L&N Credit Union is headquartered in Birmingham and is the 78th largest credit union in the state of Alabama. It is also the 4,141st largest credit union in the nation. It was established in 1952 and as of December of 2019, it had grown to 3 employees and 1,530 members at 1 location. L&N Credit Union has a C health rating.
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
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.
| Overall | |
|---|---|
| NCUA # | 62356 |
| Year Chartered | 1952 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.26% |
| Return on Equity - YTD | 1.39% |
| Annual Interest Income | $451.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $8.5MM$8.7MM |
| Loans | Q4 2019vs Q4 2018 | $6.1MM$6.2MM |
| Deposits | Q4 2019vs Q4 2018 | $6.9MM$7.1MM |
| Equity Capital | Q4 2019vs Q4 2018 | $1.6MM$1.6MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $30.00K$38.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $172.00K$66.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $75.00K$55.00K |
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 |