Thanks for this insight.
On Apr 10, 2023, at 2:16 PM, Jo Leimenstoll <firstname.lastname@example.org> wrote:
Dear Representative Harrison,
I am one of your constituents in Guilford County and I am writing to encourage you to oppose H. 410 Credit Union Updates. The bill will impact over five million North Carolinians, who are members of credit unions and I do not believe this legislation is in our best interests.
As a UNCG Professor Emerita, I am a long-term member and supporter of the NCSECU whose motto has been “Do the Right Thing.” I believe in the principles that credit unions (versus banks) represent including limited membership requirements; a member-controlled, non-profit cooperative; and a primary focus on serving individuals of modest means. Unfortunately, the proposed bill calls for unlimited membership for individuals and corporations and diminishes local, member-cooperative control. It also moves the focus away from serving North Carolina members of modest means and away from reflecting local priorities and needs.
If you would like to learn more about the debate over credit unions in North Carolina (especially the State Employees’ Credit Union and Local Government Federal Credit Union), please take a look at this blog www.secujustasking.com.
I urge you to give serious consideration to H. 410 and the impact it would have on your constituents. Thank you for your ongoing service to and for our community.
Jo Ramsay Leimenstoll