The North Carolina Credit Union League announced today it will relocate its headquarters to Raleigh by April 2011. The move is designed to further enhance the trade association’s ability to serve its members in the key areas of legislative & regulatory advocacy. NCCUL further announced that staff would be offered relocation packages, and that no positions would be cut in the move.

President and CEO John Radebaugh said, "The board and management looked carefully at this decision over several months. With our Greensboro lease expiring next year the board decided that now was the right time to act. Relocating positions the League for continued success and enhances our ability to meet the top priority of our members - advocacy."

The League will combine Raleigh office personnel in place since 1997 with the entire staff under one roof to create greater synergy. NCCUL is currently evaluating office space in downtown Raleigh, and expects to open the new space later this year. "Headquartering downtown puts the entire organization in the heart of our state’s political system. Opening the site later this year will offer Greensboro staff the transition time and flexibility they need. It also ensures that our credit unions will continue to receive the high level of service they’ve come to expect." Radebaugh added the new location would be fully staffed by April 2011.

The League has operated in Greensboro since it was chartered in 1934. It is the state trade association for the nearly 100 NC credit unions. Radebaugh said that in making the decision, the League board noted that relocation offered key benefits to credit unions, including:

• A stronger voice with key decision-makers
• Higher visibility among legislators
• Greater ability to influence legislative and regulatory outcomes
• Faster response times to legislative issues that arise

"As the board & management team evaluated the options available to the League, the case for moving to Raleigh was very clear," said NCCUL Chairman Ben Hill. "Over time, the League’s focus has shifted, and this commitment to Raleigh is really a commitment to being a more potent force for credit unions across NC in the years to come."