ARLINGTON, Va. — The North Carolina Credit Union Division recently received re-accreditation from NASCUS, the group announced.

“The significance of North Carolina's re-accreditation affirms that our agency has good policies and procedures in place to monitor the safety and soundness of the credit unions that we regulate,” NCCUD Administrator Jerrie J. Lattimore commented. “NCCUD has excellent examiner retention and re-accreditation confirms that they are working in a professional environment and that their work can be quantified as beneficial to the public.”

The NCCUD supervises 73 state-chartered natural person credit unions and one corporate, totaling more than $15 billion in assets. The agency was first accredited in 1992 and this is its fourth consecutive re-accreditation.

“The most valuable aspect of the re-accreditation process is that we reexamine every aspect of our Division to confirm that we are ensuring the high standards required by the accreditation teams,” Lattimore said. “The entire re-accreditation process keeps us up to date and constantly examining what we do and how we do it.”