The Most Popular Credit Union in NC, Ranked

Choose the Credit Union you think is the most popular!

Author: Gregor Krambs
Updated on May 27, 2024 06:48
Selecting the right credit union can be a pivotal decision for many residents in North Carolina, influencing everything from savings growth to loan rates. These institutions are celebrated for their community-focused services and customer-centric approaches. Thus, understanding which credit unions stand out in the crowd based on consumer satisfaction and reliability can provide valuable insight for current and potential members. This ranking system serves as a dynamic reflector of public opinion, driven by the votes of individuals who interact with these credit unions daily. By participating in the voting process, users contribute to a transparent and updated hierarchy of preference and performance. Such insights not only guide new customers in making informed decisions but also encourage credit unions to continually improve their services to meet the needs of their communities.

What Is the Most Popular Credit Union in NC?

  1. 1
    23
    votes

    Coastal Credit Union

    A member-owned, not-for-profit financial cooperative located in Raleigh, serving members throughout North Carolina.
    • Total Assets: Over $4 billion
    • Members: Over 270,000
  2. 2
    8
    votes

    Piedmont Advantage Credit Union

    Based in Winston-Salem, offering a range of financial services to its members.
    • Total Assets: Over $350 million
    • Members: Over 40,000
  3. 3
    7
    votes

    Truliant Federal Credit Union

    A not-for-profit financial institution offering a full range of financial services to its members, with branches across North Carolina.
    • Total Assets: Over $3 billion
    • Members: Over 250,000
  4. 4
    5
    votes

    Summit Credit Union

    A Greensboro-based credit union providing a variety of financial services to its members across North Carolina.
    • Total Assets: Over $300 million
    • Members: Over 40,000
  5. 5
    0
    votes

    State Employees' Credit Union (SECU)

    The largest credit union in North Carolina, serving state and public school employees, their families, and members of the National Guard.
    • Total Assets: Over $50 billion
    • Members: Over 2 million
  6. 6
    0
    votes

    Allegacy Federal Credit Union

    Based in Winston-Salem, it offers a variety of financial services, including banking, loans, and investment advice.
    • Total Assets: Over $2 billion
    • Members: Over 160,000
  7. 7
    0
    votes

    Local Government Federal Credit Union (LGFCU)

    Serving local government employees, elected and appointed officials, volunteers and their families throughout North Carolina.
    • Total Assets: Over $2 billion
    • Members: Over 350,000
  8. 8
    0
    votes

    Members Credit Union

    A Winston-Salem based credit union that offers a variety of financial products and services to its members.
    • Total Assets: Over $400 million
    • Members: Over 50,000
  9. 9
    0
    votes

    First Carolina People's Credit Union

    Offering a range of financial services including loans, savings, and checking accounts to its members.
    • Total Assets: Not Available
    • Members: Not Available
  10. 10
    0
    votes

    Freedom Federal Credit Union

    Serving the financial needs of its members with a variety of banking services.
    • Total Assets: Not Available
    • Members: Not Available

Missing your favorite Credit Union?

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About this ranking

This is a community-based ranking of the most popular Credit Union in NC. We do our best to provide fair voting, but it is not intended to be exhaustive. So if you notice something or Credit Union is missing, feel free to help improve the ranking!

Statistics

  • 2119 views
  • 43 votes
  • 10 ranked items

Voting Rules

A participant may cast an up or down vote for each Credit Union once every 24 hours. The rank of each Credit Union is then calculated from the weighted sum of all up and down votes.

Additional Information

More about the Most Popular Credit Union in NC

Credit unions are member-owned financial institutions. They offer many of the same services as banks, such as savings accounts, checking accounts, and loans. However, they operate on a not-for-profit basis. This means that any profits they make are returned to their members in the form of lower loan rates, higher savings rates, and fewer fees.

In North Carolina, credit unions have a long history. They were established to serve communities and provide financial services to those who might not have access to traditional banking. Over the years, they have grown in size and scope. Today, they serve a broad range of members, from individuals to small businesses.

Members of credit unions often feel a sense of ownership and community. This is because credit unions are cooperative institutions. Each member has a vote in how the credit union is run. This democratic structure sets credit unions apart from banks, which are typically owned by shareholders.

Credit unions in North Carolina offer a variety of products and services. These include savings accounts, checking accounts, certificates of deposit, auto loans, home loans, and personal loans. Many also offer online banking, mobile banking, and financial education resources. This allows members to manage their finances conveniently and make informed decisions.

One of the key benefits of credit unions is their focus on member service. Because they are not driven by profit, credit unions can prioritize the needs of their members. This often results in better customer service and more personalized financial solutions.

Credit unions also play a role in supporting local communities. They often participate in community events, sponsor local initiatives, and provide financial education workshops. This community focus helps to build strong relationships between the credit union and its members.

Joining a credit union in North Carolina is usually straightforward. Most credit unions have membership criteria based on factors such as where you live, work, or worship. Once you meet the criteria, you can open an account and start enjoying the benefits of membership.

Credit unions are also known for their stability and security. They are regulated by the National Credit Union Administration (NCUA), which insures deposits up to $250,000. This provides members with peace of mind knowing their money is safe.

In recent years, credit unions in North Carolina have embraced technology to enhance their services. Many offer robust online and mobile banking platforms. These platforms allow members to check balances, transfer funds, pay bills, and deposit checks from their smartphones or computers. This level of convenience makes it easy for members to manage their finances on the go.

Overall, credit unions in North Carolina provide a valuable alternative to traditional banks. They offer competitive financial products, prioritize member service, and support local communities. For those seeking a financial institution that values its members and gives back to the community, credit unions are a strong choice.

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