LGFCU

AcronymDefinition
LGFCULocal Government Federal Credit Union
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LGFCU is a not-for-profit, member-owned financial cooperative established to serve the financial needs of local government employees, elected officials, volunteers and their families.
That's why LGFCU announces today they are setting aside $50 million in investment funding for North Carolina municipal bonds.
Smith said while LGFCU currently markets to members using a variety of methods including email, direct response marketing via USPS, point of sale displays and statement inserts, the credit union was searching for a solution to improve efficiency and effectiveness.
LGFCU created a youth initiative that started with trading cards, which were mailed to its youngest members.
Major financial institutions are often not interested in small-scale economic development projects, like retrofitting an abandoned downtown building or helping increase storefront signage along Main Street," said LGFCU President Maurice Smith.
Advisory council members function as LGFCU's eyes and ears throughout the state, serving as liaisons between credit union members and nonmembers and LGFCU management.
Association of County Commissioners got together and sponsored the creation of LGFCU.
LGFCU has also appointed Noe'l Walker to its Youth Advisory Council, which assists the credit union in the development of a new generation of products and services for children, teens and young adults.
He said industry survival rests on greater cooperation and commitment and on that score, the LGFCU head said he remains "an egalitarian favoring equal treatment of members.
Ironically, in a way LGFCU owes its start to banks.
In-house newsletters often serve as the primary vehicle for reaching employees with important news and information," said LGFCU President Maurice Smith.
He joined LGFCU in 1992 as the executive vice president and has served since 1999 as president of the credit union, where his goal has been to advance the credit union philosophy.