Lake Chem Community Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.75%	1-year CD	12 Months CD 1.50% - Ally Bank No Penalty 11-Month CD
0.55%	Savings	Share Savings Account 1.20% - Ally Bank Online Savings Account
1.10%	2-year CD	24 Months CD 1.50% - Ally Bank Raise Your Rate 2-Year CD

View all Lake Chem Community Federal Credit Union rates »

Overview / Commentary

lakechemfcu.org

270-527-4389

35 Us Highway 68 E
Benton, KY 42025

Lake Chem Community Federal Credit Union is headquartered in Benton and is the 22^nd largest credit union in the state of Kentucky. It is also the 2,219^th largest credit union in the nation. It was established in 1971 and as of June of 2017, it had grown to 24 employees and 10,703 members at 3 locations. Lake Chem Community Federal Credit Union's savings rates are 44% higher than the national average, and it 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)

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Love My Local FCU

Posted by: Heather Comer | Jun 30, 2016

The staff is always so helpful and friendly.

Comment

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Health

B+

Data as of Q2 2017

Learn why bank health matters

Additional 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	24
Primary Regulator

Profit Margin
Return on Assets - YTD	0.17%
Return on Equity - YTD	1.87%
Annual Interest Income	$1.1MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$56.1MM$54.5MM
Loans	Q2 2017vs Q2 2016	$42.3MM$38.3MM
Deposits	Q2 2017vs Q2 2016	$50.8MM$49.3MM
Equity Capital	Q2 2017vs Q2 2016	$5.2MM$5.1MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$88.00K$108.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$11.00K$193.00K
Real Estate Owned	Q2 2017vs Q2 2016	$75.00K$45.00K

Rates

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Checking
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Lake Chem Community Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%	-	-	IRA Share Account
0.75%^*	$100k^*	-	Premium Share Savings Account
OTHER TIERS: 0.25% → $25 - $7,500 \| 0.35% → $7,500 - $10k \| 0.45% → $10k - $20k \| 0.55% → $20k - $50k \| 0.65% → $50k - $100k
0.55%^*	$100k^*	-	Share Savings Account
OTHER TIERS: 0.10% → $25 - $7,500 \| 0.20% → $7,500 - $10k \| 0.30% → $10k - $20k \| 0.35% → $20k - $50k \| 0.50% → $50k - $100k
0.50%	$25	-	Kids Club Share Account
0.10%	-	-	Vacation Club Share Account
0.10%	-	-	Christmas Club Share Account

Lake Chem Community Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.50%	$500	-	Premium Share Draft Account

Lake Chem Community Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.10%	$1k	-	24 Months CD
0.90%	$1k	-	18 Months CD
0.75%	$1k	-	12 Months CD

Lake Chem Community Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.10%	$1k	-	24 Months IRA
0.90%	$1k	-	18 Months IRA
0.75%	$1k	-	12 Months IRA

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