In North Carolina last week, the emphasis on "jobs, jobs, jobs," grew more intense as credit unions and small business owners came together to express their urgency in a state where unemployment is at 11%.
Sen. Kay Hagan (D-N.C.) was in the Tar Heel state Jan. 12 hosting a jobs creation roundtable. Representatives from several North Carolina CUs participated, including Truliant Federal Credit Union, Local Government Federal Credit Union and the North Carolina Credit Union League. Local small business owners including a new restaurant and a home construction firm, among others, also shared their perspectives.
The impact of banks slashing their business lending has opened up a window of opportunity for North Carolina credit unions, Hagan said. Speaking to Credit Union Times shortly after the roundtable held in Winston-Salem, N.C., Hagan said with unemployment at 11% in North Carolina, "it's all about jobs, jobs, jobs."
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