Overview / Commentary
Lexington Federal Credit Union is headquartered in Rochester and is the 174th largest credit union in the state of New York. It is also the 3,282nd largest credit union in the nation. It was established in 1959 and as of September of 2020, it had grown to 9 employees and 4,372 members at 2 locations. Lexington Federal Credit Union's CD rates are 11% higher than the national average, and it has a B health rating.
Field of Membership Restrictions
Lexington Federal Credit Union is open to anyone who lives, works, worships, volunteers, or attends school in Rochester City, New York.
See current membership details
Health
B
Data as of Q3 2020
Learn why bank health mattersAdditional 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. Lexington Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 12833 |
| Year Chartered | 1959 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.79% |
| Return on Equity - YTD | 25.37% |
| Annual Interest Income | $630.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2020vs Q3 2019 | $22.6MM$15.6MM |
| Loans | Q3 2020vs Q3 2019 | $19.5MM$14.2MM |
| Deposits | Q3 2020vs Q3 2019 | $18.2MM$13.4MM |
| Equity Capital | Q3 2020vs Q3 2019 | $1.5MM$1.2MM |
| Loan Loss Allowance | Q3 2020vs Q3 2019 | $94.00K$79.00K |
| Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $83.00K$108.00K |
| Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |