Association of Asian Confederation of Credit Unions (ACCU), collaboration with Nepal Federation of Savings and Credit Co-Operative Unions Ltd. (NEFSCUN) and VYCCU Savings and Credit Co-operative Ltd. (accredited ACCESS Branding by ACCU), hosted 2021 Virtual Credit Union Study Visit Program in Nepal on April 5, 2021. The 87 participants composed of Nepal, Sri Lanka, Republic of Korea, Thailand, Philippines, etc.
VYCCU, a member of NEFSCUN, is a sole-purpose (working in the field of saving and credit) co-operative institute and established in 1992 with the active participation of 26 shareholders. VYCCU has strictly complied with Sustainable Development Goals (SDGs) on No Poverty, No Hunger, Good Health, Quality Education, Gender Quality, and Good Jobs and Economic Growth in order to improving the quality of life of its member and business.
Theme: Happy and Healthy Member
Vision: The First Choice of The Community, excellent financial co-operative
Mission
- Good governance, competent, technically sound service
- Healthy and Happy member, non-financial services
- Reasonable, affordable innovative financial services
- Strong Institutional Structure (Marketing Risk management, Human Resource Management Member Extension)
- Advocacy and lobbying
Products and Services
A. Financial Services
- Savings
- Credit
- Remittances
- Utilities Payment
B. Non-Financial Services
- Social Development Program
- Social Security Program
- Literacy and Counseling
- Welfare Program
- Promotional Program
- Advocacy and lobbying
- Entrepreneurship Development
Besides, VYCCU provides Debit Card, ATM, Point of Sale (POS), VYCCU Smart Banking (Online and Offline Service such as Top Up, Mobile Banking, Utility Payment, Book Flight, Cashless Payment Service by using QR Code, etc.), VYCCU Mobile Teller to its member. VYCCU has its own system to operate the business can be seen hereunder.
Core Banking Solution: Infinity Software
- Web Base
- VPN Security
- IP Security
Cloud Computing Technology:
- Data Store
- Data Backup
Branch Less Banking Service (BLB):
- Fast Transaction
- Time Saving
- Reliable
- Easy to use
