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News Now

CU System
N. Carolina bill earmarks fin ed funds for three CUs
RALEIGH, N.C. (5/23/08)--A bill that would appropriate financial literacy funds through three North Carolina credit unions has been introduced in the state legislature. Senate Bill 1728 would appropriate $2.5 million for the 2008-2009 school year to the North Carolina Minority Support Center Inc., to expand economic development lending and financial literacy. The funds would award economic development loan funds to $20 million asset Generations Community CU, Durham; to the $8.6 million asset Greater Kinston CU, Kinston; and the $27.4 million asset First Legacy Community FCU, Charlotte.


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