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Donate to Hurricane Recovery

Please give to the North Carolina Disaster Relief Fund to help communities recover from Helene Donate Now

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Notices & Approvals

The following information is provided as a service to North Carolina state-chartered credit union industry.

Notices

Alternate Shared Branch & ATM Locations

The widespread damage and destruction caused by Hurricane Helene may affect credit union hours of operations and services in western North Carolina.  If your credit union is closed due to the aftermath of the recent weather events and participates in shared branching, you can visit Co-op Credit Unions to find alternate shared branch and ATM locations.  Our thoughts and prayers are with those whose lives have been impacted by this devastating storm.

Supervisory Fees

Key dates for supervisory sees

The following are key dates for semiannual Supervisory Fees:

  • July 2024 - based on June 30, 2024 assets
  • December 2024 - based on December 31, 2024 assets

Approvals

Dividend Approvals

Please send your request for dividends by the 20th of the month in which you are scheduled to post the dividend along with the most recent financial statements, the rates that you are requesting, the delinquency report, and any other supporting documentation. Additional documentation may be requested in some situations. Please contact Administrator Kristina Ray for further information at kristina.ray@nccud.nc.gov or 984-275-6743.

 

Branch Approvals

Credit unions who wish to open a credit union branch location, should submit a Branch Application form that is inclusive of a business plan with a marketing plan and a 3-year performance plan. Also, include any contracts for purchase, leases, and upfitting & security installations for the desired location.

Please contact the Administrator Kristina Ray at 984-275-6743 or kristina.ray@nccud.nc.gov if you need assistance or have any questions.