LG&E Co. Credit Union


Overview / Commentary
502-627-3140
820 W Broadway
Louisville, KY 40202

LG&E Co. Credit Union is headquartered in Louisville and is the 27th largest credit union in the state of Kentucky. It is also the 2,539th largest credit union in the nation. It was established in 1934 and as of December of 2019, it had grown to 10 employees and 3,188 members at 2 locations. LG&E Co. Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership to LG&E Co. Credit Union is open to employees and retirees of Louisville Gas & Electric Company or its subsidiaries and their families.
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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. LG&E Co. Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #61123
Year Chartered1934
Employees10
Primary Regulator
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD4.4%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$40.6MM$38.5MM
LoansQ4 2019vs Q4 2018$19.8MM$18.7MM
DepositsQ4 2019vs Q4 2018$34.4MM$32.7MM
Equity CapitalQ4 2019vs Q4 2018$5.9MM$5.7MM
Loan Loss AllowanceQ4 2019vs Q4 2018$75.00K$78.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$11.00K$80.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates

Rates for LG&E Co. Credit Union are currently being reviewed.

Locations


LG&E Co. Credit Union Locations
Branch Office820 W BroadwayLouisville, KY 40202
Branch Office220 W Main StLouisville, KY 40202

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