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News Now

CU System
Self Help CU CEO Eakes injured in attack
DURHAM, N.C. (12/2/08)--Martin Eakes, the CEO of Self-Help CU and the Center for Responsible Lending, was robbed and severely beaten by four men in a parking garage as he left his Durham, N.C., office Nov 24. He suffered multiple bruises to the head and face, a gash to his forehead that required 15 stitches and a torn bicep that likely will require surgery (The Herald-Sun Nov. 30). The incident occurred at about 8 p.m. as he was about to enter the parking garage used by employees of Self-Help. The men delivered between 20 and 30 blows, targeting Eakes' head and face. They took his wallet and cell phone. Eakes told the publication he did not know the men or whether they were waiting for him in particular. The city-owned parking garage, located in Durham's center city, has generated several complaints about safety. Eakes and the Center for Responsible Lending are strong advocates in the fight against predatory payday lending tactics in North Carolina. The center helped pass the nation's first anti-predatory mortgage lending law in 1999. Eakes has received national attention from a variety of media, including Forbes.com and The Wall Street Journal about the center's lending philosophy.


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