federation (SNCF) rolled out its third series of pop-art event - "Coming Together As One Through Art" to raise awareness about co-operatives and their contributions to Singapore’s nation-building efforts. And yes, you got it right. The theme of the third edition of the pop-art was “Stretch Your Dollar”.

Stretchnwin Dollyyeo R
    Image source: @dollyyeo

Just to prove the co-operative’s view point, a pop-art event had visitors give their best stretch at the sit-n-reach booth to win prizes!

coopsiol ntuc launch ng chee meng r

The third pop-up art event was launched outside the Ang Mo Kio Hub Shopping Mall on 12 July at 4.30pm by NTUC Secretary-General (Sec-Gen) Ng Chee Meng. What was particularly significant about this event was that SNCF also commemorated the International Day of Co-operatives, by showcasing how NTUC co-operatives provide jobs or work opportunities to Singaporeans. 


Reflecting on his younger days, Sec-Gen Ng recounted how as a six-year-old boy, he would excitedly help his mother carry sacks of rice from the NTUC Fairprice (then called NTUC Welcome) outlet at Leng Kee Road. “The impact of co-operatives all through our nationhood has been central. It made us a more inclusive society before the word was even invented because it made real impact to middle class families.”

Sec-Gen Ng discovered that the co-operative movement in Singapore predates the birth of Singapore as a nation, with its first co-operative formed on 7 October 1925. Impressed by its strong history, he is confident that SNCF, together with all co-operatives will “chart society forward, to build ourselves to be more inclusive, to make sure that our services in Singapore are accessible and affordable to the common man and woman on the street, so that we will build a successful Singapore for all Singaporeans, regardless of class and background.”

Coopsiol Ntuc Timeline R1Dating back to the 1970s, NTUC first established co-operatives as a follow up to the 1969 NTUC Modernization Seminar, to combat profiteering and to provide affordable goods and services for workers.

Today, NTUC co-operatives deliver an integrated suite of services to meet specific needs of people in Singapore at every stage of their lifecycle - from healthcare to eldercare and childcare; from providing quality training to daily essentials, food and financial services.

All about NTUC Enterprise Co-operatives could be learnt through entering the art installation booth, which runs till 4 August 2019. Visitors could snap instagrammable art elements at the event, and participate in fun activities.

 coopsiol ntuc interior lattice 2 r  coopsiol ntuc interior stretch your dollar 2 r

We heard from Margaret Teo, a volunteer with Ang Mo Kio RC Zone 4, on her experience: “Through this pop-up art installation, I learnt how NTUC co-operatives started. Most people think that NTUC co-operative is only about the supermarket. I didn’t know that there’s so many other co-operatives under NTUC that meet different needs. I also discovered about the co-operative movement in Singapore and about the role of SNCF. It’s so rich in history dating back to 1925!”

Coming Together as One Through Art initiative will culminate with a final event in September this year. To close the Finale, a three-day carnival will be held from 18 to 20 October 2019 and will be graced by President Halimah Yacob.

Worldwide Foundation campaign will establish forward-prepared fund for credit unions



The Worldwide Foundation for Credit Unions, the international and charitable arm of World Council of Credit Union, will officially launch Project Storm Break at the 2019 World Credit Union Conference (WCUC 2019) in The Bahamas, July 28-31, in partnership with the Caribbean Confederation of Credit Unions


The Worldwide Foundation seeks to raise US$100,000 for the Project Storm BreakDonations can be made on the Project Storm Break campaign page or by texting the keyword “STORMBREAK” to 44-321.The funding will be used to help impacted credit unions in the immediate aftermath of a natural disaster.


“This is the first time we are proactively asking for donations from individuals and institutions who see value in getting ahead of the storm, because it’s not a matter of if, but when, the next disaster will strike,” said Mike Reuter, executive director of the Worldwide Foundation. “Past relief campaigns have put out the call worldwide after a disaster, but invariably, people on the ground are suffering within minutes or hours of a storm, earthquake or fire. Having the resources on hand to send immediately, or even in advance to credit union systems so they can be more proactive, is central to Project Storm Break’s purpose.”


A number of credit unions and individuals have already made contributions to the fun ahead of the its official launch. These donors, namely Indiana Credit Union LeagueCarolinas Credit Union FoundationUnitus Community Credit Union, Steve & Michelle Stapp, Jamaica Teachers Association Co-operative CU Limited and Richard Miller will be recognised for their pledges and support on stage with their global peers at WCUC 2019.


Credit union disaster relief response has always been a core pillar of purpose for the Worldwide Foundation. Since 2015, relief efforts have raised more than $350,000 to assist credit unions responding to disasters in Nepal, Ecuador, Dominica and Puerto Rico.



This article is adapted from WOCCU press release. 



sncf thai visit 1 r

The Singapore National Co-operative Federation (SNCF) welcomed a 31-member delegation from Thailand on 19 July 2019. 

SNCF CEO and senior managers hosted the delegation which comprised Chairmen and co-operative leaders from agricultural, land settlement, fishery, saving and credit, service, consumer, and credit union co-operatives. CLT is the national apex organisation of co-operative movement in Thailand. It has been organising learning visits and training courses for its members for the past 13 years.

The Thai delegates were keen to learn about the co-operative movement in Singapore in terms of its management structure, and business performance especially in the consumer and financial sectors. 

The healthy exchange during the Q&A session was lively and dynamic, with the delegates posing questions relating to co-operatives in Singapore like the operating environment, the type of support they received etc.

sncf thai visit 2 r

News Highlight

SNCF Triennial General Assembly (TGA)
SNCF Triennial General Assembly (TGA)

    The Singapore National Co-operative Federation will be holding its 14th Triennial General Assembly on:

Date:  &nb [ ... ]

Read More ...
SPEC: Solving Performance Problem Coaching and Cou...
SPEC: Solving Performance Problem Coaching and Counselling

National Silver Academy (NSA) Course Details
Training Provider: Singapore Professionals and Executive Co-operative Limited   Course Details
 [ ... ]

Read More ...
SPEC: Relationship Building-Communication and Moti...
SPEC: Relationship Building-Communication and Motivation

National Silver Academy (NSA) Course Details
Training Provider: Singapore Professionals and Executive Co-operative Limited   Course Details
 [ ... ]

Read More ...
Other Articles

coop logo green text inverse

Singapore National Co-operative Federation
510 Thomson Road #12-02
SLF Building, Singapore 298135
Email: [email protected]
Tel (65) 6602 0747, Fax (65) 6259 9577

Like Us on Facebook

2019 SNCF footer Facebook img


Get the latest Co-op news and events here. Signup now.

I agree with the Terms and Conditions
Read our Privacy Policy.