Featured Savings Rates
Featured Accounts

Leominster Employees Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.10%1-year CD12 Month CD
0.40%SavingsShare Account
1.29%2-year CD24 Month CD

Overview / Commentary
978-534-0240
24 Church St
Leominster, MA 01453

Leominster Employees Federal Credit Union is headquartered in Leominster and is the 104th largest credit union in the state of Massachusetts. It is also the 3,523rd largest credit union in the nation. It was established in 1936 and as of March of 2017, it had grown to 5 employees and 2,064 members at 1 location. Leominster Employees Federal Credit Union's CD rates are 22% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to employees of the City of Leominster and their family.
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Health
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. Leominster Employees Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #1461
Year Chartered1936
Employees5
Primary Regulator
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD5.48%
Annual Interest Income$166.00K
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$18.8MM$17.7MM
LoansQ1 2017vs Q1 2016$11.3MM$11.8MM
DepositsQ1 2017vs Q1 2016$16.9MM$15.9MM
Equity CapitalQ1 2017vs Q1 2016$1.9MM$1.8MM
Loan Loss AllowanceQ1 2017vs Q1 2016$153.00K$157.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$207.00K$306.00K
Real Estate OwnedQ1 2017vs Q1 2016$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Leominster Employees Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$25k*-IRA Share Account
OTHER TIERS: 0.20% $100 - $10k | 0.30% $10k - $25k
0.40%*$25k*-Share Account
OTHER TIERS: 0.20% $100 - $10k | 0.30% $10k - $25k
0.40%*$25k*-Vacation Club Account
OTHER TIERS: 0.20% $100 - $10k | 0.30% $10k - $25k
0.40%*$25k*-Holiday Club Account
OTHER TIERS: 0.20% $100 - $10k | 0.30% $10k - $25k

Leominster Employees Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.35%*$25k*-18 Month CD
OTHER TIERS: 1.24% $1k - $25k
1.29%*$25k*-24 Month CD
OTHER TIERS: 1.19% $1k - $25k
1.10%*$25k*-12 Month CD
OTHER TIERS: 1.00% $1k - $25k
0.70%*$25k*-6 Month CD
OTHER TIERS: 0.60% $500 - $25k

Leominster Employees Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.35%*$25k*-18 Month IRA
OTHER TIERS: 1.24% $1k - $25k
1.29%*$25k*-24 Month IRA
OTHER TIERS: 1.19% $1k - $25k
1.10%*$25k*-12 Month IRA
OTHER TIERS: 1.00% $1k - $25k
0.70%*$25k*-6 Month IRA
OTHER TIERS: 0.60% $500 - $25k
Locations


Leominster Employees Federal Credit Union Locations
Branch Office24 Church StLeominster, MA 01453