Contact Us   |   Sign In   |   Register
Sitewide Search
Sign In

Forgot your password?

Haven't registered yet?

Latest News

1/1/2015 » 12/31/2015
MACCU Membership - 2015 Annual Dues

NCUA/SBA Webinar: Balancing MBL Portfolios with SBA Guarantees

3/8/2015 » 3/12/2015
CUNA 2015 Governmental Affairs Conference

3/9/2015 » 3/12/2015
Consumer Lending School

North Piedmont Chapter of CUs - March10 Meeting

Seven Principles Blog
Blog Home All Blogs
In 1844, a small group of weavers from Rochdale, England created the blueprint for how their newly-formed cooperative would operate and serve the local community. These values, known as the Seven Cooperative Principles, serve as the operating guidebook for credit unions and cooperatives throughout the world. This blog was created to honor that legacy and to showcase the everyday efforts of credit unions in the Carolinas that embody the cooperative mission and purpose.


Search all posts for:   


Top tags: Principle Seven  Principle Five  Principle Six  CUaware  Coastal FCU  Credit Unions  CU Lunch Local  Piedmont Chapter  Self-Help Credit Union  Credit Union History  CUaware Protégé  CUDE  Durham Co-op Market  Hub City Co-op  Members Credit Union  Mountain CU  National CU Foundation  Palmetto First FCU  Pee Dee Chapter  Principle One  Principle Three  Principle Two  Renaissance Community Co-op  VITAL FCU  America's Credit Union Museum  Cabot  Carolina Foothills FCU  Carolina Trust FCU  Carolinas Credit Union Foundation  Cooperation 

CUs encouraged to support CMN on Pancake Day

Posted By Jeff Hardin, Wednesday, February 25, 2015
Updated: Wednesday, February 25, 2015

Principle Seven: Concern for community. Since cooperatives are locally owned, they are committed to investing in the community.

IHOP National Pancake Day 2015 from CMN Hospitals on Vimeo.

Credit unions in North Carolina and South Carolina are encouraged to support Children's Miracle Network (CMN) on IHOP's Annual Pancake Day, which is Tuesday, March 3. Anyone dropping by a participating IHOP Restaurant on that day will receive a free short stack of pancakes. In return, diners will be encouraged to make a donation to CMN Hospitals or another designated local charity.

Since beginning Pancake Day 10 years ago, IHOP Restaurants have raised nearly $16 million in support of CMN and other local charities across the country. This year, IHOP hopes to raise $3.5 million dollars for charity during Pancake Day

According to CMN statistics, North Carolina and South Carolina raised more than $22,000 in 2014 through Pancake Day and the miracle balloon campaign. This result showed strong growth from the year before, when credit unions raised a combined $16,000 for CMN. 

Credit unions in the Carolinas have been strong supporters of CMN Hospitals in other ways as well. Upstate area credit unions gave generously to a Carolinas Credit Union Foundation (CCUF) project to renovate the lobby of the Greenville Health Systems Children's Hospital. This project is one of many CMN initiatives that the Upstate Chapter has supported through the years. 

Credit unions in both Carolinas also gave generously to the Levine Children's Hospital Rooftop Garden renovation project in 2012. This CCUF-lead initiative benefited the Levine Children's Hospital in Charlotte.

These are but two CMN projects that credit unions have generously invested in through the years. Pancake Day will once again offer an opportunity for credit union staff, volunteers and members to support a great cause, while getting a free food thank you! For complete event details, please click here.         

Tags:  Principle Seven 

Share |
PermalinkComments (0)

Self-Help credit building products featured in National Journal

Posted By Jeff Hardin, Monday, February 23, 2015

Principle Three:Member economic participation. The more members use the credit union, the more both the members and the cooperative benefit.

Principle Five: Education, training, and information. Credit unions provide financial education to their members as well as the communities they serve.

National Journal Reporter Nancy Cook recently spotlighted Self-Help Credit Union's Credit Builder and Wealth Builder loan products. The article details how a Self-Help member, John Corbin, was able to rid himself of burdensome credit card debt and eventually qualify for a mortgage from the credit union.

Corbin today owns a home in Canton, thanks to his commitment to paying off his credit card debt, and Self-Help, which paved the way for Corbin to build savings along the way. You may read this story by clicking here.


Tags:  Principle Five  Principle Three  Self-Help Credit Union 

Share |
PermalinkComments (0)

CUNA announces $1 million gift to expand Credit Union Museum

Posted By Jeff Hardin, Wednesday, February 18, 2015

(Editor's note: this post composed with information furnished by CUNA and America's Credit Union Museum.)


