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CU System
LGFCU helps fire department with MBL
GREENSBORO, N.C. (12/26/08)--Local Government FCU, Raleigh, N.C., provided a member business loan to the Swannanoa Volunteer Fire Department so it could purchase its first ladder truck, said the North Carolina Credit Union League. The loan also inspired the department’s firemen to join Local Government FCU, according to Fire Chief Anthony Penland. “Thirty-seven of our firefighters are members,” he said. “It’s just a great place to be.” It was much easier getting a loan with the credit union for the truck than it was with other financial institutions. “[At the other institution] we had to jump through a lot more hoops,” Penland said. “What a great loan, and what a great rate we got also.”

Swannanoa VFD Ladder Truck from Jeff Hardin on Vimeo. To see a video of Penland talking with the league about the loan, use the link.
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