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.
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.
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 nearly 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.
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.
