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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 462nd largest credit union in the nation. It was established in 2000 and as of December of 2022, it had grown to 196 employees and 118,789 members at 15 locations. Latino Credit Union's CD rates are 6X 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

CD Cash Back: 1% Of The Total Deposit Amount - 6/14/2022

Cash Back: 1% of the total deposit amount, rounded to the nearest cent. This bonus will be provided in addition to the interest earned during the TC term. I believe this would be the highest 12 month CD available nationally, but really only makes sense for the jumbo rates. Rough estimate: A 12 Month CD with a minimum $100,000 deposit would yield 2.50% apy A 12 Month CD with a minimum $200,000 deposit would yield 2.95% apy Interest is deposited in your savings account monthly.

Latino Community Credit Union Ups Competitive Jumbo CD Rates - 5/2/2022

Latino Community Credit Union (easy membership) has again increased its competitive Jumbo CD upper-tier rates ($200k minimum opening deposit).

Latino Community Credit Union Boosts Competitive Jumbo CD Rates - 4/23/2022

Latino Community Credit Union (easy membership) has boosted its competitive Jumbo CD tiered rates ($100k and $200k minimum deposits) again.

View all posts from:


Reviews (5)

Best Service Ever!

Posted by: |

• Wish other credit union and bank provides similar excellent service.
• Yahira Garcia is a gem. She goes out of her way to accommodate me. She even replies her email on her day off.
• No credit check required for a CD
• Application approved almost immediately
• Wire funded account the next day
• 1.95% APY for a 12 months CD with minimum $200,000
• Most interesting, answers phone in Spanish, website defaults in Spanish. They do speak English.

4

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"

9

Great Credit Union!!

Posted by: |

Excellent service, great rates and a commendable mission.

4

Lack Of Service Is Off-Putting

Posted by: |

Called three weeks ago and I could not communicate with the person who answered the phone because of language issues. I asked for a callback and left my number. No callback - so goodbye Latino CU.

1

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

6


Health
A

Data as of Q4 2022

Learn why bank health matters

Health Grade Components

Overall
NCUA #68430
Year Chartered2000
Employees196
Primary Regulator
Profit Margin
Return on Assets - YTD2.65%
Return on Equity - YTD21.89%
Annual Interest Income$46.9MM
Assets and Liabilities
AssetsQ4 2022vs Q4 2021$910.1MM$720.5MM
LoansQ4 2022vs Q4 2021$736.8MM$615.9MM
DepositsQ4 2022vs Q4 2021$649.2MM$608.1MM
Equity CapitalQ4 2022vs Q4 2021$108.6MM$84.9MM
Loan Loss AllowanceQ4 2022vs Q4 2021$6.5MM$5.6MM
Unbacked Noncurrent LoansQ4 2022vs Q4 2021$6.0MM$4.8MM
Real Estate OwnedQ4 2022vs Q4 2021$0$0
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.

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

Latino Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.82%$25-IRA Share Account
0.15%$10-Regular Savings Account
0.15%$10-Children Account
0.15%$10-Youth Account
0.15%$10-Holiday Account
0.15%$100-Micro Business Share Account
0.15%--Not For Profit Share Account

Latino Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%$500-Regular Money Market
2.02%$1k-Micro Business Money Market
2.02%$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%--Micro Business Checking
0.10%--Not for Profit Checking

Latino Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.10%*$200k*-12 Month Jumbo CD
OTHER TIERS: 4.20% → $100k - $200k
4.95%*$200k*-18 Month Jumbo CD
OTHER TIERS: 4.30% → $100k - $200k
4.90%*$200k*-6 Month Jumbo CD
OTHER TIERS: 4.10% → $100k - $200k
4.85%*$200k*-24 Month Jumbo CD
OTHER TIERS: 4.40% → $100k - $200k
4.60%*$200k*-36 Month Jumbo CD
OTHER TIERS: 3.70% → $100k - $200k
4.30%$500-24 Month CD
4.25%*$200k*-60 Month Jumbo CD
OTHER TIERS: 3.60% → $100k - $200k
4.20%$500-18 Month CD
4.20%*$200k*-48 Month Jumbo CD
OTHER TIERS: 3.65% → $100k - $200k
4.10%$500-12 Month CD
4.00%$500-6 Month CD
3.60%$500-36 Month CD
3.55%$500-48 Month CD
3.50%$500-60 Month CD
Locations

Availability

Raleigh Area

Interactive local rates map


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