The Credit Union National Association (CUNA) has pledged to be the lead sponsor of the America’s Credit Union Museum “Legacy” Capital Campaign to help ensure the rich history of the credit union system is preserved for future generations.

Located in Manchester, New Hampshire on the site where America's first credit union opened its doors in 1908, America's Credit Union Museum has been in operation since 2002. True to credit union philosophy, the Museum is a cooperative resource celebrating the credit union movement’s past, present and future. The Legacy Campaign is a three-year capital campaign with a goal of raising $3.3 million to create a new industry research center, add additional exhibit space, and provide renovations to the existing Museum building.

CUNA’s $1 million pledge would fund what will be known as the “CUNA Research Center.” The Center will be housed in the building next to America’s Credit Union Museum and will create a virtual experience that will provide credit unions, consumers, the media, lawmakers, regulators, and others the ability to delve into the history of credit unions. The new Center will allow every credit union the opportunity to tell its unique story virtually through the Museum. The Museum and Research Center will eventually be connected via a Sky Walk.

“Conserving and promulgating credit union history is consistent with our mission of supporting, protecting, unifying and advancing the credit union movement,” said Jim Nussle, president and CEO of CUNA, the nation’s largest credit union trade association. “CUNA is proud to participate in this project, which has the potential to ultimately preserve for future generations the roots and growth of the credit union legacy in America, particularly as we strive to achieve our system vision of ‘American’s best choice for financial services.’”

America’s Credit Union Museum Chairman, Michael L'Ecuyer, thanked CUNA for not only its financial pledge, but its partnership in preserving the tradition and history of the credit union system. “CUNA has long supported the preservation of the history of the credit union movement in our country. Through this generous pledge to the Legacy Campaign, the Museum will be able to continue telling the story of our heritage, principles and values and providing future generations a link to the rich past of credit unions in America.”

CUNA’s pledge puts the Legacy Campaign more than half-way towards its fundraising goal. America’s Credit Union Museum Executive Director Stephanie Smith will be focused on raising funds to fulfil the remainder of the goal. Stephanie stressed that supporting this campaign right now is crucial. “Credit union leaders are retiring from our movement every single day. With them is going the knowledge of the past and the stories that have shaped credit union values. We need the support of credit unions and credit union partners to help us preserve and protect the history and heritage that explains why credit unions are different and unique both in the communities in which we do business and in the eyes of our elected officials.”

The Museum’s Board and Staff is committed to evolving the Museum into a strategic planning destination, a beacon of the cooperative spirit of credit unions, and an ongoing entity that ensures the history of credit unions is told loudly and proudly for decades to come, said Smith. She said the new CUNA Research Center adds the virtual component which will allow that history to be accessed in a much more accessible way.

 The site of the museum honors the formation of the nation's first credit union. In November 1908, a group of French-speaking mill workers in Manchester, New Hampshire pooled their resources together to form the nation's first credit union. La Caisse Populaire, Ste-Marie (People's Bank of St. Mary) remains in operation today as St. Mary's Bank Credit Union.  

Tags:  America's Credit Union Museum  Credit union history 

Share |
PermalinkComments (0)

Guest post: with local focus, Durham Co-op Market to open soon

Posted By Jeff Hardin, Wednesday, February 11, 2015
Updated: Wednesday, February 11, 2015

(Editor's note: this guest post was written and submitted by Laura Pyatt of the Durham Co-op Market.)

The Durham Co-op Market is slated to open in late February on the corner of West Chapel Hill and Kent St., in Southwest Central Durham. We are excited to bring fresh, local, healthy and accessible food to the surrounding neighborhoods of Lyon Park, West End, and Burch Ave., as well as the greater Durham community. The co-op is built on the Seven Cooperative Principles, and we especially are focusing on strengthening the cooperative movement by supporting local businesses, as outlined in the sixth principle:

DCM's jobs wall highlights local businesses the
co-op does business with.

6th Principle: Co-operation among Co-operatives. Co-operatives serve their members most effectively and strengthen the co-operative movement by working together through local, national, regional and international structures.

As the co-op is being built and we are not only forming relationships with local produce vendors, we are also making sure local products are featured in all parts of the store. For example, our shopping carts were manufactured by Technibilt Carts, located in Newton, NC. Our Point-of-Sale system is from ECRS, based in Boone, NC, and our primary meat vendor is First Hand Foods, located just down the road from us in East Durham. We pride ourselves in supporting other local businesses and strengthening the economy of Durham and North Carolina, one product at a time.

You can see some of our other local vendors on our “Supporting Jobs Across NC” wall, which is almost complete. Come check out the final product when we open!

Laura Pyatt joins DCM as the marketing manager after two years as events manager at Fullsteam Brewery. She loves beer, and she also loves cheese. She particularly enjoys them together. Laura is a Durham native and previously was an art teacher and managed a cupcake bakery, making brief appearances on the bakery's very bad reality TV show.

She is very excited to help create a great community environment at the Durham Co-op Market. She loves food, people, and cheese. Feel free to make cheese suggestions, and recommendations for great beer/cheese pairings!

If you have any questions about the Durham Co-op Market, feel free to contact Laura at

Tags:  Durham Co-op Market  Principle Six 

Share |
PermalinkComments (0)

Guest Post: Greenville Children's Hospital shares impact of Upstate Chapter

Posted By Jeff Hardin, Monday, February 09, 2015
Updated: Tuesday, February 10, 2015

Principle Six: Cooperation among cooperatives. Credit unions work together to improve services to members and build sustainable communities.

Principle Seven: Concern for community. Since cooperatives are locally owned, they are committed to investing in the community.

(Editor's note: the following post was written and submitted by Dianne Dillon, the Children's Miracle Network Coordinator for the Greenville Health System.)

At Greenville Health System (GHS) we are guided by our vision, mission and our values. Our vision—Transform health care for the benefit of the people and communities we serve—helps us to focus on the highest level of what we strive to accomplish. Our mission—Heal compassionately, teach innovatively, improve constantly—is what we focus on accomplishing each day and we live this through our values—Together we served with integrity, respect, trust and openness.

Does this sound familiar to your credit unions? It may. It is in line with the Seven Principles from the Carolinas Credit Union League. I have the privilege and honor to partner with such a great group of local Upstate, western North Carolina and eastern Georgia credit unions through their efforts to “build sustainable communities – Principle Six” and “concern for community – Principle Seven”.

In addition to raising funds for the GHS Children's Hospital, the Upstate Chapter is providing encouragement to the Wilson family. Madison Wilson (right) is a patient at the hospital.

Recently GHS Children’s Hospital hosted a chapter meeting for the Upstate Chapter of Credit Unions. Dr. Ohning, medical director of Children’s Hospital of Greenville Health System Bryan Neonatal Intensive Care Unit (NICU), shared information about the great things happening at GHS Children’s Hospital through our partnership with the local credit unions. Dr. Ohning and I had the pleasure of accepting a check on behalf of Children’s Hospital from the Upstate Chapter of Credit Unions from an auction held at their October chapter meeting. In addition, the Upstate Chapter of Credit Unions adopted a Miracle Family and presented Maddie a large basket of craft items for her to use during future hospital stays. Maddie’s mom, Sonya, brought the chapter up to date on Maddie and the family’s journey since the last time she spoke to them.

To end the evening, we toured Children’s Hospital and witnessed firsthand what Dr. Ohning described during his talk. As our fortune would have it, he had an emergency delivery (…did I mention he was on-call this night?). As we stood in front of the doorway to the NICU, a baby was rushed past us to receive the highest level of care possible and three minutes later, Dr. Ohning walked by us, stopped and said a few more things and continued to do what he does best—serve the littlest of the community with his expertise. Words can’t describe the impact on the group.

It was such a humbling experience for me to share why I do what I do and what a way to end the chapter meeting by seeing firsthand the great healthcare delivery we say we do—we walk the talk. This is why we are so grateful to our partners—your help provides not only the highest quality of care for patients, but you also help us surround the entire family. From the newborns to Maddie and beyond. You help us heal entire families. I look forward to our continued partnership in 2015 and sharing how you continue to impact families.

Dianne Dillon coordinates Children Miracle Network activities with corporate CMNH partners. She fosters community awareness and builds relationship to cultivate donors for Children’s Hospital. When she is not working, Dianne enjoys a very full life of juggling outdoor activities, gardening, church volunteerism, and family time - a husband and two very entertaining dogs.

If you need additional information about Children’s Hospital, a proud partner of Children’s Miracle Network Hospitals, feel free to contact Dianne at 864-797-7736 or

This post has not been tagged.

Share |
PermalinkComments (0)
Page 1 of 13
1  |  2  |  3  |  4  |  5  |  6  >   >>   >|