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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 2005– 2006, click here.

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Staff


Paula J. McCoy
Chief Executive Officer
pmccoy@ncmsc.org
Kimberly Knox
Director of Marketing
kknox@ncmsc.org
Tanya Branch
Vice President/Chief Financial Officer
tbranch@ncmsc.org
Avani Parekh-Bhatt
Development Director
aparekh-bhatt@ncmsc.org
Frances Bryant
Office Manager/Staff Accountant
fbryant@ncmsc.org
DeWarren Langley
Administrative Assistant


2007-08 Board of Directors


Maurice Smith
Chairman
Local Government Federal
Credit Union
Farad Ali
Vice-Chairman
North Carolina Institute of Minority Economic Development
Thad Moore
Treasurer
Self-Help Credit Union
Byron T. Robinson
Secretary
John Herrera
Latino Community
Credit Union
  Saundra Scales
First Legacy Federal
Credit Union
Frances Bradshaw  


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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