SECU Takes Loan Review in a Different Direction
At a time when most credit unions are moving away from using volunteers on Credit Committees or Loan Review Committees in favor of the professional staff, State Employees’ Credit Union in North Carolina is actively recruiting volunteers to serve on loan review committees. Currently, the credit union has 86 volunteers serving on loan review committees, but is expanding that number to 276 in order to establish loan review committees for each of its 46 districts. [4/4]