Victory- Masonic Mutual Credit Union

Winston-Salem NC


Victory-Masonic Mutual Credit Union was chartered in 1946 and is a NCUA designated Low-Income Credit Union. A certified CDFI, Victory-Masonica€™s field of membership includes low-income individuals, African-Americans and other underserved minorities. Victory-Masonic reports having a membership of 1,575 of which 99% are African-American and more than 75% are low-income. Victory-Masonic provides share accounts, share secured loans, consumer loans, mortgage loans and automobile loans to its members.

CDFI Awards for Victory- Masonic Mutual Credit Union


CORE (2000) - $310,000

The CDFI Fund"s $310,000 award ($250,000 capital grant and $60,000 technical assistance grant) will assist the credit union"s efforts to provide loans and financial services to its members.



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