Lassen County Federal Credit Union

Overview / Commentary
2605 Riverside Dr
Susanville, CA 96130

Lassen County Federal Credit Union is headquartered in Susanville and is the 162nd largest credit union in the state of California. It is also the 1,808th largest credit union in the nation. It was established in 1966 and as of December of 2019, it had grown to 15 employees and 4,746 members at 1 location. Lassen County Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership to Lassen County Federal Credit Union is open to those who live, work, or worship in Lassen County, California. Immediate family members of current Credit Union members also qualify.
See current membership details

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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. Lassen County Federal Credit Union has a relatively low asset base.

Health Grade Components

NCUA #17232
Year Chartered1966
Primary Regulator
Profit Margin
Return on Assets - YTD0.27%
Return on Equity - YTD1.72%
Annual Interest Income$2.3MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$82.9MM$80.0MM
LoansQ4 2019vs Q4 2018$44.0MM$41.5MM
DepositsQ4 2019vs Q4 2018$69.5MM$67.1MM
Equity CapitalQ4 2019vs Q4 2018$12.9MM$12.2MM
Loan Loss AllowanceQ4 2019vs Q4 2018$109.00K$140.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$0$23.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0

Rates for Lassen County Federal Credit Union are currently being reviewed.


Lassen County Federal Credit Union Locations
Branch Office2605 Riverside DrSusanville, CA 96130

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