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.
Membership in Latino Credit Union is open to anyone by joining the Latino Community Development Center ($10 family membership fee).
See current membership details
• 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.
started an IRA here this month -- Latino Community Credit Union
so far so good
nice people -- dealing with the "virtual branch"
Excellent service, great rates and a commendable mission.
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.
this is such a horrible bank , bad service really I really dont recommend people dont know how to do their own jobs
Overall | |
---|---|
NCUA # | 68430 |
Year Chartered | 2000 |
Employees | 196 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 2.65% |
Return on Equity - YTD | 21.89% |
Annual Interest Income | $46.9MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2022vs Q4 2021 | $910.1MM$720.5MM |
Loans | Q4 2022vs Q4 2021 | $736.8MM$615.9MM |
Deposits | Q4 2022vs Q4 2021 | $649.2MM$608.1MM |
Equity Capital | Q4 2022vs Q4 2021 | $108.6MM$84.9MM |
Loan Loss Allowance | Q4 2022vs Q4 2021 | $6.5MM$5.6MM |
Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $6.0MM$4.8MM |
Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
2.02% | $500 | - | Regular Money Market | |
2.02% | $1k | - | Micro Business Money Market | |
2.02% | $1k | - | Not for Profit Money Market |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.10% | - | - | Regular Checking | |
0.10% | - | - | Youth Checking | |
0.10% | - | - | Micro Business Checking | |
0.10% | - | - | Not for Profit Checking |