Credit Union Press Releases

In October 2011, State Employees’ Credit Union announced its support of The Pew Charitable Trust recommendations to the Consumer Financial Protection Bureau of full and fair disclosure of checking account policies and fees at all financial institutions. Recommendations included full and concise fee disclosures, reasonable and proportional overdraft fees, and elimination of transaction reordering for maximization of overdraft fees.

Coastal Federal Credit Union received the 2012 Model Bank Award from Celent Research Services. Celent’s annual Model Bank report recognized Coastal as a pioneer in deploying uGenius Video Banking technology for its branch operations.

2012 Survey results showed 98% of SECU member respondents were satisfied with their credit union, of which 90% marked “very satisfied.” More notably, however, was the 60% of SECU members who indicated “high loyalty” to their cooperative, which is above the previous year’s figure and nearly doubles the credit union peer average of 32%.

Allegacy Federal Credit Union recently honored 20 employees with Synergy Service Awards for their dedication and work performance.

The Larry Johnson Order of Merit Lifetime Achievement Award is the highest individual credit union honor recognizing an individual who has dedicated his career to promote the credit union philosophy, and whose leadership to North Carolina credit unions and related organizations has sustained throughout his career.

The Larry Johnson Order of Merit Lifetime Achievement Award is the highest individual credit union honor recognizing an individual who has dedicated his career to promote the credit union philosophy, and whose leadership to North Carolina credit unions and related organizations has sustained throughout his career.

The Ronald J. Hutchins Award is given each year to a credit union professional and volunteer in order to recognize their outstanding accomplishments, time and effort given in support and promotion of the credit union ideal of people helping people. A committee made up of statewide credit union leaders selected Donley to receive the award.

The Ronald J. Hutchins Award is given each year to a credit union professional and volunteer in order to recognize their outstanding accomplishments, time and effort given in support and promotion of the credit union ideal of people helping people. A committee made up of statewide credit union leaders selected Hamilton to receive the award.

LGFCU received second place for the statewide Louise A. Herring Philosophy in Action Member Service Award for a debit card that benefits NC State Firemen’s Association (NCSFA). The award recognition came at a special banquet held June 11th at the 77th Annual Meeting of the NC Credit Union League.

NCCUL honored SECU for community involvement and service to its membership in 2011. SECU won the statewide Dora Maxwell Social Responsibility Award and the Louise Herring Philosophy in Action Member Service Award. SECU received the awards at the NCCUL’s Annual Meeting in Pinehurst.