L&N Credit Union
L&N Credit Union is headquartered in Birmingham and is the 79th largest credit union in the state of Alabama. It is also the 4,210th largest credit union in the nation. It was established in 1952 and as of June of 2018, it had grown to 3 employees and 1,475 members at 1 location. L&N Credit Union has a C+ health rating.
Field of Membership Restrictions
Employment by a sponsoring company. Once you become a member you are always eligible, even if you leave the sponsoring company.
Family relationship, by blood or marriage, to a current member.
See current membership details
| Featured Account Options | SPONSORED LISTINGS | ||||
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Served My Purposes
My experience with this credit union has been quite some time ago (1980s), so some of its practices and procedures likely have changed. I became a member through the company I worked at. This was the first time I was offered a credit card, and did I ever use that!! The only thing I was leery about (and they very likely don't do this now) was, if I placed a call for them to send me a check for a certain amount of money from my account, all I needed to tell them was my Social Security number as identification. A dangerous thing to do today. But otherwise, I found them to be a fine help and I have no other complaints. They offered loans, lines of credit, savings, checking accounts (which I had there), other things that a regular bank would.
Data as of Q2 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62356 |
| Year Chartered | 1952 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.15% |
| Return on Equity - YTD | 0.91% |
| Annual Interest Income | $225.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $9.1MM$9.5MM |
| Loans | Q2 2018vs Q2 2017 | $6.8MM$6.5MM |
| Deposits | Q2 2018vs Q2 2017 | $7.5MM$7.9MM |
| Equity Capital | Q2 2018vs Q2 2017 | $1.5MM$1.4MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $24.00K$30.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $117.00K$133.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $55.00K$164.00K |
Sorry, we do not have rate data for L&N Credit Union.
| L&N Credit Union Locations | ||
|---|---|---|
| Branch Office | 4101 Vanderbilt Rd | Birmingham, AL 35217 |