Lynchburg Municipal Employees Federal Credit Union

Lynchburg Municipal Employees Federal Credit Union


Overview / Commentary
434-845-1013
3176 Fort Ave
Lynchburg, VA 24501

Lynchburg Municipal Employees Federal Credit Union is headquartered in Lynchburg and is the 65th largest credit union in the state of Virginia. It is also the 2,904th largest credit union in the nation. It was established in 1961 and as of March of 2025, it had grown to 7 employees and 2,928 members at 1 location. Lynchburg Municipal Employees Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

LMEFCU membership is open to the following: (1) Employees of the City of Lynchburg, Lynchburg City School and Board, and Lynchburg Magistrates Office, Horizon Behavioral Health in Lynchburg and the Lynchburg Redevelopment & Housing Authority; (2) Employees working in United Way, YMCA, Big Brothers Big Sisters, The Arc, and YWCA in Central Virginia, Lynchburg, and Presbyterian Home & Family Services & The Family Alliance in Lynchburg; (3) Employees of Candler Oil Company, Travel Lovers, or Lynchburg Humane Society who work in Lynchburg; (4) Employees of Adecco, or Adult Day Care who work in, or are paid from Lynchburg; (5) Employees of Pepsi-Cola, Banker Steel Company, Virginia's Region 2000 Local Government Council, Lynchburg Freight and Specialty, The Mid-State Group, or Blue Ridge Regional Jail Authority who work in, or are supervised or paid from Lynchburg; (6) Employees of CommScope working in Forest County, and Campbell County Employees, and Campbell County Schools in Virginia.
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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. Lynchburg Municipal Employees Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #14623
Year Chartered1961
Employees7
Primary Regulator
Profit Margin
Return on Assets - YTD0.69%
Return on Equity - YTD5.92%
Annual Interest Income$318K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$29.9MM$28.8MM
LoansQ1 2025vs Q1 2024$11.5MM$11.6MM
DepositsQ1 2025vs Q1 2024$26.2MM$25.5MM
Equity CapitalQ1 2025vs Q1 2024$3.4MM$3.2MM
Loan Loss AllowanceQ1 2025vs Q1 2024$153K$162K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$33K$11K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

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Locations


Lynchburg Municipal Employees Federal Credit Union Locations
Branch Office3176 Fort AveLynchburg, VA 24501

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