Serving the State’s Community Development Credit Unions
Started in 1991, the Support Center is the nation’s only statewide intermediary devoted to community development credit unions (CDCUs), offering technical assistance, training, and financial assistance to a growing industry. Access to intermediary services has proven to be a catalyst for North Carolina’s CDCUs, which provide fair and affordable small business, mortgage, rehab and personal loans to stimulate economic development in underserved communities. The Support Center’s affiliated credit unions serve 33,000 across North Carolina.

Mission
The Support Center is dedicated to relieving poverty, combating community deterioration and creating jobs and homeownership opportunities for low and moderate income people throughout the state in conjunction with North Carolina’s community credit unions. The Support Center provides four main services to its member credit unions:

Technical Assistance
Capacity Grants Program
Capital Support Loan Fund
Accounting Service Center

Accomplishments
The Support Center has remained committed to its mission to work with its affiliate community development credit unions (CDCUs) to relieve poverty, combat community deterioration, create jobs and build homeownership among low-wealth families throughout the state. For a detailed list of our accomplishments over Fiscal Year 2004 – 2005, click here.

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Staff


Kimberly Knox
Program and
Communications Officer
kknox@ncmsc.org
Tanya Branch
Vice President/Chief Financial Officer
tbranch@ncmsc.org
Avani Parekh-Bhatt
Development Director
aparekh-bhatt@ncmsc.org
Debra Taylor
Mortgage Lending Director
dtaylor@ncmsc.org
Frances Bryant
Office Manager/Staff Accountant
fbryant@ncmsc.org
Jelani Thompson
Staff Accountant
jthompson@ncmsc.org


2004-05 Board of Directors


Saundra Scales
Chairperson
School Workers Federal
Credit Union
Athan Lindsay
Vice-Chair
The Lindsay Legacy Fund
Farad Ali
Treasurer
NC Institute for Minority Economic Development
Thad Moore
Secretary
Self-Help Credit Union
John Herrera
Latino Community
Credit Union
  Frances Bradshaw
First Carolina Corporate
Credit Union
Byron Robinson
Alamance Community College
Maurice Smith
NC Local Government Federal Credit Union


Supporters


General and Program Grants
Fannie Mae Foundation
Ford Foundation
F.B. Heron Foundation
NC Community Shares
State of North Carolina
Warner Foundation
Golden LEAF
CDFI Fund, U.S. Treasury Dept.
Z Smith Reynolds Foundation

Capital Support Loan Fund
Bank of America**
First Citizens Bank**
First Bank**
SouthTrust Bank**
Wachovia Bank**
Ford Foundation**
Heron Foundation**
State of North Carolina*
Z. Smith Reynolds Foundation*

*Grant
**Loan or PRI

Leveraged Support for CDCUs
Mary Reynolds Babcock Found*
CDFI Fund, U.S. Treasury Dept.
Fannie Mae
Triangle Community Foundation
Wachovia Bank
National Federation of CDCUs

*Regional support through SRDI



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