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Lampco Federal Credit Union


Overview / Commentary
www.lampco.com
765-649-9226
5411 Dr Martin Luther King Jr Blvd
Anderson, IN 46013

Lampco Federal Credit Union is headquartered in Anderson and is the 55th largest credit union in the state of Indiana. It is also the 2,187th largest credit union in the nation. It was established in 1962 and as of December of 2019, it had grown to 20 employees and 7,965 members at 3 locations. Lampco Federal Credit Union has a C health rating.

Field of Membership Restrictions

Lampco Federal Credit Union is open to anyone who lives, works, attends school, worships, or volunteers in Madison County, Indiana.
See current membership details

Related Posts

3 Month CD Spring Special Expired 2019 - 3/19/2020

The CD tab shows Lampco paying 2.02% for a 3 month CD. This special is on Lampco's website, but it expired 4/30/2019. The CSR I spoke to today said they were removing it from their website.

Kasasa Cash, 3.00% APY Up To $25,000 - 5/12/2019

New rate and balance cap for Kasasa Cash, 3.00% APY up to $25,000. Kasasa Saver rate was lowered to 1.00% APY (was 2.25% APY), but balance cap was doubled to $50,000. Lampco FCU is opened to residents of Madison County, Indiana.

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Health
C

Data as of Q4 2019

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. Lampco Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #15248
Year Chartered1962
Employees20
Primary Regulator
Profit Margin
Return on Assets - YTD-0.33%
Return on Equity - YTD-6.2%
Annual Interest Income$2.0MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$57.9MM$60.4MM
LoansQ4 2019vs Q4 2018$36.5MM$40.1MM
DepositsQ4 2019vs Q4 2018$52.4MM$50.4MM
Equity CapitalQ4 2019vs Q4 2018$3.1MM$3.6MM
Loan Loss AllowanceQ4 2019vs Q4 2018$210.00K$192.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$1.2MM$583.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0
  User-submitted Promotions & Notices

This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.

3 Month CD Spring Special Expired 2019

  |  
The CD tab shows Lampco paying 2.02% for a 3 month CD. This special is on Lampco's website, but it expired 4/30/2019. The CSR I spoke to today said they were removing it from their website.
1

Rates
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Always verify rates and promotions with the bank or credit union. We are not Lampco Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

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

Lampco Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$50kKasasa Saver
OTHER TIERS: 0.15% → $50k+
0.30%--IRA Share Account
0.03%$5-Regular Savings Account

Lampco Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$50k*-Money Market Account
OTHER TIERS: 0.05% → $2.5k - $10k | 0.10% → $10k - $50k

Lampco Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%*-$25kKasasa Cash
OTHER TIERS: 0.15% → $25k+

Lampco Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$500-5 Year Term Share Certificate
0.90%$500-1 Year Term Share Certificate
0.85%$500-4 Year Term Share Certificate
0.75%$500-3 Year Term Share Certificate
0.65%$500-2 Year Term Share Certificate
0.30%$500-3 Month Term Share Certificate
0.30%$500-6 Month Term Share Certificate
Locations


Lampco Federal Credit Union Locations
Branch Office525 E Hartman RdAnderson, IN 46012
Branch Office5411 Dr Martin Luther King Jr BlvdAnderson, IN 46013
Branch Office1515 N Madison AveAnderson, IN 46011

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