Advocate Maurice Smith is a globally accomplished credit union leader who has worked to improve the economic well-being of his membership and his North Carolina community for 40 years. Innovation and compassion were the hallmarks of a career that began at State Employees' Credit Union, and culminated with a simultaneous leadership of two credit unions - Local Government Federal Credit Union and Civic Federal Credit Union
Smith joined Local Government Federal Credit Union (LGFCU) as Executive Vice President in 1992 and became President/CEO in 2002. Under Smith’s leadership, LGFCU has become the fourth largest credit union in North Carolina, with more than 400,000 members and assets exceeding $3.5 billion. Fueled by a desire to address members’ demands for new technologies and services, Smith led the unprecedented move to create Civic, a sister credit union with service delivery solely through digital channels.
Always with an eye on economic justice, LGFCU has been certified by the NCUA as a Low-Income Designation (LID) Credit Union and the U.S. Treasury designation of Community Development Financial Institution (CDFI), for support of low-wealth communities. During his tenure at LGFCU, he has also earned a Juris Doctorate from the North Carolina Central University School of Law.
Among Smith’s most forward-thinking contributions within the cooperative world is the Eighth Cooperative Principle of Diversity, Equity, and Inclusion (DEI), formally adopted by the Credit Union National Association (CUNA) and currently under discussion by the International Cooperative Alliance. For him, the additional principle is a natural and necessary extension of the seven philosophical tenets that define cooperatives’ core values.
He is the former Chair of the American Credit Union and African-American Credit Union Coalition (AACUC), former President & CEO of Local Government Federal Credit Union. He is licensed to practice law in North Carolina, the District of Columbia, and before the United States Supreme Court. He is also a North Carolina Certified Superior Court Mediator. He was inducted into the Cooperative Hall of Fame- A prestigious recognition for individuals who have selflessly served the Co-operative system with dedication and integrity.
Education
• Bachelor of Science in Business Administration, University of North Carolina, Wilmington
• Juris Doctorate, NC Central University School of Law
Professional Activities
• Chair, Board of Directors, African American Credit Union Coalition
• Member, Board of Directors, National Cooperative Bank
• Member, Board of Directors, NCLM Local Leadership Foundation
• Member, Administrative Board, Filene Research Institute
• Member, Board of Trustees, University of NC Wilmington
• Member, NC State Bar, Tenth Judicial District
• Member, US District Court for the Eastern District of North Carolina
• Member, United States Supreme Court Bar
• Member, District of Columbia Bar
• Member, NC State Bar Association
• Member, American Bar Association
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