Talk:Truliant Federal Credit Union
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Fair use rationale for Image:TruliantFCU-Logo.png
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Edit requests for Truliant
edit | This edit request by an editor with a conflict of interest has now been answered. |
I have a number of proposals to improve this article by eliminating excessive detail, adding reliable sources, rewriting language to have a neutral point of view, removing promotional content, clarifying vague statements and modest restructuring. I think these address all the issues raised in the two boxes about the article. I have also proposed a small amount of new well-sourced content that I believe is important to update the article.
I have a conflict of interest as someone who works for the subject of this article. After all the issues are addressed, I request the two issue boxes be removed. Please let me know if you see anything else I can help with, or if there are remaining issues needed to be addressed before the issue boxes can be removed.
1. Please update the lead:
From:
Truliant Federal Credit Union is a not-for-profit financial institution chartered in 1952 and now serves 280,000+ members. Truliant provides financial guidance and affordable financial services. Truliant has more than 30 Member Financial Centers in North Carolina, South Carolina and Virginia.
to:
Truliant Federal Credit Union is a nonprofit financial institution based in Winston-Salem, North Carolina.[1] Chartered in 1952, the credit union provides financial guidance and services to members in North Carolina, South Carolina and Virginia.[2] As of September 2021, Truliant has more than 280,000 members and $3.6 billion in assets.[3][4]
Explanation: Adds missing reliable sourcing. Removes non-neutral/promotional tone. Rewrites for better structure.
Done Duke Gilmore (talk) 19:47, 18 December 2022 (UTC)
2. In the History subsection, please replace the first five paragraphs and remove the section below History called “Role in Credit Union Membership Access Act (H.R. 1151)”. I rewrote it to just two paragraphs that eliminates excessive detail and removes unsourced statements. I also added language and sources about a lawsuit against AT&T Family Federal Credit Union, thereby eliminating the need for a separate section about it below History.
Delete from the paragraph beginning: “In 1946, Western Electric opened massive facilities in Winston-Salem, North Carolina...” and ending “By 1988 the credit union had 46,000 members. New Member Financial Centers were added in Virginia and North Carolina, and the credit union began growing its presence in Charlotte.”
Replace with:
In 1952, Truliant Federal Credit Union was chartered as the Radio Shops Credit Union to serve employees of Western Electric in Winston-Salem, Greensboro, and Burlington.[2][5] It was renamed North Carolina Works Federal Credit Union, then AT&T Family Federal Credit Union in 1983 with the goal of servicing employees of the telecommunications company.[2][6]
AT&T Family Federal Credit Union expanded its services beginning in 1987 to include employee groups at Krispy Kreme, Polo Ralph Lauren and other companies.[2] The American Bankers Association and five commercial banks sued AT&T Family Federal Credit Union in 1990 for expanding its membership to 150 employee groups nationwide,[7] claiming the expansion violated the 1934 Federal Credit Union Act, which states members of a credit union must have a “common bond.”[8] The U.S. Court of Appeals agreed, ruling against AT&T Family Credit Union in October 1996.[7] The National Credit Union Administration appealed the ruling; it then went to the Supreme Court, which voted 5 to 4 against AT&T Family Credit Union and other regional credit unions, saying it violated the 1934 law.[9] But President Bill Clinton signed a law in 1998 allowing AT&T Family Credit Union and all other credit unions to provide service to multiple groups.[10]
Behind Paywall
The second sentence uses an article from American Banker as a source - the article is archived, but here’s the relevant paragraphs:
With Western Electric's postwar business booming, Radio Shops Credit Union grew, too. It was renamed North Carolina Works Federal Credit Union in 1962 to reflect its size: 8,000 members and $2.8 million in assets. But business cooled, and by the time the credit union renamed itself AT&T Family in 1983, a recession had caused plant closures and rollbacks in the North Carolina area.
Done Duke Gilmore (talk) 19:47, 18 December 2022 (UTC)
3. In the History subsection, please remove the sixth through tenth paragraphs (some of which is promotional or unsourced) that starts: “By 2000, with membership at about 163,000 members…” and ends with “In 2010, Truliant began implementing new Small Business Administration programs…”
Replace with one short paragraph:
In 1999, the credit union changed its name to Truliant.[5] Truliant merged with Victory Masonic Credit Union, a historically African-American credit union in North Carolina, in 2004.[11]
Explanation: Eliminates unsourced, promotional statements, including individual location openings. Adds reliable sourcing. Rewrites for concision and grammar. Adds name change to Truliant, with reliable sourcing.
