NCUA Awards Two CUs The Same SEG

- ALEXANDRIA, Va. (03/31/00) - NCUA said it grantedapplications from two separate credit unions to serve the sameselect employee group (SEG), the two largest SEGs approved lastmonth. The action will allow Lockheed Georgia FCU, Marietta, Ga.,to add 2,500 employees, doctors and medical staff at Children'sHealthcare in Atlanta; Emory FCU, Atlanta, to add 2,300 employeesof Children's Healthcare. The agency said it approved 1,239 SEGadditions for federal credit unions last month and denied just 21,a 98.3% approval rate. Those SEGs added a total of 119,619 to FOMroles for federal credit unions. The biggest SEGs approved inFebruary also included: Pentagon FCU, Alexandria, Va., to add 2,217members and employees of National Museum of American Jewish Historyin Washington; Philadelphia FCU, Philadelphia, to add 2,050employees and students of Community College ofPhiladelphia.