Credit Unions Near Me
National Credit Union Service Organization

L C E FEDERAL CREDIT UNION

Dec, 31, 2020 — L C E FEDERAL CREDIT UNION is a federal credit union headquartered in PAINESVILLE, OH with 2 branch locations and about $50.97 million in total assets. Opened 61 years ago in 1960, L C E FEDERAL CREDIT UNION has about 5,718 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 241280980
Name:L C E FEDERAL CREDIT UNION
Address:
(Main Office)
77 N SAINT CLAIR ST
PAINESVILLE, OH 44077
Phone:(440) 357-2560
Fax:(440) 357-2779
Website:http://www.lcefcu.org
Branches:2 branch locations
Members:5,718
Credit Union Type:Federal Credit Union
Charter Number:13885
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1960
Last Audited:Jun 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$50,967,843
CEO/Manager:Anita L Walters
Chairperson:Dale Flood

Call Report

  • Credit Builder
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 8,488,236
TOTAL INVESTMENTS 14,488,545
Loans Held for Sale 0
 
 Real Estate Loans 9,615,878
 Unsecured Loans 3,655,632
 Other Loans 14,064,590
 TOTAL LOANS 27,336,100
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -321,437
 Land And Building 284,065
 Other Fixed Assets 129,549
 NCUSIF Deposit 381,411
 All Other Assets 181,374
  TOTAL ASSETS 50,967,843
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 118,717
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 9,519,653
 Regular shares 25,965,575
 All Other Shares & Deposits 10,922,412
  TOTAL SHARES & DEPOSITS 46,407,640
  TOTAL LIABILITIES 46,526,357
 Regular Reserve 687,223
 Other Reserves 97,231
 Undivided Earnings 3,657,032
  TOTAL EQUITY 4,441,486
  TOTAL LIABILITIES, SHARES, & EQUITY 50,967,843
INCOME & EXPENSE  
 Loan Income 1,501,847
 Investment Income 233,943
 Other Income 427,510
 Total Employee Compensation & Benefits 708,122
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 833,183
 Non-operating Income & (Expense) 19,390
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 180,000
 Cost of Funds 57,977
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 403,408
↑ Back to Top

Other Credit Unions

CLEVELAND CHURCH OF CHRIST FEDERAL CREDIT UNION
1035 E. 105TH STREET
CLEVELAND, OH 44108
ST. PASCHAL BAYLONS FEDERAL CREDIT UNION
5384 WILSON MILLS RD
HIGHLAND HEIGHT, OH 44143-3023
ORANGE SCHOOL EMPLOYEES CREDIT UNION
32000 Chagrin Blvd
PEPPER PIKE, OH 44124
CLEVELAND HEIGHTS TEACHERS CREDIT UNION
14780 SUPERIOR RD
CLEVELAND, OH 44118-2121
FASSON EMPLOYEES FEDERAL CREDIT UNION
250 CHESTER ST # 1-E
PAINESVILLE, OH 44077-4118
LAKE COUNTY EDUCATIONAL FEDERAL CREDIT UNION
1595 MENTOR AVE
PAINESVILLE, OH 44077
PAINESVILLE CREDIT UNION
280 N SAINT CLAIR ST
PAINESVILLE, OH 44077
L. E. O. CREDIT UNION
P.O. Box 937
PAINESVILLE, OH 44077
WES CREDIT UNION
38024 2ND ST
WILLOUGHBY, OH 44094-6105
ACME FEDERAL CREDIT UNION
34799 CURTIS BLVD, SUITE B
EASTLAKE, OH 44095