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The King & the General Energize GAC Audience


The 2008 CUNA GAC has given NC credit unions a lot to crow about in the past couple of days. Last evening, we watched as State Employees’ Credit Union received the Herb Wegner Award for the outstanding accomplishments of its Foundation. The SECU Foundation, which is only three years old, has already given millions of dollars to support education in NC, health care and human services in the Tar Heel State.

Of particular note are the scholarships that the foundation awards to one student in each public high school in NC each year! The Foundation has also made an interest-free loan to aid in the construction of a housing complex for teachers in eastern NC. This complex has helped teachers come into Hertford County,  a rural and economically stressed school system. This housing complex has been so successful, the Foundation is now in the process of replicating it in other counties!


Today, an accomplishment credit unions in both Carolinas share in hit the GAC stage. Richard Petty surprised the 4,700 person audience by appearing at GAC about 9:30 am. Petty, whose family started the Victory Junction Gang Camp a few years back, praised the more than $1.6 million credit unions in the Carolinas have combined to give to the camp for chronically ill children.

The King also announced the Petty clan is planning a new camp for the Kansas City area – and he called on credit unions to support this new effort.


Later in the morning, retired General and former US Secretary of State Colin Powell brought an optimistic message to the GAC halls. Powell reminded the audience how different the world was in the cold war era in which he served as a soldier, and how the world has so dramatically changed. Powell also told many humorous stories about his time in Washington as Secretary of State.  


3 Responses

  1. Sweet. Great coverage Jeff and nice meeting you at the Wegner dinner. Looking forward to tonight.

  2. Christopher – great to meet you as well!

  3. Thanks for this great GAC update, and great meeting you in person at last, last night!

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