Credit Unions Near Me
National Credit Union Service Organization

LM FEDERAL CREDIT UNION

Mar, 31, 2022 — LM FEDERAL CREDIT UNION is a federal credit union headquartered in BALTIMORE, MD with 1 branch location and about $53.03 million in total assets. Opened 73 years ago in 1949, LM FEDERAL CREDIT UNION has about 3,607 members and employs 12 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: 252076390
Name:LM FEDERAL CREDIT UNION
Address:
(Main Office)
101 CHESAPEAKE PARK PLZ
BALTIMORE, MD 21220
Phone:(410) 687-5240
Fax:(410) 687-1322
Website:http://www.lmfcu.org
Branches:1 branch locations
Members:3,607
Credit Union Type:Federal Credit Union
Charter Number:6039
Membership Type:Multiple common bond - Primarily other manufacturing
Corporate Credit Union:No
Year Opened:1949
Last Audited:Dec 01, 2020
FHLB Member:No
Low Income Designation:No
Assets:$53,028,842
CEO/Manager:MARK T BOLD
Chairperson:ROBERT J CASWELL

Call Report

  • Credit Builder
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 19,858,249
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 12,174,907
 Unsecured Loans 1,281,963
 Other Loans 13,801,430
 TOTAL LOANS 27,258,300
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -51,504
 Land And Building 0
 Other Fixed Assets 96,129
 NCUSIF Deposit 463,745
 All Other Assets 0
  TOTAL ASSETS 53,028,842
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 262,089
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 7,281,276
 Regular shares 28,117,284
 All Other Shares & Deposits 13,659,172
  TOTAL SHARES & DEPOSITS 49,057,732
  TOTAL LIABILITIES 49,319,821
 Regular Reserve 0
 Other Reserves 954,209
 Undivided Earnings 2,754,812
  TOTAL EQUITY 3,709,021
  TOTAL LIABILITIES, SHARES, & EQUITY 53,028,842
INCOME & EXPENSE  
 Loan Income 325,635
 Investment Income 7,646
 Other Income 24,363
 Total Employee Compensation & Benefits 176,257
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 138,331
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 14,043
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 84,908
↑ Back to Top

Other Credit Unions

NOTRE DAME 2901 FEDERAL CREDIT UNION
PO Box 133
PERRY HALL, MD 21128
LOCAL 355 MD FEDERAL CREDIT UNION
1030 S DUKELAND ST
BALTIMORE, MD 21223-3303
MEMBERS FIRST OF MARYLAND FEDERAL CREDIT UNION
1631 Merritt Blvd
BALTIMORE, MD 21222
SELFRELIANCE BALTO FEDERAL CREDIT UNION
2345 Eastern Ave
BALTIMORE, MD 21224-3612
CENTRAL CREDIT UNION OF MARYLAND
8501 La Salle Rd
BALTIMORE, MD 21286-5914
POST OFFICE CREDIT UNION OF MARYLAND, INC
900 E Fayette St Rm 606
BALTIMORE, MD 21233-1050
ST. JOSEPH MEDICAL CENTER MD FEDERAL CREDIT UNION
7601 Osler Dr
TOWSON, MD 21204
DESTINATIONS CREDIT UNION
8767 Satyr Hill Rd
BALTIMORE, MD 21234
HAR-CO CREDIT UNION
30 N Hickory Ave
BEL AIR, MD 21014-3249
FREEDOM OF MARYLAND FEDERAL CREDIT UNION
2019 Emmorton Rd
BEL AIR, MD 21015