First Legacy Community Credit Union

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A short history of First Legacy Community CU

Since its inception in 1941 the First Legacy Community Credit Union has been serving its members in the CHARLOTTE, North Carolina area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by MICHELLE OUTLAW, the First Legacy Community CU has grown its membership to over 8,717 with assets of more than $31,321,912. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (704) 375-5781 or email them at info@firstlegacyccu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in CHARLOTTE, NC.

General Information For First Legacy Community CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 68593
Address 431 BEATTIES FORD ROAD 
City CHARLOTTE 
State North Carolina 
Zip-Code 28216
Phone Number (704) 375-5781
Fax Number (704) 375-8682
Email Address: info@firstlegacyccu.org
CEO/President MICHELLE OUTLAW
Members 8,717 
Full-Time Employees 13 
Part-Time Employees
Number of Branch Offices
Total Assets 31,321,912 
Website http://www.firstlegacyccu.org 

Compare First Legacy Community Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Carolinas Telco CU Crisman Street 2821 Crisman St 28266 (704) 391-5600 No 4.43
Nova CU Carolina Postal Credit Union 3601 Mulberry Church Rd 28208 (704) 392-3418 No 4.82
Charlotte Metro CU Huntersville 16649 Statesville Rd 28078 (704) 375-0183 No 7.03
Charlotte Fire Department CU CorporateOffice 2100 Commonwealth Ave 28205 (704) 375-3950 No 7.74
Blue Flame CU Charlotte 4301 Yancey Rd 28220 (704) 523-0075 No 8.04

First Legacy Community Credit Union Financial Performance Charts


Performance Charts

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Financial Data


First Legacy Community Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 16.90 5.00 14.00 8.00 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 544 397 805 470 229
Rank Among All North Carolina Credit Unions 38 35 58 34 12

First Legacy Community Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.40 N/A 1.00 1.00
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 75 N/A 174 158
Rank Among All North Carolina Credit Unions N/A 5 N/A 9 9
First Legacy Community Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 16.900507414,220
All Other Unsecured Loans/Lines of Credit 16.0001,1161,348,194
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.00027423,720
Used Vehicle Loans 14.0003272,351,084
Total 1st Mortgage Real Estate Loans/Lines of Credit 8.0001049,553,851
Total Other Real Estate Loans/Lines of Credit 5.000371,922,845
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 2.900401,268,168
TOTAL LOANS & LEASES 2,15817,282,082

First Legacy Community Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 413,826,37100
    b. 15 Years or less 9186,33100
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 545,541,14900

OTHER REAL ESTATE

Closed-End Fixed Rate 51,065,30700
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 25787,70000
Open-End Fixed Rate 769,83800
TOTALS 14111,476,69600

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

First Legacy Community Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes