COOSA PINES FEDERAL CREDIT UNION APPROVED FOR COMMUNITY CHARTER EXPANSION
NOVEMBER 27, 2012
Coosa Pines Federal Credit Union Approved for Community Charter Expansion, Partnered with Dollar Associates on NCUA Process
Alabama credit union approved by NCUA to expand into Jefferson County, taking advantage of NCUA FOM rules to build growth and diversification option
Dollar Associates LLC, a leading national credit union consulting firm headquartered in Birmingham and headed by former NCUA Chairman Dennis Dollar, today congratulated one of its clients, Coosa Pines Federal Credit Union of Childersburg, Alabama, for its approval by the NCUA to expand its current community charter to include Jefferson County, Alabama. “Coosa Pines is a very progressive credit union with a strategic vision for growth and diversification that they felt would be well complemented with a community charter expansion,” said Dennis Dollar, Principal Partner at Dollar Associates, following the NCUA Board action. “They have demonstrated that, even with some significant changes in recent years, the NCUA field of membership rules can still work for many growth-oriented federal credit unions. We were honored to partner with Coosa Pines Federal Credit Union on this successful charter expansion project and are excited to see the options for taking their credit union to the next level of growth that this community charter expansion will make available to them.” Coosa Pines Federal Credit Union, led by CEO Don Carden, is a community chartered credit union serving over 20,000 members in Central Alabama.