Lion's Share Federal Credit Union
Overview / Commentary
Lion's Share Federal Credit Union is headquartered in Salisbury and is the 33rd largest credit union in the state of North Carolina. It is also the 2,214th largest credit union in the nation. It was established in 1982 and as of June of 2022, it had grown to 20 employees and 11,956 members at 1 location. Lion's Share Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to associates and retirees, and their immediate family members, of Delhaize America.
See current membership details
Health
B
Data as of Q2 2022
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. Lion's Share Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24813 |
| Year Chartered | 1982 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.22% |
| Return on Equity - YTD | 14.85% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $69.2MM$67.5MM |
| Loans | Q2 2022vs Q2 2021 | $44.5MM$34.2MM |
| Deposits | Q2 2022vs Q2 2021 | $62.8MM$62.0MM |
| Equity Capital | Q2 2022vs Q2 2021 | $5.8MM$4.9MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $378.00K$463.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $504.00K$278.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |