LYNCHBURG MUNICIPAL EMPLOYEES Credit Union Profile

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LYNCHBURG MUNICIPAL EMPLOYEES

Charter #14623 | NCUA Region 1 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (434) 845-1013

Fax: (434) 845-3209

Founding Date: N/A

Website: http://wwwlmefcu.org

Personnel & Operations

President: Walker, Melva

Manager: Perrow, Steven

FT Employees: 8

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 36

Branches: 2

Hours: M,T, W 7:30 a.m. to 4:00 p.m.Thur, Frid

Credit Union Profile Summary

LYNCHBURG MUNICIPAL EMPLOYEES is a FCU Credit Union. With a total of 2,923 members [1], this institution manages approximately $30,322,978 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 11.8% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -0.78% [1].

Financial Snapshot

Total Assets [1]
$30,322,978

Total economic resources.

Total Loans [1]
$11,323,835

Total value of outstanding loans.

Total Deposits [1]
$26,566,708

Total funds deposited by members.

Members [1]
2,923

Number of active members.

Performance Ratios

Net Worth Ratio [1]
11.8%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.30%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
42.62%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 4.73%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -0.78%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -1.78%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

3176 Fort Ave

Lynchburg, VA, 24501
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by LYNCHBURG MUNICIPAL EMPLOYEES (Charter #14623).

Main Office

3176 Fort Ave Main Office

Type: Corporate Office

3176 Fort Ave

Lynchburg, VA 24501

Phone: (434) 845-1013

Services: Member Services, ATM, Drive-Thru

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