Allegacy Federal Credit Union, headquartered at 4680 N Patterson Ave, Winston-Salem, NC 27105, operates as a member-owned financial cooperative serving its community. Founded to provide accessible banking and low-cost financial services, the credit union emphasizes democratic governance, with members gaining voting rights and a voice in organizational decisions. Its structure centers on not-for-profit operations, reinvesting earnings to benefit members through competitive rates, lower fees, and broader service offerings.
Historically, Allegacy has evolved from a local cooperative vision to a diversified financial institution, expanding its reach while maintaining a community-focused mission. The organization provides a range of core banking services, including deposit accounts, consumer and small-business lending, and access to digital banking tools. Its operational scope typically encompasses branch networks, member education initiatives, and financial counseling designed to support prudent money management, savings growth, and responsible borrowing within the constraints of regulatory compliance and charter requirements.
Better than 23% of providers in Winston-Salem
In addition to the primary service, Allegacy Federal Credit Union also offers:
Other providers in Winston-Salem with similar ratings:
Allegacy Federal Credit Union is a verified financial service provider. This means we have confirmed their business information, contact details, and they have received customer reviews. You can trust this provider for your financial needs.
Find answers to common questions
Allegacy Federal Credit Union is listed as a financial service provider in Winston-Salem, NC and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask Allegacy Federal Credit Union to explain the terms in writing before you proceed.
To improve your chances of getting better terms from Allegacy Federal Credit Union, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare Allegacy Federal Credit Union with other providers in Winston-Salem and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
Allegacy Federal Credit Union has a rating of 2.9, which is better than 23% of providers in Winston-Salem.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents Allegacy Federal Credit Union requests. It is always best to call ahead using the phone number on this page so Allegacy Federal Credit Union can confirm exactly which documents you need for your specific situation.
In addition to its primary service, Allegacy Federal Credit Union also offers: Credit union, Business banking service, Financial planner, Loan agency, Mortgage lender.