Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
North Carolina league testifies on underserved
GREENSBORO, N.C. (11/24/08)--Dan Schline, North Carolina Credit Union League senior vice president of association services, testified Thursday about North Carolina credit unions’ role in helping underserved North Carolinians. Schline testified before a special study committee of the North Carolina General Assembly. The assembly is looking for new ways to give North Carolina residents stable and affordable access to financial services, according to the league (Weekly Update Nov. 21). “It’s important for legislators to know that many of the programs that they’re exploring are already offered by credit unions,” Schline said. “Hopefully the committee came away with a sense of how credit unions save North Carolina consumers more than $500 million dollars annually, and we are eager to help as many North Carolinians as we can to financial freedom.” Schline noted credit unions’ special programs to help members. Allegacy FCU, Winston Salem, offers the “Totally Free Checking” program, State Employees CU, Raleigh, offers a salary advance loan program, and Marine FCU, Jacksonville, has boot camp program. Schline also told the committee that credit unions provide small loans and member education. The committee also heard testimony from community credit lending institutions and consumer advocates. Eventually it will suggest legislative solutions to help North Carolinians’ access to financial services.
Other Resources

RSS print
News Now LiveWire
From @FHFA this a.m.: U.S. house prices up 0.5% in Aug. on seasonally adjusted basis from previous month. More here: http://t.co/1yVDOPggeX
24 minutes ago
@TheNCUA open meeting is slated to start at 10 a.m. ET. Should be a quick one. #NewsNow http://t.co/rfYjnat7eI
1 hours ago
Mass. CUs in unanimous vote joined RI and NH CUs in approving merger of the 3 state leagues 2 form the Cooperative Credit Union Association.
1 hours ago
.@RepDennyHeck to @NWCUA Amplify conference audience: "More often than not, CUs are part of the solution"
20 hours ago
LA Laker and NBA Legend Earvin "Magic" Johnson was the keynote speaker Tuesday @CCULReach, hosted by the Cal/Nev #CreditUnion Leagues
20 hours ago