Bolstering its advocacy role, the North Carolina Credit Union League announced Monday it is moving its headquarters from Greensboro, where it has been since its 1934 founding, to Raleigh, the state capital, by April 2011.
"The move is designed to enhance the trade association's ability to serve members in legislative and regulatory advocacy," said a statement by John Radebaugh, president/CEO.
The 21-employee league currently has four staffers in Raleigh and the relocation "will create greater synergy" on regulatory and legislative advocacy, said Radebaugh.
The staff will be offered relocation packages and no positions will be cut in the move, said Radebaugh.
"The board and management looked carefully at this decision over several months and with our Greensboro lease expiring next year the board decided that now was the right time to act," said the statement.
From an historical perspective, Greensboro, located in the central part of the state and 80 miles west of Raleigh, served the league's primary original function of chartering CUs but the times have altered the league's job to high profile lobbying.
The league said it is evaluating office space in downtown Raleigh for its headquarters "and expects to open the new space later this year."
"Headquartering downtown puts the entire organization in the heart of our state's political system," the statement concluded.