North Carolina
REGULATING AGENCY: North Carolina Credit Union Division
North Carolina State Capitol
- Kristina Ray, Administrator
- Website: cud.nc.gov
ACCREDITED: 1992
LEAGUE: Carolinas Credit Union League
- Dan Schline, President / CEO
- Website: carolinasleague.org
PRIVATE SHARE INSURANCE: No
2023 STATS
- Largest SCU: STATE EMPLOYEES’ CU $49.62B in assets
- Largest FCU: COASTAL FCU $4.82B in assets
| Second Quarter 2023 | SCUs | FCUs | Total CUs | % of SCUs/Total |
|---|---|---|---|---|
| Total Credit Unions | 30 | 33 | 63 | 47.62% |
| Credit Union Members | 3.26M | 1.74M | 5.00M | 65.19% |
| Credit Union Assets | $56.49B | $23.01B | $78.50B | 70.69% |
FUN FACT
Grandfather Mountain, the highest peak in the Blue Ridge, is the only private park in the world designated by the United Nations as an International Biosphere Reserve.
RECENT NEWS
Coastal Credit Union Foundation Grant Erases $2.2 Million in Medical Debt
The Coastal Credit Union Foundation announced that a grant to RIP Medical Debt has helped erase nearly $2.2 million in medical debt owed by central North Carolinians. RIP Medical Debt’s purpose is to reduce the burdens of low-income individuals with limited capacity to pay their medical bills. They use donations to buy bundled debt at a steep discount and then forgive it. The organization pinpoints relief to households earning less than four times the federal poverty level or whose debts are 5% or more of their annual income.
STORY ARCHIVE
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