When it breaks ground on its latest branch, State Employees' Credit Union will be honoring North Carolina's Cooperative History.
The credit union has recently purchased land at the historic Lowe's Grove Rural Credit Union site in Durham, N.C., which is the first rural credit union to open its doors in the South.
A North Carolina Highway Historical Marker, dedicated on Dec. 12, 1999, currently identifies the credit union site. The late Tom Ellis, a long-time SECU Advisory Board member played a vital role, serving as the liaison between SECU and the Lowe's Grove Historical Marker Committee to bring focus to the historical credit union landmark.
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Given the rich history and significance to the credit union movement, SECU Board Chairman Shirley Bell said SECU is "honored to carry on the credit union tradition that began in Durham 93 years ago."
Branch construction is slated to begin this summer.
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