GREENSBORO, N.C. – The North Carolina Credit Union League wants to make sure information about the Credit Union Regulatory Improvements Act (CURIA) is accurately disseminated to media throughout the state. To make sure that happens, NCCUL President/CEO John Radebaugh, VP of Governmental/Regulatory Affairs Dan Schline, and Communications Specialist Jeff Hardin, have been meeting with business editors and reporters at key publications across the state as well as with the business newspapers in Charlotte and Raleigh. Radebaugh explained there were two purposes to the visits – to communicate basic information about CURIA from the credit union perspective and why it's important, and to let the newspapers know the League is available to them as a source for information. "CURIA is important to all credit unions because there hasn't been a proactive update to the federal credit union act in years. It's important for the media to understand why CURIA is important to credit unions, and we need to continue to educate editors on the differences between credit unions and banks," said Radebaugh. "Banks in North Carolina clearly oppose CURIA and are not afraid to use hollow arguments to make their points. We choose to define ourselves instead of being defined by banks," Schline said. So far the League representatives have met with the Charlotte Business Journal and Observer, as well as with the editor, managing editor and banking reporter of the Triangle Business Journal. Radebaugh said the three League representatives "did most of the talking," addressing the newspapers' various questions on issues such as why CURIA is important to credit unions and what would be potentially controversial in the legislation. The League president said, "We were upfront with them that the banks would oppose most of the bill's provisions and explained why it's important to members that CURIA is passed." He added there was no indication the bankers had also visited with the newspapers. The recent visits were actually the second time the League reps had met with the newpapers. Hardin said they visited with them last year on basic credit union issues, "so when we met with them this year they already had an understanding of credit unions. This is a continuation of those visits, CURIA is an opportunity for us to get in front of them again." The League is already seeing some of the results of its efforts. The Charlotte Observer already published an article about CURIA in the May 19th issue, and Charlotte Business Journal editor Robert Morris invited Radebaugh to write the newspaper a guest editorial on the legislation. Radebaugh said the editorial is in draft format and he was hoping to get the article to the newspaper by the weekend of May 28th. He added the League would also consider TV and radio coverage of CURIA, but said the League had not made any definite decision about that yet. -

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.