Sep, 30, 2025 — LGE COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in ATLANTA, GA with 18 branch locations and about $2.31 billion in total assets. Opened 75 years ago in 1951, LGE COMMUNITY CREDIT UNION has about 123,971 members and employs 338 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LGE COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 3100 Cumberland Blvd SE ATLANTA, GA 30339-5940 |
| Phone: | (770) 424-0060 |
| Fax: | |
| Website: | https://www.lgeccu.org |
| Branches: | 18 branch locations |
| Members: | 123,971 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68581 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $2,310,249,592 |
| CEO/Manager: | Chris A Leggett |
| Chairperson: | Curt Earnest |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 122,098,021 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 902,048,881 |
| Unsecured Loans | 107,226,094 |
| Other Loans | 597,535,281 |
| TOTAL LOANS | 1,607,527,363 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -8,470,894 |
| Land And Building | 22,833,119 |
| Other Fixed Assets | 27,361,460 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 17,815,742 |
| All Other Assets | 329,786 |
| TOTAL ASSETS | 2,310,249,592 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 2,388,278 |
| Notes & Interest Payable | 76,000,000 |
| Accounts Payable & Other Liabilities | 41,244,336 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 622,555,277 |
| Regular shares | 522,969,330 |
| All Other Shares & Deposits | 802,159,950 |
| TOTAL SHARES & DEPOSITS | 1,947,684,557 |
| TOTAL LIABILITIES | 2,067,317,171 |
| Regular Reserve | 0 |
| Other Reserves | -31,460,781 |
| Undivided Earnings | 274,393,202 |
| TOTAL EQUITY | 242,932,421 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 2,310,249,592 |
| INCOME & EXPENSE | |
| Loan Income | 69,652,667 |
| Investment Income | 13,251,722 |
| Other Income | 7,378,954 |
| Total Employee Compensation & Benefits | 30,761,032 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 31,785,246 |
| Non-operating Income & (Expense) | 634,545 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 4,396,805 |
| Cost of Funds | 26,558,132 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 11,013,584 |
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