Not sure if the Carolinas' Credit Union League (CCUL) has fully informed our State Legislators about the new "financial desert" that will be created next year for over 400,000 North Carolinians.
The CCUL, which is widely suspected of serving as a willing pawn for SECU on H. 410, probably has simply "forgotten" to mention "that little matter" - the disastrous, unsolicited "no formal" merger proposal, with which SECU carpet-bombed North Carolina local government employees last year.
Lets look at the results of that bizarre bit of unconscionable recklessness by SECU:
1.) Colors indicate the North Carolina counties where members of Local Government FCU (over 400,000+ N.C. municipal and county employees - and their families!) currently have access to a credit union branch office in 2023. (100%!)
2.) Colors indicate the North Carolina counties where those 400,000+ local government members will have access to a credit union branch office in 2024. (Zero%!)
So, while the CCUL is berating the bankers for closing down 600 branches over the last 10 years (many in urban areas as the result of mergers!), North Carolina credit union members are having the plug pulled on 250+ branches in just one year... kinda looks like a "financial desert" for those folks!
Naw, that can't be, right? That would be... well you know... preposterous!