Local Government Federal Credit Union

Established in 1983, Local Government Federal Credit Union is headquartered in Raleigh, North Carolina.

Main Address

3600 Wake Forest Rd
Raleigh, NC 27609

Credit Union Details

Charter Number: 24003

Year Opened: 1983

Date Insured: May 27, 1983

Routing Number: 253184537

Peer Group: Assets more than $500 million

Credit Union Type: Federally chartered, federally insured credit union (FCU)

President of the Board: Ken Noland

Manager/CEO: Dwayne Naylor

Employees: 286 full-time employees

Members: 403,764 current members

Website

lgfcu.org

Grants

Grants received by this credit union.

Grantor
Date Awarded
Amount
Community Development Financial Institution (CDFI)
June 27, 2023
$740,000
Community Development Financial Institution (CDFI)
December 8, 2021
$625,000
Federal Home Loan Bank
October 28, 2021
$440,200
Community Development Financial Institution (CDFI)
June 15, 2021
$1,826,265
Community Development Financial Institution (CDFI)
December 17, 2019
$714,000
NCUA Technical Assistance Program - Community Development Revolving Loan Fund (CDRLF)
August 19, 2016
$7,000

Data from https://mapping.ncua.gov/CreditUnionDetails/24003

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FAQ

What does a credit union have to offer?

Credit unions are non-for-profit financial cooperatives, owned and controlled by the credit union's members.

What is a cooperative?

Cooperatives, in simplest terms, are institutions that belong to the people that use them.

Is my money safe?

Credit unions are insured up to $250,000 by the National Credit Union Administration (NCUA).

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