The LGFCU Story

This isn’t just a story about a credit union. It’s really a story about you.

In the beginning, there was one credit union for all of North Carolina’s government employees, both state and local. But a few banks insisted that this credit union was serving more than its designated field of membership, despite (and probably because of) our huge happy membership base.

So State Employees’ Credit Union (SECU) continued to serve the needs of state level employees while Local Government Federal Credit Union (LGFCU) was born to focus on the local government employees and volunteers we serve today.

Our Carolina home

LGFCU received a federal charter on March 24, 1983. It’s important to the story to know we received a federal charter. Why? Because a federal charter means we can serve members across the United States, but we made a careful decision to focus in on our home state of North Carolina. That’s how important our members are to us. And how much we love BBQ.

Let’s stay friends

Our relationship with SECU has remained strong since those early days. So strong, in fact, that our members are served through SECU’s network of more than 1,100 CashPoints® ATMs and 250 branches across North Carolina. From Murphy to Manteo, when you see a CashPoints® or SECU location, LGFCU members are welcomed.

Members decide

LGFCU is a not-for-profit cooperative. That means that everything we do is driven by our mission to improve the lives of our members, not driven by the need for a CEO to sail around the world on his gold-plated yacht. It also means that each of our members is a stakeholder in LGFCU. Every member gets a vote. Every member helps to decide and shape our future.

A few of our favorite things

Our community: Our mission is to support those of you who work for and in our communities, so it’s no surprise that we have a strong community focus here. We’ve raised a combined $1.35 million for the North Carolina State Firemen’s Association, the North Carolina Association of Rescue and EMS and the North Carolina Recreation and Parks Association through affinity debit cards. We offer college scholarships for students and professional scholarships to the UNC School of Government, and have so far awarded more than $175,000 to our members to help them advance their education and careers. It’s about more than money, it’s about supporting the foundation of strong communities.

Financial education: One of the benefits of LGFCU membership is free one-on-one financial planning with one of our experts. Our team will work with you to solve your most pressing financial issues in a way that makes sense for your life and your family. You require a budget for your french fry habit? We won’t judge. We’re here to help no matter what!

Volunteers: We love volunteers so much that we extend our membership benefits to volunteers of local governments and public hospitals. We also love volunteering, which is why the LGFCU Volunteerism Committee was formed to organize monthly volunteer opportunities for staff. And we really love the member volunteers who keep LGFCU running every day. From our volunteer committees to the Advisory Council to our Board of Directors it’s volunteers who are the lifeblood of our company.

You: We hope it’s clear by now how important you are to everyone at LGFCU. We know the job you do protecting and serving our local communities is important, and we want you to be able to focus on that, not worry about hidden fees or not being able to pay your mortgage. Our day-to-day work revolves around serving your needs and helping you manage your finances in convenient and affordable ways.

Next Steps

Because we are member-owned and member-run, you decide what’s next for LGFCU! Here’s how to make things happen: