[Congressional Record Volume 148, Number 113 (Tuesday, September 10, 2002)]
[Extensions of Remarks]
[Pages E1539-E1540]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




RECOGNITION OF LARRY T. WILSON, NEWLY ELECTED DIRECTOR ON THE BOARD OF 
       THE NATIONAL ASSOCIATION OF FEDERAL CREDIT UNIONS (NAFCU)

                                 ______
                                 

                          HON. DAVID E. PRICE

                           of north carolina

                    in the house of representatives

                      Tuesday, September 10, 2002

  Mr. PRICE of North Carolina. Mr. Speaker, today I rise to recognize 
Larry Wilson, the President and CEO of Coastal Federal Credit Union, 
for his recent election to the Board of the National Association of 
Federal Credit Unions (NAFCU).
  Larry has been President and CEO of Coastal Federal Credit Union, 
located in the Fourth District North Carolina, since 1974. During his 
tenure, Coastal Federal Credit Union has grown in assets from $2.7 
million to $1.245 billion; it now serves over 100,000 members from the 
great State of North Carolina.
  Larry Wilson's accomplishments are impressive indeed. He was named 
NAFCU's Professional of the Year in 1985, and in 1992, Larry was 
crowned Executive of the Year by the Credit Union Executive Society. 
His illustrious career further includes leadership in the North 
Carolina Credit Union League, the North Carolina Credit Union Network, 
the Eastern North Carolina Better Business Bureau, and the Triangle 
Chapter of the American Red Cross.
  Larry's contributions also shine through in Coastal Federal Credit 
Union's track record. In 1991, Coastal Federal Credit Union was 
recognized as Credit Union of the Year by NAFCU. Earlier this year, at 
NAFCU's Annual Conference, Small Business Administration Administrator 
Hector Barreto singled out Coastal Federal Credit Union for its 
significant contribution to improving the lives of the underserved.
  Coastal Federal Credit Union participates in and sponsors an array of 
programs that benefit the local community, as well as communities 
throughout the State. During the holidays, Coastal Federal Credit Union 
sponsors and sells a Christmas card designed by a child who is a 
patient at Duke Children's Hospital, with all proceeds going to the 
hospital. Coastal Federal Credit Union has also helped to raise more 
than $400,000 to establish the bone marrow transplant unit at Duke 
Children's Hospital.
  Coastal Federal Credit Union, in participation with credit unions 
throughout North Carolina, joined together to raise $265,000 to 
purchase and staff a motor home that travels to

[[Page E1540]]

various cities in North Carolina to educate the public about child 
abuse prevention. This training unit is the first of its kind in the 
Nation. Through Larry and his employees, Coastal Federal Credit Union's 
motto of ``people helping people'' is put into practice every day.
  As a highly respected voice for credit unions in our Nation's 
Capitol, NAFCU will be well served by Larry's membership on the Board. 
There is no question that Larry's 28 years of dedicated work, personal 
knowledge and expertise in the credit union industry will help to keep 
Congress connected with issues that are vital to credit unions both in 
North Carolina and across America. I congratulate Larry Wilson on his 
recent election to the NAFCU Board and look forward to continuing to 
work with him and our Nation's Federal credit unions.

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