Credit Unions Near Me
National Credit Union Service Organization

LAKE CHEM COMMUNITY FEDERAL CREDIT UNION

Mar, 31, 2021 — LAKE CHEM COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in Benton, KY with 3 branch locations and about $81.05 million in total assets. Opened 50 years ago in 1971, LAKE CHEM COMMUNITY FEDERAL CREDIT UNION has about 12,480 members and employs 25 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:LAKE CHEM COMMUNITY FEDERAL CREDIT UNION
Address:
(Main Office)
35 US Highway 68 E
Benton, KY 42025
Phone:(270) 527-4389
Fax:(270) 527-4141
Website:http://lakechemfcu.org
Branches:3 branch locations
Members:12,480
Credit Union Type:Federal Credit Union
Charter Number:20641
Membership Type:Community - Rural District
Corporate Credit Union:No
Year Opened:1971
Last Audited:Mar 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$81,047,618
CEO/Manager:Connie Evans
Chairperson:Mark Shoulta

Call Report

  • Commercial Loans
  • Indirect Consumer Loans
  • Real Estate Loans
  • Risk Based Loans
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 22,215,427
TOTAL INVESTMENTS 5,759,664
Loans Held for Sale 0
 
 Real Estate Loans 19,373,000
 Unsecured Loans 550,993
 Other Loans 28,574,406
 TOTAL LOANS 48,498,399
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -153,388
 Land And Building 3,616,185
 Other Fixed Assets 253,692
 NCUSIF Deposit 622,595
 All Other Assets 235,044
  TOTAL ASSETS 81,047,618
LIABILITIES & CAPITAL:  
 Dividends Payable 15,230
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 98,474
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 16,573,784
 Regular shares 41,399,654
 All Other Shares & Deposits 16,618,282
  TOTAL SHARES & DEPOSITS 74,591,720
  TOTAL LIABILITIES 74,705,424
 Regular Reserve 828,878
 Other Reserves 0
 Undivided Earnings 5,513,316
  TOTAL EQUITY 6,342,194
  TOTAL LIABILITIES, SHARES, & EQUITY 81,047,618
INCOME & EXPENSE  
 Loan Income 597,675
 Investment Income 13,963
 Other Income 92,507
 Total Employee Compensation & Benefits 310,751
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 371,820
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense -78,699
 Cost of Funds 134,360
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 132,949
↑ Back to Top

Other Credit Unions

MUHLENBERG COMMUNITY HOSPITAL CREDIT UNION
440 Hopkinsville St
GREENVILLE, KY 42345-1124
SECURITY PLUS FEDERAL CREDIT UNION
232 HOPKINSVILLE RD
RUSSELLVILLE, KY 42276
SHAWNEE TVA EMPLOYEES FEDERAL CREDIT UNION
7755 METROPOLIS LAKE RD
WEST PADUCAH, KY 42086
REGIONAL MEDICAL CTR HOPKINS CO EMP FEDERAL CREDIT UNION
200 CLINIC DR
MADISONVILLE, KY 42431
GIBBS ALUMINUM FEDERAL CREDIT UNION
369 Community Dr
HENDERSON, KY 42420
MSU FEDERAL CREDIT UNION
202 General Services Building, Murr
MURRAY, KY 42071-3368
YOUR HOMETOWN FEDERAL CREDIT UNION
2338 State Route 45 N
MAYFIELD, KY 42066
PADUCAH TEACHERS FEDERAL CREDIT UNION
PO Box 2550
PADUCAH, KY 42002
W B H EMPLOYEES FEDERAL CREDIT UNION
2501 Broadway St
PADUCAH, KY 42001-3124
HOPKINS COUNTY TEACHERS FEDERAL CREDIT UNION
320 S Seminary St
MADISONVILLE, KY 42431