IR net Key member of Pres. Leaders of the World Council of Credit Unions have already seen the potential in this market and established a new service for American immigrants called the International Remittance Network, or IRNet. It comes at a most opportune and historic time for both of our nations.
Immigrants represent an important and growing segment of the American workforce.
Those numbers represent the highest percentage of immigrants in the US since the 1930s. South of the border, migration issues rank as national priorities, and international remittances are high on President Fox's agenda. The new president understands the value of credit unions. He encourages their growth as governor of the Mexican state of Guanajuato and had invited top credit union leaders to the decision-making table to help chart a new course for the future of North America. In 1999, remittances ranked as Mexico's third largest source of revenue, ranking up with manufacturing, oil, and tourism.