Lawrence Memorial Hospital Employee Federal Credit Union


Popular Accounts at this Credit Union

APYACCOUNT TYPEHOW THEY COMPARE
1.50%5-year CD
0.40%1-year CD
0.05%Savings
View all Lawrence Memorial Hospital Employee Federal Credit Union rates »

Overview / Commentary
860-444-5104
365 Montauk Ave
New London, CT 06320

Lawrence Memorial Hospital Employee Federal Credit Union is headquartered in New London and is the 42nd largest credit union in the state of Connecticut. It is also the 2,922nd largest credit union in the nation. It was established in 1959 and as of September of 2018, it had grown to 6 employees and 3,287 members at 1 location. Lawrence Memorial Hospital Employee Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to employees in the healthcare industry in Middlesex, New London, or Washington Counties in Connecticut.
See current membership details

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Health
B+
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. Lawrence Memorial Hospital Employee Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #13305
Year Chartered1959
Employees6
Primary Regulator
Profit Margin
Return on Assets - YTD0.67%
Return on Equity - YTD3.49%
Annual Interest Income$561.00K
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$29.2MM$29.2MM
LoansQ3 2018vs Q3 2017$10.0MM$10.6MM
DepositsQ3 2018vs Q3 2017$23.5MM$23.7MM
Equity CapitalQ3 2018vs Q3 2017$5.7MM$5.5MM
Loan Loss AllowanceQ3 2018vs Q3 2017$70.00K$69.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$18.00K$19.00K
Real Estate OwnedQ3 2018vs Q3 2017$0$0
Rates
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Lawrence Memorial Hospital Employee Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--IRA Share Accumulator
0.05%--Holiday Club
0.05%--Vacation Club
0.05%--All Purpose Club
0.05%--Regular Share

Lawrence Memorial Hospital Employee Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%$500-48 Month CD
1.50%$500-60 Month CD
1.10%$500-36 Month CD
0.60%$500-24 Month CD
0.45%$500-18 Month CD
0.40%$500-12 Month CD
0.30%$500-6 Month CD

Lawrence Memorial Hospital Employee Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.50%$250-60 Month IRA
1.25%$250-48 Month IRA
1.10%$250-36 Month IRA
0.60%$250-24 Month IRA
0.40%$250-12 Month IRA
Locations


Lawrence Memorial Hospital Employee Federal Credit Union Locations
Branch Office365 Montauk AveNew London, CT 06320

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