Labor Management Federal Credit Union
LOCATIONS
1
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HEALTH RATING
B+
View health report
CURRENT TOP RATE
1.95% APY
13 Month Jumbo CD Special
View all rates
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.75% | 5-year CD | |
| 0.90% | 1-year CD | |
| 0.30% | Savings |
Overview / Commentary
Labor Management Federal Credit Union is headquartered in LEWISPORT and is the 32nd largest credit union in the state of Kentucky. It is also the 2,998th largest credit union in the nation. It was established in 1974 and as of June of 2018, it had grown to 8 employees and 2,239 members at 1 location. Labor Management Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, worship and work in Hancock County, Kentucky.
See current membership details
Health
B+
Data as of Q2 2018
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. Labor Management Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 21853 |
| Year Chartered | 1974 |
| Employees | 8 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.65% |
| Return on Equity - YTD | 5.04% |
| Annual Interest Income | $488.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $28.1MM$26.1MM |
| Loans | Q2 2018vs Q2 2017 | $20.3MM$17.8MM |
| Deposits | Q2 2018vs Q2 2017 | $24.4MM$22.6MM |
| Equity Capital | Q2 2018vs Q2 2017 | $3.6MM$3.4MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $66.00K$97.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $39.00K$308.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
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Labor Management Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.10% | $100 | - | Variable Rate IRA | |
| 0.30% | $50 | - | Dividend Savings | |
| 0.30% | - | - | Christmas Club | |
| 0.30% | - | - | Vacation Club |
Labor Management Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | - | - | Dividend Checking |
Labor Management Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.95% | $5k | - | 13 Month Jumbo CD Special | |
| 1.75% | $500 | - | 60 Month CD | |
| 1.15% | $500 | - | 36 Month CD | |
| 1.10% | $500 | - | 24 Month CD | |
| 1.00% | $500 | - | 18 Month CD | |
| 0.90% | $500 | - | 12 Month CD | |
| 0.50% | $500 | - | 6 Month CD |
Locations
| Labor Management Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 679 STATE ROUTE 1957 | LEWISPORT, KY 42351-6967 |