First Legacy Community Credit Union


Overview / Commentary
704-375-5781
431 Beatties Ford Road
Charlotte, NC 28216

First Legacy Community Credit Union is headquartered in Charlotte and is the 45th largest credit union in the state of North Carolina. It is also the 2,850th largest credit union in the nation. It was established in 1941 and as of June of 2019, it had grown to 7 employees and 8,185 members at 3 locations. First Legacy Community Credit Union's savings rates are 44% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

First Legacy Community Credit Union of North Carolina is open to the residents, church members, registered students and the people that maintain employment within these eligible counties: Mecklenburg, Rowan, Iredell, Cabarrus, Catawba, Alexander, Davie, Gaston, Cleveland, and Lincoln.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. First Legacy Community Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #68593
Year Chartered1941
Employees7
Primary Regulator
Profit Margin
Return on Assets - YTD-0.74%
Return on Equity - YTD-7.35%
Annual Interest Income$634.00K
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$31.1MM$40.0MM
LoansQ2 2019vs Q2 2018$25.3MM$16.5MM
DepositsQ2 2019vs Q2 2018$26.4MM$35.6MM
Equity CapitalQ2 2019vs Q2 2018$3.2MM$4.2MM
Loan Loss AllowanceQ2 2019vs Q2 2018$900.00K$636.00K
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$298.00K$1.8MM
Real Estate OwnedQ2 2019vs Q2 2018$0$284.00K
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not First Legacy Community Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

First Legacy Community Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$500-IRA Savings
0.75%*$50k*-Dividend Share
OTHER TIERS: 0.40% $100 - $2.5k | 0.55% $2.5k - $25k | 0.65% $25k - $50k
0.75%*$50k*-Christmas Club
OTHER TIERS: 0.40% $100 - $2.5k | 0.55% $2.5k - $25k | 0.65% $25k - $50k
Locations


First Legacy Community Credit Union Locations
Branch Office405 S Chester STGastonia, NC 28052
Branch Office431 Beatties Ford RdCharlotte, NC 28216
Branch Office2146 Statesville BlvdSalisbury, NC 28147

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.