RALEIGH, N.C. — The National Center for Member Trust, the nonprofit organization founded by three noted credit union leaders to provide credit union members faced with potential credit union conversions with resources on those conversions, has continued to get organized.
Bucky Sebastian, CEO of the $2.1 billion GTE FCU; Jim Blaine, CEO of the $13 billion State Employees' Credit Union of N.C.; and Randy Chambers, vice president of the $237 million Self-Help Credit Union founded the organization in the spring of 2005.
So far the organization has continued to raise money from the 70-plus supporters that include individuals, credit unions, and credit union leagues. The group has also disbursed some funds, including $25,000 to the DFCU Owners United members group, which objected to that $1.1 billion credit union's attempt to convert in 2005.
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