Durham, NC – Latino Community Credit Union (LCCU) hosted a ceremony to celebrate the opening of its second branch in the Durham area on Tuesday, February 19, 2019. Located at 4251 N. Roxboro St., the site is the 13th in a network of branches located in North Carolina’s largest urban areas.
The ceremony was attended by a wide-range of elected officials, community partners and leaders in the credit union movement. John Herrera, board chair and co-founder of LCCU, reflected on how essential LCCU’s ethical and empowering financial products and services have been to Durham as the Latino and immigrant population has grown exponentially. “Access to economic opportunity is fundamental to the well-being of the community and a city. LCCU has always been there, and will continue to be there, to ensure that to those who needed it the most have the ability to enter and thrive in the financial mainstream.”
The ceremony kicked off with an inspiring video that showed how LCCU was formed and how its reach and impact has grown over the years.
With this new branch, LCCU looks to expand access to its products and services across Durham and ensure that more local residents have the opportunity to bank and invest locally and ethically. Additionally, the new branch will help alleviate some demand from the flagship Downtown Durham branch and allow residents from cities further north to access essential financial products and services.
For more information regarding hours of operation, loan requirements, and interest rates, contact Latino Community Credit Union at (984) 439-1655 or (919) 595-1800.
Watch the origin story of Latino Community Credit Union (source: YouTube)
Since launching its first branch in Durham in 2000, LCCU has grown into one of the largest and most successful credit unions in North Carolina, offering a full range of financial products and services to over 78,000 members from 13 branches across the state. As a bilingual, full-service credit union, LCCU creates economic opportunity for all by providing access to ethical financial products and education that empower communities. Currently, LCCU has over $360 million in assets and has experienced a 120% growth rate over the last five years.