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Latino Credit Union


Overview / Commentary
latinoccu.org
919-530-8800
100 W Morgan St
Durham, NC 27701-3315

Latino Credit Union is headquartered in Durham and is the 10th largest credit union in the state of North Carolina. It is also the 599th largest credit union in the nation. It was established in 2000 and as of December of 2019, it had grown to 135 employees and 83,977 members at 12 locations. Latino Credit Union's money market rates are 70% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Latino Credit Union is open to anyone by joining the Latino Community Development Center ($10 family membership fee).
See current membership details

Related Posts

IRA Saving 3% - 9/13/2019

Latino Credit Union has a 3% IRA Savings Account that is posted on their website. It sounds too good to be true and there is no time limit on the rate as far as I can determine. Has Anyone used this account ? Thanks

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Reviews (3)

Started An IRA Here This Month -- Latino Community CU

Posted by: |

started an IRA here this month -- Latino Community Credit Union

so far so good

nice people -- dealing with the "virtual branch"

5

Great Credit Union!!

Posted by: |

Excellent service, great rates and a commendable mission.

2

Bad Review On The Bank

Posted by: |

this is such a horrible bank , bad service really I really dont recommend people dont know how to do their own jobs

1


Health
A

Data as of Q4 2019

Learn why bank health matters

Health Grade Components

Overall
NCUA #68430
Year Chartered2000
Employees135
Primary Regulator
Profit Margin
Return on Assets - YTD1.53%
Return on Equity - YTD15.75%
Annual Interest Income$25.0MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$491.0MM$339.7MM
LoansQ4 2019vs Q4 2018$390.7MM$310.2MM
DepositsQ4 2019vs Q4 2018$417.0MM$276.9MM
Equity CapitalQ4 2019vs Q4 2018$46.4MM$39.1MM
Secondary CapitalQ4 2019vs Q4 2018$2.5MM
Loan Loss AllowanceQ4 2019vs Q4 2018$3.9MM$3.8MM
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$3.1MM$3.0MM
Real Estate OwnedQ4 2019vs Q4 2018$80.00K$147.00K
Rates
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Always verify rates and promotions with the bank or credit union. We are not Latino Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Latino Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.26%$25-IRA Share Account
0.20%$10-Regular Savings Account
0.20%$10-Children Account
0.20%$10-Youth Account
0.20%$10-Holiday Account
0.20%$100-Micro Business Share Account
0.20%$10-Not For Profit Share Account

Latino Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%$500-Regular Money Market
0.75%$1k-Micro Business Money Market
0.75%$1k-Not for Profit Money Market

Latino Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Regular Checking
0.10%--Youth Checking
0.10%$100-Micro Business Checking
0.10%$500-Not for Profit Checking

Latino Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.95%$500-60 Month CD
0.95%$500-48 Month CD
0.95%$500-Business 48 Month CD
0.95%$500-Business 60 Month CD
0.90%$500-36 Month CD
0.90%$500-Business 36 Month CD
0.80%$500-24 Month CD
0.80%$500-Business 24 Month CD
0.75%$500-18 Month CD
0.75%$500-12 Month CD
0.75%$500-Business 12 Month CD
0.75%$500-Business 18 Month CD
0.60%$500-6 Month CD
0.60%$500-Business 6 Month CD
Locations

Availability



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