Overview / Commentary
L. E. O. Credit Union is headquartered in Painesville and is the 169th largest credit union in the state of Ohio. It is also the 3,728th largest credit union in the nation. It was established in 1985 and as of March of 2021, it had grown to 4 employees and 1,888 members at 1 location. L. E. O. Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in L.E.O. Credit Union is open to employee and retirees of Lubrizol and its subsidiaries.
See current membership details
Health
B+
Data as of Q1 2021
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. L. E. O. Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 66329 |
| Year Chartered | 1985 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.59% |
| Return on Equity - YTD | 3.26% |
| Annual Interest Income | $102.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $14.7MM$14.0MM |
| Loans | Q1 2021vs Q1 2020 | $4.1MM$4.9MM |
| Deposits | Q1 2021vs Q1 2020 | $12.0MM$11.3MM |
| Equity Capital | Q1 2021vs Q1 2020 | $2.7MM$2.6MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $43.00K$79.00K |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $15.00K$59.00K |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |