The continued state of our economy has sparked a flurry of activity in Durham. From the Occupy Wall Street-inspired Occupy Durham to the young independent business alliance Sustain A Bull, many activities occured over the last year with the motivation to keep more dollars in Durham's local economy.
As a small business owner, you may have considered different ways you can add more dollars to the local economy. Something you can do is literally keep your dollars in the local economy by joining a credit union located in Durham. Many credit unions offer companies the same benefits they offer consumers - higher savings interest rates, lower loan interest rates and a breadth of personal service options unmatched by larger banks including access to group health, life and other insurance products - critical for small business owners.
The following credit unions located in Durham offer business services for their members:
Coastal Federal Credit Union (866) 868-4262
Business Services: Checking, Visa credit card, under $50K and over $50K loans, mortgages, merchant services
Membership Criteria: employees, retirees, and widow(er)s of specific IBM facilities; employees, retirees and other stakeholders of over 100 CFCU Business Partners; residents and visitors of Sanford, NC; your company can become a business partner
- Durham South Square, 3125 Shannon Rd (27707)
- Southpoint Crossings, 202 W Hwy 54, Suite 501 (27713)
- Page Rd, 5316 Page Rd (27703)
- also has several locations in Wake county
Latino Community Credit Union (919) 688-9270 or (919) 530-8800
Business Services: savings, checking, money market, certificates, up to $10k loans, credit card
Membership Criteria: be a member of the Latino Community Development Center ($20 per family)
- 100 W. Morgan St (27701)
- also located in Carborro, Charlotte, Raleigh and several other NC cities
RTP Federal Credit Union (877) 941-5700
- The Shops at Park Center, 21 Park Drive, RTP (27709)
- also located in Cary and Raleigh
Self Help Credit Union (800) 476-7428
Membership Criteria: pay $25 membership fee which includes donation to the Center for Community Self-Help
- 301 W Main St (27701)
- also located in several branches throughout North Carolina, Washington DC and California
All deposit accounts with these credit unions are insured by the National Credit Union Association (NCUA) up to $250,000.
Contact each of these credit unions to find out who can best service your company.