Durham in Durham County, North Carolina — The American South (South Atlantic)
Rural Credit Union
Erected 1999 by North Carolina Division of Archives and History. (Marker Number G-114.)
Location. 35° 54.049′ N, 78° 53.277′ W. Marker is in Durham, North Carolina, in Durham County. Marker is on State Highway 54 0.1 miles east of South Alston Avenue (State Highway 1945), on the right when traveling west. Touch for map. Marker is at or near this postal address: 2421 E NC Highway 54, Durham NC 27713, United States of America. Touch for directions.
Other nearby markers. At least 8 other markers are within 6 miles of this marker, measured as the crow flies. Brassfield Station (approx. 3.1 miles away); O'Kelly Chapel Christian Church (approx. 4 miles away); John Merrick (approx. 4.2 miles away); Beulah C. Bowens Fuller (approx. 5.1 miles away); North Carolina Central University (approx. 5.2 miles away); Centennial Chapel (approx. 5.2 miles away); James Edward Shepard (approx. 5.2 miles away); Clyde R. Hoey Building (approx. 5.2 miles away). Touch for a list and map of all markers in Durham.
Related marker. another marker that is related to this marker. To better understand the relationship, study the marker shown.
Also see . . .
1. Credit Union National Association: Archive Alamanac Rural Credit in North Carolina. For the farmer who needed credit in the rural South in the early years of this century, the alternatives were dismal. Few banks would even consider making agricultural loans, and those who did charged extremely high interest rates. Rural credit was fertile ground for the loan sharks, and year after year, farmers turned over their crops to help pay exorbitant interest charges on loans made to keep their farms operating. (Submitted on January 19, 2014, by PaulwC3 of Northern, Virginia.)
2. Reuters: SECU Returns Back to Original NC Credit Union Roots w/ New Durham Lowe`s Grove Branch Site. In conjunction with this milestone, the cooperative is celebrating with a ribbon cutting at SECU’s new Lowe’s Grove branch, built on the site of the first rural credit union in North Carolina. (Submitted on January 19, 2014, by PaulwC3 of Northern, Virginia.)
Categories. • Agriculture • Labor Unions •
More. Search the internet for Rural Credit Union.
Credits. This page was last revised on June 16, 2016. This page originally submitted on January 19, 2014, by PaulwC3 of Northern, Virginia. This page has been viewed 472 times since then and 33 times this year. Photos: 1, 2. submitted on January 19, 2014, by PaulwC3 of Northern, Virginia.