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Maurice R. Smith is the President/CEO of Local Government Federal Credit Union. LGFCU is a financial cooperative serving the financial needs of employees, appointed officials, elected officeholders and volunteers of local governments in North Carolina.

Maurice began his career in financial services as a loan officer for State Employees’ Credit Union. Smith served in several capacities including vice-president/city executive and vice-president of marketing and training. Smith joined LGFCU in 1992 as the Executive Vice-President and was promoted to President in 1999.

Mr. Smith received his Bachelors of Science in Business Administration from the University of North Carolina at Wilmington and earned a Juris Doctorate from the NC Central University School of Law; is licensed to practice law in North Carolina, the District of Columbia and before the United States Supreme Court. Smith is also a North Carolina Certified Superior Court Mediator; achieved a NC Real Estate Brokers License, Certified Credit Union Executive Designation and attended several management and marketing schools.

Maurice and his wife have two children and live in Cary, North Carolina. He is a Deacon at Wake Chapel Church in Raleigh, North Carolina, and participates in several community and civic activities.  Mr. Smith is a self-proclaimed cooperative nerd. He believes that a business model that empowers its members to engage in democratic, self-help, classless principles is superior to other business types. As a fan of credit union ideals, Smith is avid about his beliefs.

Memberships & Activities:


  • Member, Board of Directors, Credit Union National Association

  • 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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