Winston-Salem, NC, November 4, 2009 - Bob Donley, Executive VP-Administration and Lending at Members Credit Union, was appointed to serve on the North Carolina Credit Union Commission by Governor Beverly Perdue on October 8, 2009. Donley will carry out a four-year term as part of a seven-member Commission that oversees all state-chartered credit unions.
“This Commission is charged with monitoring the health of credit unions in North Carolina,” said Donley. “There are three members who represent credit unions, who have been employed as a manager or director in a state-chartered credit union, and four members that represent the borrowing public and are not employed by any financial institution.”
The Credit Union Commission will meet at least two times a year and is vested with the authority to review, approve, or modify any action taken by the Administrator of Credit Unions. Bob took his oath of office on October 15, 2009 and began serving his term that ends on July 15, 2013.