Overview / Commentary
Lexington Federal Credit Union is headquartered in Rochester and is the 181st largest credit union in the state of New York. It is also the 3,269th largest credit union in the nation. It was established in 1959 and as of June of 2023, it had grown to 5 employees and 3,323 members at 2 locations. Lexington Federal Credit Union's money market rates are 7X the national average, but it has a C health rating.
Field of Membership Restrictions
Lexington Federal Credit Union is open to anyone who lives, works, worships, or attends school in Rochester City, New York.
See current membership details
Health
C
Data as of Q2 2023
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 | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.22% |
| Return on Equity - YTD | -19.5% |
| Annual Interest Income | $460.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $21.9MM$26.0MM |
| Loans | Q2 2023vs Q2 2022 | $20.5MM$25.1MM |
| Deposits | Q2 2023vs Q2 2022 | $20.3MM$22.0MM |
| Equity Capital | Q2 2023vs Q2 2022 | $1.4MM$1.7MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$161.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $88.00K$75.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |