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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.


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REMINDER: scholarships available for Principles & Philosophy

Posted By Jeff Hardin, Tuesday, August 11, 2015

The 2015 Principles & Philosophy Conference is less than three months away! Over the past six years, this unique learning experience has inspired nearly 200 credit union staff in the Carolinas by teaching the history and philosophy of credit unions and cooperatives.

Once again this year, several credit unions and credit union organizations have donated funds in order for credit unions with tight training budgets to attend the conference. This year, 10 scholarships are available for staff or volunteers at credit unions of $125 million in assets or less. 

The scholarships include tuition to the conference plus two nights' lodging at the Courtyard by Marriott in beautiful downtown Greenville. All meals with the exception of lunch on Monday are included in the scholarship.

Scholarships this year are provided through the generosity of the following organizations: Coastal Federal Credit Union, SC Telco Federal Credit Union, the Carolinas Credit Union League/CUNA Mutual Group, the Carolinas Credit Union Foundation, and CUaware. The volunteer group of Credit Union Development Educators that is planning the Principles & Philosophy Conference graciously thanks these organizations for their generosity!  

Scholarship applications are due by 5:00 pm Monday, August 31. Please click here to view & download the scholarship form.

To hear the impact of the conference on a scholarship winner in 2014, please click here. You may also click here to read a recap of the 2014 conference.

Please contact Jeff Hardin (919-457-9063) if you need more information.

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Save the dates for these upcoming CMN fundraising events!

Posted By Jeff Hardin, Monday, August 10, 2015
Updated: Tuesday, August 04, 2015

Principle Seven: Concern for community. Credit unions work for the sustainable development of communities through policies developed and accepted by the members. Credit unions seek to achieve a greater good through responsible corporate citizenship.

July's successful Miracle Treat Day to benefit Children's Miracle Network Hospitals was a chance to chill out for a great cause. However, if you missed the frosty summer fun, there are still some great opportunities for credit unions and credit union employees to support CMN! 

On Wednesday, September 9, you and your fellow credit union co-workers can dress down for CMN. The Annual Miracle Jeans Day provides an opportunity for participating credit union staff to wear jeans to work if they donate $5 to CMN. 

"The Miracle Jeans Day campaign provides staff an opportunity to participate in a fun event that supports Children’s Miracle Network Hospitals," shared Jennifer Moore, marketing specialist and Local Government Federal Credit Union’s Miracle Jeans Day coordinator. “LGFCU is participating in Miracle Jeans Day because it is a wonderful opportunity for the staff to rally together for a great cause.”

If you go to the Miracle Jeans Day web site you will find a wealth of information about the program, including how to sign up a team as well as answers to frequently asked questions. In addition, you can find out more information about how to get a 2015 Miracle Jeans Day tee-shirt

In addition to Miracle Jeans Day, credit unions also have an opportunity to engage members in supporting CMN during International Credit Union Day (Thursday, October 15). It's called Shop for Miracles, and on that day participating credit unions will donate 25 cents (or another pre-determined amount) to their local Children's Miracle Network Hospital each time a member uses their CU-issued credit or debit card. 

CMN piloted Shop for Miracles last year with 108 credit union in 33 states, including Palmetto Health Credit Union. Credit unions nationwide raised $400,000 for CMN on Shop for Miracles day, with CO-OP Financial Services kicking in an additional $50,000 in Miracle Matching Funds.           

If your credit union is planning to support either of these terrific fundraising opportunities, please let us know! Contact Jeff Hardin at 919-457-9063 for more information, and please send pictures and fundraising results after-the-fact!

Tags:  Children's Miracle Network  Principle Seven 

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Coastal FCU Foundation partnership yields unique result

Posted By Jeff Hardin, Wednesday, August 05, 2015
Updated: Wednesday, August 05, 2015

Principle Five: Education, training, and information. Credit unions educate and train members, employees and volunteers so they can contribute effectively to the development of the credit union. In addition, credit unions provide financial education for their members and the public.

Principle Seven: Concern for community. Credit unions work for the sustainable development of communities through policies developed and accepted by the members. Credit unions seek to achieve a greater good through responsible corporate citizenship.

You can learn more about the impact of Coastal's partnership with The Kenan Fellows Program in the above video.

Thanks to a unique partnership between the Coastal Federal Credit Union Foundation and The Kenan Fellows Program, Durham Public Schools Teacher Emmalea Couch, who is finishing up an internship at Coastal’s corporate headquarters, will leave the Coastal Community Engagement team with a comprehensive resource on financial literacy that they will share with their community partners going forward.

This is the first internship of its kind sponsored by the Coastal Foundation in line with the Foundation’s mission of increasing financial literacy across the communities of Durham, Orange and Wake Counties.

Ms. Couch, English Teacher at C.E. Jordan High School in Durham and a 2015 Kenan Fellows Recipient has spent the last several weeks with the Coastal Community Engagement team led by her mentor, Creighton Blackwell, VP Branches and Community Engagement.

“When I applied, I was excited about this particular program because financial education was missed in my own education and I’d like to see my students set up for future success,” says Emmalea.

The Coastal Community Engagement team works throughout various communities in the Triangle advocating and instructing in the area of financial literacy. Ms. Couch has been honing new skills under their guidance and leadership during her internship. To complete her Fellowship, she will create, pilot, and revise curriculum materials that give her students insight into real world work and learning experiences. A variation of these same materials will also be used by the Coastal Community Engagement team.

“For the Foundation, this internship means the ability for us to tangibly impact communities,” says Blackwell. He goes on to say, “We understand the importance of education. We hear about it every day from our members that come to us about their finances. This gives us a chance to partner with our educational partners to really have a direct impact.”

Tags:  Financial Education  Principle Five  Principle Seven 

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CUaware Protégé Mentor program to grow

Posted By Jeff Hardin, Friday, July 31, 2015
Updated: Thursday, July 30, 2015

The CUaware Protégé Competition provides emerging leaders in credit unions with a great opportunity to showcase their talent while learning about the credit union movement. For the chapter level winners who go on to the finals, there's an added perk awaiting after the event ends - participation in the CUaware Protégé Mentor program.

The League is pleased to announce that the mentor program will grow in the year ahead to include all chapter-level participants in the CUaware Protégé Competition. Introduced following the 2014 finals competition, the mentor program gives Protégé finalists an opportunity to be paired with a mentor at a credit union in North Carolina or South Carolina for a period of one year.

The program is designed to be flexible depending on the goals and needs of the Protégé, who develops a plan for the year-long partnership. The mentors and mentees meet, email or chat on a regular basis in order to reach the goals established by the Protégé. 

Corey Pace, the 2014 CUaware
Protégé finalist representing
the Lowcountry Chapter, said
the mentor program, and her
relationship with Faye Crocker,
has been "especially impactful." 

"I’m grateful for the opportunity to have been matched with such an incredible mentor," said Corey Pace, the talent acquisition representative for South Carolina Federal Credit Union. Pace who was paired with Faye Crocker of Greater Abbeville Federal Credit Union, shared several benefits of her working relationship with Crocker.Chief among them was the common ground they found as the they forged a personal relationship.

"It has been especially impactful as a working mom to learn from another working mom who has forged a fantastic career, who not only has been a phenomenal influence in her credit union, but in the credit union movement," Pace noted.

Pace also cited a host of professional benefits in her partnership with Crocker, including receiving a leadership development book, being introduced to a host of new contacts within the credit union movement and learning the perspective of a smaller credit union. "It's been very valuable," Pace said of the relationship that she and Crocker have forged.

Pace is one of five young professionals who agreed to participate in the mentor program following the 2014 CUaware Protégé Competition Finals. While Pace & Crocker’s time together as mentor and mentee draws to a close later this year, it is clear their connection and its impact will extend well into the future.

With eight chapters holding CUaware Protégé Competitions this year, there will be a need for up to 20-30 mentors who are willing to engage with a chapter-level Protégé participant. The commitment is one year, with the structure dependent upon the needs of the mentee. 

You can read more about the program goals and requirements by accessing the CUaware Protégé Mentor brochure. Please contact Jeff Hardin at the League (919-457-9063) or Troy Hall at South Carolina Federal Credit Union (843-569-8262) if you have any questions or would like to be considered as a mentor.


Tags:  CUaware Protégé Mentor program 

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Thursday is Miracle Treat Day to benefit CMN!

Posted By Jeff Hardin, Tuesday, July 28, 2015
Updated: Tuesday, July 28, 2015

Principle Seven: Concern for community. Credit unions work for the sustainable development of communities through policies developed and accepted by the members. Credit unions seek to achieve a greater good through responsible corporate citizenship.

With summer temperatures soaring, everyone is looking for a way to beat the heat. Thanks to participating Dairy Queen stores, you can benefit the Children's Miracle Network and whip up a Blizzard to cool yourself down!

The 10th Annual Miracle Treat Day happens Thursday, July 30. On that day, $1 or more from every Blizzard treat purchased at participating DQ stores will be donated to your local CMN Hospital.

DQ has been a generous, longtime supporter of CMN. Since 1984, DQ franchisees, fans and the corporation have combined to raise more than $100 million to support local Children's Miracle Network Hospitals across the country.

You can find participating stores, receive a text or calendar reminder of the event and much more on the Miracle Treat Day web site. And be sure to follow the fun on Twitter by using and searching the hashtag #MiracleTreatDay.  

Tags:  Children's Miracle Network  Principle Seven 

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