2. Latino Credit Union

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 611th largest credit union in the nation. It was established in 2000 and as of September of 2019, it had grown to 129 employees and 83,612 members at 12 locations. Latino Credit Union's money market rates are 3X 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: smd | Dec 17, 2019

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

so far so good

nice people -- dealing with the "virtual branch"

3

Great Credit Union!!

Posted by: NicoRT | Jun 7, 2018

Excellent service, great rates and a commendable mission.

2

Bad Review On The Bank

Posted by: megaamaria | Mar 14, 2019

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 Q3 2019

Learn why bank health matters

Health Grade Components

Overall
NCUA #68430
Year Chartered2000
Employees129
Primary Regulator
Profit Margin
Return on Assets - YTD1.63%
Return on Equity - YTD16.43%
Annual Interest Income$18.2MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$465.6MM$328.5MM
LoansQ3 2019vs Q3 2018$369.2MM$294.3MM
DepositsQ3 2019vs Q3 2018$394.2MM$267.6MM
Equity CapitalQ3 2019vs Q3 2018$44.6MM$37.5MM
Secondary CapitalQ3 2019vs Q3 2018$2.5MM
Loan Loss AllowanceQ3 2019vs Q3 2018$3.9MM$3.7MM
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$2.5MM$3.6MM
Real Estate OwnedQ3 2019vs Q3 2018$80.00K$80.00K
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
3.05%$25-IRA Share Account
0.25%$10-Regular Savings Account
0.25%$10-Children Account
0.25%$10-Youth Account
0.25%$10-Holiday Account
0.25%$100-Micro Business Share Account
0.25%$10-Not For Profit Share Account

Latino Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.51%$500-Regular Money Market
1.51%$1k-Micro Business Money Market
1.51%$1k-Not for Profit Money Market

Latino Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Regular Checking
0.15%--Youth Checking
0.15%$100-Micro Business Checking
0.15%$500-Not for Profit Checking

Latino Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%$200k-60 Month Jumbo CD
2.50%$200k-Business 60 Month Jumbo CD
2.45%$200k-48 Month Jumbo CD
2.45%$200k-Business 48 Month Jumbo CD
2.40%$200k-36 Month Jumbo CD
2.40%$200k-Business 36 Month Jumbo CD
2.25%$500-60 Month CD
2.25%$200k-24 Month Jumbo CD
2.25%$200k-Business 24 Month Jumbo CD
2.25%$500-Business 60 Month CD
2.20%$500-48 Month CD
2.20%$500-Business 48 Month CD
2.15%$500-36 Month CD
2.15%$500-Business 36 Month CD
2.00%$500-24 Month CD
2.00%$200k-18 Month Jumbo CD
2.00%$200k-Business 18 Month Jumbo CD
2.00%$500-Business 24 Month CD
1.95%$200k-12 Month Jumbo CD
1.95%$200k-Business 12 Month Jumbo CD
1.80%$500-18 Month CD
1.80%$500-Business 18 Month CD
1.70%$500-12 Month CD
1.70%$500-Business 12 Month CD
1.55%$200k-6 Month Jumbo CD
1.55%$200k-Business 6 Month Jumbo CD
1.50%$500-6 Month CD
1.50%$500-Business 6 Month CD
Locations

Availability



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