North Carolina has its first new charter in 10 years, the recently opened Shepherd's FCU in Charlotte.
The low-income CU, which conducted grand opening ceremonies on Friday, is sponsored by the nonprofit Neighborhood Church Coalition and chartered to serve the 1,400 members of Unity, the Way of Holiness Christian Church in Charlotte.
Shepherd's CU has been in formation for nearly four years and represents the work of the North Minority Support Center, a Charlotte community development group, said a spokesman for the North Carolina Credit Union League, which also assisted in the chartering.
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