The founder of an international microlending bank, which has a United States affiliate that was considering opening a federal credit union in North Carolina, is in the middle of an internal power struggle.
Grameen America, which at one point was considering opening a federal credit union in North Carolina, is coming to the defense of the founder of its international affiliate.
Since meeting with credit unions and banking groups in North Carolina a year and a half ago, microlending bank Grameen America Inc. has pulled back but not abandoned the idea of pursuing a credit union charter.
Although there has been little movement since buzz started more than a year ago, micro-lending bank Grameen America Inc. said pursuing a credit union charter is still being considered.
LAS VEGAS -- Speed networking was the objective of a WOCCU-moderated late afternoon session. Participants played musical chairs, spending five minutes together learning about each other's credit union and culture.