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 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
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Started An IRA Here This Month -- Latino Community CU
started an IRA here this month -- Latino Community Credit Union
so far so good
nice people -- dealing with the "virtual branch"
Great Credit Union!!
Excellent service, great rates and a commendable mission.
Bad Review On The Bank
this is such a horrible bank , bad service really I really dont recommend people dont know how to do their own jobs
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68430 |
| Year Chartered | 2000 |
| Employees | 135 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.53% |
| Return on Equity - YTD | 15.75% |
| Annual Interest Income | $25.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $491.0MM$339.7MM |
| Loans | Q4 2019vs Q4 2018 | $390.7MM$310.2MM |
| Deposits | Q4 2019vs Q4 2018 | $417.0MM$276.9MM |
| Equity Capital | Q4 2019vs Q4 2018 | $46.4MM$39.1MM |
| Secondary Capital | Q4 2019vs Q4 2018 | $2.5MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $3.9MM$3.8MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $3.1MM$3.0MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $80.00K$147.00K |
