REGULATING AGENCY: North Carolina Credit Union Division
- Rose Conner, Administrator
- Tim Merritt, Assistant Administrator
- Website: nccud.org
LEAGUE: Carolinas Credit Union League
STATS: (As of Dec 2020)
- TOTAL # SCUs: 30
- TOTAL # FCUs: 37
- SCU % OF TOTAL (SCUS #/STATE TOTAL #): 45% of 67 NC CUs
- TOTAL $ SCU ASSETS: $51,981,643,598
- TOTAL $ FCU ASSETS: $17,856,591,774
- TOTAL ASSETS: $69,838,235,372
- SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 74%
FUN FACT: The Biltmore Estate in Ashville is America’s largest home, and includes a 255-room chateau, an award-winning winery and extensive gardens.
League Works to Update NC, SC State Credit Union Acts
April 8, 2021 — In January, the Carolinas Credit Union League helped introduce updates to both the North and South Carolina state credit union acts to improve and modernize the statutes in each state.
In North Carolina, the League worked with League members and the NC Credit Union Division to modernize the state credit union statutes. Together with Brian Knight, National Association of State Credit Union Supervisors (NASCUS) executive vice president and general counsel, the League is assessing North Carolina’s current statutes and looking to developments across the country for best practices and improvements.
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Click here to take a look at the stories that have been collected over the years in North Carolina.
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