Advised by the World Credit and Savings Council and based on the experience in other countries, Fenocoac is interested in establishing alliances with banks.
The alliances would be in the sense that the members of the cooperatives can make deposits or withdrawals from bank branches countrywide.
Elio Armando Estrada, president of the of Administrative Council of the National Federation of Credit Unions (Fenocoac), added that even though they have their own ATM's they are also looking to join the national network, using debit cards and issuing a local and international credit card.
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