... watch closely!
✅ If you've listened to the hype "ginned up" on "H.187 The CU Update Act", you may have come to believe that N.C. state-chartered credit unions are prohibited from offering business accounts to their members.
😎 Well if so, you've been misled - purposefully. Why do you say that? Prove it!
Okay, lets do just that! Start by going to the North Carolina Credit Union Administrator's website [link NCCUD]. The Administrator is responsible for enforcing N.C statutes, rules and regulations which apply to credit unions. One would assume she is faithfully doing just that.You'll note in the directory there are 29 state-chartered credit unions remaining in North Carolina The website of each CU is listed.
If you peruse the websites, you'll find if you live in Western North Carolina you can open your business checking account at Champion CU [link Champion CU], in Charlotte over at Nova CU [Nova CU] , in the east at Telco Community Credit Union [Telco Community CU] or at Weyco Community CU [link WEYCO]. Perhaps you need merchant services or a business Mastercard debit card, then Mountain CU [Mountain CU] is your place. Get a "Micro business loan" at Latino CU [link Latino CU] in Durham. Need a business credit card, try Piedmont CU [Piedmont Advantage CU], serving everyone in Greensboro, Winston-Salem, Charlotte and well beyond!
Haven't even mentioned North Carolina's most illustrative and innovative small business financial lender ever - which happens to be an N.C. state-chartered credit Union - Self-Help CU [here check them out, too]
😎 What is H.187 really about? Just tell the truth, it won't hurt!
... hate being continually treated like a "pea brain", don't you?
