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iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
 Local Government Federal Credit Union Rates & Review April 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
Read Full Bio →
Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated: April 17, 2026
Local Government Federal Credit Union's Personal Loan Rates are at 4.99%. MonitorBankRates evaluates the financial stability of Local Government Federal Credit Union with a 1.0 Star Rating, an F Overall Health Grade, and a Texas Ratio of 74.47%. Rates were last updated on 04/17/2026. Local Government Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Local Government Federal Credit Union? Share your experience about Local Government Federal Credit Union by leaving a review below, or read customer reviews before you decide to use Local Government Federal Credit Union. Local Government Federal Credit Union
LGFCU WFR Operations Centre 3600 Wake Forest Rd
https://www.lgfcu.org Raleigh, NC 27609 7309 
Local Government Federal Credit Union Auto Loan Rates
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for Local Government Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Local Government Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Local Government Federal Credit Union's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
Local Government Federal Credit Union
Website
https://www.lgfcu.org
Address
3600 Wake Forest Rd,
Raleigh, NC 27609 7309
Phone
919-755-0534
Fax
919-755-0193
President
Aaron Noble Jr
CEO
Dwayne Naylor
Full-Time Employees
457
Part-Time Employees
1
Branch Locations
11
ATM Locations
0
NCUA Insured
✓ Yes — Up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
1.0 / 5.0 ★
Overall Health & Safety Grade
F (23/100)
Texas Ratio
74.47%
Return on Assets (ROA)
-2.1449%
Return on Equity (ROE)
-26.6001%
Non-Performing Loans Ratio (NPL)
6.83%
Total Assets
3,513,605,846
Total Amount of Shares and Deposits
2,835,201,612
Total Shares and Deposits < 1 Year
2,213,380,521
Total Shares and Deposits 1 3 Years
539,122,950
Total Shares and Deposits > 3 Years
82,698,141
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
270,131,243
Total Uninsured Shares and Deposits > $250K (F+J)
270,131,243
Total Insured Shares and Deposits > $250K (item 17 less item K)
2,565,070,369
Total Interest Expense (Sum of items 6 8)
71,342,390
Share Certificates
31,160
Number of Accounts for Share Drafts
196,337
IRA KEOGH Accounts
6,153
Number of Accounts for Regular Shares
335,131
All other shares
15,221
Non Member Deposits
19
Money Market Shares
23,675
Net Income (unless the amount is already included in Undivided Earnings)
-75,365,011
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
120,616,412
Total Liabilities
3,300,769,432
Source: NCUA — Last Updated 09/30/2025
Frequently Asked Questions About Local Government Federal Credit UnionIs Local Government Federal Credit Union a safe place to deposit money?Yes, Local Government Federal Credit Union is considered a safe financial institution. With a Texas Ratio of 74.472231181092%, the institution's financial health is rated as stable. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category. How many branches does Local Government Federal Credit Union operate?Local Government Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is a member application needed to join Local Government Federal Credit Union?Yes, to access services at Local Government Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations. Is there a first-time homebuyer program?Currently, Local Government Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, Local Government Federal Credit Union provides members with tools to manage their accounts and build a solid financial history. Does Local Government Federal Credit Union offer online and mobile banking?Most modern institutions like Local Government Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.lgfcu.org. Compare to Other Credit Unions
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