4. In the History subsection, please remove the sixteenth through twentieth paragraphs (some of which is promotional or unsourced) that starts: “ In 2014, the credit union began adding the first of ten new locations..” and ends with “In January 2020, Todd Hall was named president/CEO. He had joined the organization in 2012 as chief operating officer.”
Replace with just two sentences:
Todd Hall was named president and CEO of Truliant in January 2020.[12]
As of 2022, Truliant has 34 branches in Virginia, North Carolina and South Carolina and more than 280,000 members.[13][3]
Explanation: Removes unsourced statements or adds reliable sourcing to them. Removes promotional statements and/or excessive details. Adds reliable sourcing.
Done Duke Gilmore (talk) 19:47, 18 December 2022 (UTC)
5. Please update these lines in Infobox:
| foundation = 1952[14]
| members = over 280,000[15]
Explanation: Corrects foundation to 1952, as specific date is not cited. Updates number of members. Adds reliable sourcing.
Done Duke Gilmore (talk) 19:47, 18 December 2022 (UTC)
6. Please remove the boxes with issues to be fixed from the top of the article and top of the History section. The preceding requests should have addressed all these issues.
Done Duke Gilmore (talk) 19:47, 18 December 2022 (UTC)
Thank you for considering these requests and let me know if I can be of assistance. Woodworker574 (talk) 21:38, 14 June 2022 (UTC)
References
- ^ Evans, Matt (18 Aug 2014). "New Truliant branches stretch credit union's reach". Triad Business Journal. Retrieved 11 April 2022.
- ^ a b c d O'Daniel, Adam (24 March 2015). "Truliant to add 10 branches, 120 employees in Charlotte". Charlotte Business Journal. Retrieved 11 April 2022.
- ^ a b Craver, Richard (3 March 2022). "Truliant plans to hire more than 100 employees, more than half in Triad". Winston-Salem Journal. Retrieved 14 April 2022.
- ^ DuPlessis, Jim (21 December 2021). "Truliant FCU Issues $50 Million Secondary Capital". Credit Union Times. Retrieved 15 April 2022.
- ^ a b DuPlessis, Jim (15 November 2019). "Truliant Sues Banks to Step Off its Trademarks". Credit Union Times. Retrieved 14 April 2022.
- ^ Shea, John (23 Oct 1996). "The Giant Credit Union At Front Line of Industry's Legal Battle with the Banks Series". American Banker.
- ^ a b Reuters Staff (29 October 1996). "Bank Industry Wins Court Battle Against Credit Unions". Reuters. Retrieved 14 April 2022.
{{cite news}}:|last1=has generic name (help) - ^ Crenshaw, Albert (1 September 1996). "Banks Win A Court Victory Limiting Credit Union Rivals". Washington Post. Retrieved 14 April 2022.
- ^ Greenhouse, Linda (26 February 1998). "Credit Unions Lose to Banks In High Court". The New York Times. Retrieved 14 April 2022.
- ^ "Credit unions celebrate congressional victory - Puget Sound Business Journal". Puget Sound Business Journal. Retrieved 2015-10-31.
- ^ "Victory Masonic Mutual CU, Historic Black-owned Community CU, Merges With Truliant FCU in Unique Arrangement". January 7, 2004. Retrieved 2015-10-31.
- ^ DuPlessis, Jim (15 November 2019). "Truliant Sues Banks to Step Off its Trademarks". Credit Union Times. Retrieved 14 April 2022.
- ^ Warfield, Andy (10 March 2022). "Q&A: Truliant's Todd Hall on growth, scaling and when its name will top the Winston Tower". Triad Business Journal. Retrieved 14 April 2022.
- ^ O'Daniel, Adam (24 March 2015). "Truliant to add 10 branches, 120 employees in Charlotte". Charlotte Business Journal. Retrieved 11 April 2022.
- ^ Craver, Richard (3 March 2022). "Truliant plans to hire more than 100 employees, more than half in Triad". Winston-Salem Journal. Retrieved 14 April 2022.
- @Woodworker574 All done. A lot of changes - let me know if I missed something. Cheers. Duke Gilmore (talk) 19:47, 18 December 2022 (UTC)