Local Government Credit Union

About Local Government Credit Union

Local Government Credit Union Location

323 West Jones Street, Suite 600
Raleigh, NC 27603

Phone: (919) 755-0534
Website: www.lgfcu.org
Routing/Transit Number: Not Available

Local Government Credit Union Information

Local Government Credit Union of Raleigh, NC is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 168618 members and assets of $823,261,771, as compared to the national average of $93 million dollars of assets per credit union. Local Government Credit Union, first opened in 1983 and has been in operation since then. Additionally, Local Government Credit Union has 43 full time employees and 0 part time employees, or 3921.34883721 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Local Government Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Local Government Credit Union is a not-for-profit, cooperative, tax-exempt organization.