Record #:

44464

Author(s):

Burritt, Chris

Abstract:

"A $4 billion N.C. credit union makes a break from its past, testing the transition skills of leadership." In 1983, State Employees Credit Union leaders formed Local Government Federal Credit Union under a federal charter, side-stepping a North Carolina Supreme Court ruling regarding membership in SECU. Dwayne Naylor took over Local Government in 2023. Naylor helped create Local government's affiliate, Civic Federal Credit Union in 2018. On June 3 of this year, Local Government will end its close relationship with SECU and reform under the Civic Federal Credit Union brand,

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 45 Issue 6, June 2025, p72-74, il, por Periodical Website

Subject(s):

Credit unions; Civic Federal Credit Union; State Employees Credit Union (SECU)

Record #:

44481

Author(s):

Mitchell, Tucker

Abstract:

"Smart Choice's Doug Witcher toiled to make millions in the insurance industry. Now he's working just as hard to give it away." Doug Witcher is founder of the High Point based insurance services company. Witcher overcame modest beginnings and a severe learning disability to create one of America's largest insurance networks. The company was founded in 1994.

Source:

Business North Carolina (NoCar HF 5001 B8x), Vol. 45 Issue 6, June 2025, p64-67, il, por Periodical Website

Subject(s):

Insurance companies--High Point; Witcher, Doug