First Carolina Corporate Credit Union

• First Carolina’s Virginia Conference Marks Attempt to Conquer Old Dominion

  By Heather Anderson  |  March 20, 2013

  North Carolina corporate plans strategies conference for Virginia credit unions.

• Brokerage Vendor Puts First Carolina on Pace for Record Year

  By Heather Anderson  |  November 13, 2012

  First Carolina Corporate Credit Union said Tuesday it is expecting a record-breaking year for its brokerage business, trading almost $200 million in securities so far this year.

• First Carolina Corporate Settling Into New HQ

  By Heather Anderson  |  August 10, 2012

  Greensboro-based corporate said move allows more efficiency in meeting security requirements, follows move from state league out of shared facilities.

• Corporate Capital Needs Reduced by Fed Program

  By Heather Anderson  |  June 11, 2012

  A temporary Federal Reserve program is quietly providing a cushion to corporate credit unions as they attempt to raise capital from members to meet NCUA regulatory requirements.

• Fed’s EBA Program Reduces Corporate Capital Needs

  By Heather Anderson  |  June 8, 2012

  A temporary Federal Reserve program has quietly reduced the amount of capital credit unions have had to pledge so corporates can meet NCUA requirements.

• First Carolina Corporate Hits NCUA Marks with 2011 Financials

  By Heather Anderson  |  April 27, 2012

  The $1.45 billion North Carolina corporate more than doubled its earnings projections for 2011, ending the year $5.2 million in the black.

• First Carolina Corporate Partners with CampusDoor on Student Loans

  By Robert McGarvey  |  September 9, 2011

  Private-label program aims to allow CUs to hold loans in their own portfolios.

• John McGrail Named New Carolinas Foundation CEO

  June 5, 2011

  The Carolinas Credit Union Foundation has named John McGrail as its new president/CEO.

• First Carolina Corporate Seeks Perpetual Capital From Members

  By Robert McGarvey  |  February 18, 2011

  First Carolina Corporate Credit Union announced today that it is now going to members to raise $60 - $75 million in Perpetual Contributed Capital, a "mandatory" onetime requirement.

• N.C. League Votes to Support First Carolina Corporate

  By Robert McGarvey  |  February 14, 2011

  The North Carolina Credit Union League and the league's service corporation have announced that they have voted unanimously to contribute their "fair share" toward the recapitalization of First Carolina Corporate Credit Union.