Lake Chem Community Federal Credit Union
Overview / Commentary
Lake Chem Community Federal Credit Union is headquartered in Benton and is the 18th largest credit union in the state of Kentucky. It is also the 1,852nd largest credit union in the nation. It was established in 1971 and as of March of 2025, it had grown to 22 employees and 10,442 members at 3 locations. Lake Chem Community Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Lake Chem Community Federal Credit Union is open to anyone who lives, works, worships or attends school in Marshall or Calloway counties.
See current membership details
Health
B+
Data as of Q1 2025
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 | 22 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.13% |
| Return on Equity - YTD | -1.48% |
| Annual Interest Income | $1.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $97.8MM$93.7MM |
| Loans | Q1 2025vs Q1 2024 | $74.5MM$71.7MM |
| Deposits | Q1 2025vs Q1 2024 | $89MM$85.3MM |
| Equity Capital | Q1 2025vs Q1 2024 | $8.7MM$8.3MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $307K$219K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $601K$412K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $30K$0 |