Lake Chem Community Federal Credit Union
Overview / Commentary
Lake Chem Community Federal Credit Union is headquartered in Benton and is the 21st largest credit union in the state of Kentucky. It is also the 2,181st largest credit union in the nation. It was established in 1971 and as of December of 2017, it had grown to 23 employees and 10,946 members at 3 locations. Lake Chem Community Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, worship or attend school in Marshall County and Calloway County, KY.
See current membership details
Reviews (1)
Love My Local FCU
Posted by: Heather Comer | Jun 30, 2016
The staff is always so helpful and friendly.
Health
B+
Data as of Q4 2017
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. Lake Chem Community Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 20641 |
| Year Chartered | 1971 |
| Employees | 23 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.31% |
| Return on Equity - YTD | 3.28% |
| Annual Interest Income | $2.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $57.1MM$54.8MM |
| Loans | Q4 2017vs Q4 2016 | $43.5MM$38.9MM |
| Deposits | Q4 2017vs Q4 2016 | $51.7MM$49.5MM |
| Equity Capital | Q4 2017vs Q4 2016 | $5.4MM$5.2MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $121.00K$89.00K |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $145.00K$157.00K |
| Real Estate Owned | Q4 2017vs Q4 2016 | $0$50.00K |
Rates
Sorry, we do not have rate data for Lake Chem Community Federal Credit Union.
Locations
| Lake Chem Community Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 35 US Highway 68 E | Benton, KY 42025 |
| Branch Office | 4822 US Highway 62 | Calvert City, KY 42029-8459 |
| Branch Office | 112 N 12th St | Murray, KY 42071 |