Sunday, April 30, 2023

H. 410 - Credit Union "Updates" - Designed To Deceive #3 - The Red Herring - " The Con-Census Map" 


 ❓What is so important in H. 410 that the Carolinas' Credit Union League (CCUL) is willing to sacrifice anything and anybody to get it passed?

The first slice of the red herring filet served up by the Carolinas' Credit Union League was the "Maybe Baby" head fake (see the 4/29 post) on serving low income folks in North Carolina.  Hope you agree that smells mighty fishy!

The second serving, in CCUL's effort to distract and mislead, is that now infamous "financial desert" map, which purported to show all the places in North Carolina where folks didn't have access to financial services. That "financial desert" map, - which coincidentally, when you did an overlay comparison with a map of our national and state parks, bogs, swamps and national forest preserves matched up almost identically - also smells of fish!. But, lets take a slightly different look at the whole idea behind that map. 

Here are the proposed changes in H. 410: [here's where you can see the full bill

§ 54-109.28. Other credit unions.unions and specially designated common bonds. [Changes are underlined]

 (2)Persons residing in census tracts in North Carolina where the center of population, as defined by the United States Census Bureau, is more than 8 miles from a bank branch, as defined in G.S.53C-1-4(11). 

 👍Believe the actual "financial desert" map (see 4/15/16 posts) has been ridiculed enough, so lets look at this change in membership language from a different viewpoint. How do you determine who becomes eligible under this expansion? When a person walks in to join, you need to determine at least 3 things under this proposed law: 1) which census tract the person lives in, 2) where the population center of that census tract is, and 3) where the nearest bank branch within 8 miles is located? This is simply, to use Dan Schline's favorite phrase, "preposterous"... or does this little bit of foolishness also smell of fish? Who came up with this preposterous Rubik's cube - and why?

Couple of simple questions for you:

1) How many census tracts do you think there are in North Carolina? My guess was about 200 - one for each county, plus 10 or 15 more for each of our higher population areas - Charlotte, RDU, G'boro/W-S, Asheville, Wilmington, Fayetteville, Hickory, Greenville - so @ 200. What's your guess? [check the Duck!]

2) Do you know which census tract you live in?

3) Do you know where the center of the population is in that census tract (in which you don't know you live)?

4) So how would just regular North Carolina folks ever determine they might be eligible for membership in a credit union? And, does "the desert" change as new homes are built and population centers change or (heaven forbid!) a North Carolina community bank decided to open a branch out toward the "desert"?

So is this change "for real" or just a sham? Another "con" - The "Con-census" Map - contrived by Dan Schline and the CCUL to give the illusion of "con-cern" for lower income folks and imaginary "financial deserts" in North Carolina?

Guess just like the "Maybe Baby",  the logic and practicality of the "Con-census Map" doesn't really matter if they are "red herring" never actually intended for use. Just more...

 Videri quam esse! - "To seem, rather than to be!"


... there are 2,195 census tracts in North Carolina!!!

This fish is beginning to reek of rot.



  1. Didn't the NC bankers sue (and win) when SECU allowed memberships for local government employees in small communities not served by existing CUs? (hence the birth of LGFCU)

    1. Schline and Hayes taking us back to the 1980's again, just to benefit themselves. They're not doing this for the credit unions or the Members, look at the damage done to SECU and LGFCU over the past year.

    2. After all, SECU needs to "get it's groove back". ;) But seriously. If certain folks couldn't join back then because there wasn't a sufficient common bond, it doesn't make sense to change that now.