The $21 billion State Employees' Credit Union said it would still assist with office support to a microlending bank should it move forward with a credit union charter in North Carolina.
Jim Blaine, president of SECU, previously said the credit union would be willing to provide accounting, processing, ATM access and statement rendering services to Grameen America Inc. if it secured a charter in North Carolina. Blaine said that is still the case.
"We continue to be interested in supporting their efforts," Blaine said, adding there have been no recent discussions with Grameen. "I believe Grameen may have found that it can work its model without a need for a charter."
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