The African American Credit Union Coalition (AACUC) inducted Maurice Smith, the President/CEO of Local Government FCU in Raleigh, into its Hall of Fame last week. Smith, who also serves as Vice Chairman of the Credit Union National Association (CUNA), joined three other credit union leaders in the Hall.
Smith’s induction came during CUNA’s Governmental Affairs Conference in Washington, DC. “This work we do in the credit union movement is God’s work and I don’t mean that as an exaggeration,” Smith said at the induction ceremony. “In our communities we have lots of people who are hurting from one thing or another and it’s our responsibility to help them live better lives.”
“Maurice Smith is a leading figure in the modern-day credit union movement,” said Carolinas Credit Union League (CCUL) President/CEO John Radebaugh. “His leadership has transformed Local Government into an innovative financial cooperative, and his wisdom, passion and vision has contributed to the growth of the credit union movement worldwide.”
LGFCU is a $1.7 billion full-service financial cooperative that serves employees and families of local government units in North Carolina. Smith has been President/CEO of the cooperative since 1999. Smith is a past president of the CCUL who has also served on the board of the Support Center (now the Carolina Small Business Development Fund), as well as the administrative board of the Filene Research Institute.