RICHMOND LIGHT EMPLOYEES Credit Union Profile

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RICHMOND LIGHT EMPLOYEES

Charter #17454 | NCUA Region 2 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (765) 973-7262

Fax: (765) 973-7314

Founding Date: N/A

Personnel & Operations

President: Fox, Christy

Manager: Schroeder, Robert

FT Employees: 0

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 23

Branches: 1

Hours: Monday 2:30 - 3:30 p.m. Wednesday 11:30 - 1

Credit Union Profile Summary

RICHMOND LIGHT EMPLOYEES is a FCU Credit Union. With a total of 151 members [1], this institution manages approximately $1,298,921 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 19.23% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -2.16% [1].

Financial Snapshot

Total Assets [1]
$1,298,921

Total economic resources.

Total Loans [1]
$1,099,964

Total value of outstanding loans.

Total Deposits [1]
$776,923

Total funds deposited by members.

Members [1]
151

Number of active members.

Performance Ratios

Net Worth Ratio [1]
19.23%

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]
0.99%

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

Loan-to-Share Ratio [1]
141.58%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
1.60%

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

Loan Growth (4Q) [1]
-2.16%

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

Member Growth (4Q) [1]
-3.21%

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

Headquarters Location & Map

Headquarters Address

2000 US HIGHWAY 27 S

Richmond, IN, 47374

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 RICHMOND LIGHT EMPLOYEES (Charter #17454).

Main Office

Main Office Main Office

Type: Corporate Office

2000 US HIGHWAY 27 S

Richmond, IN 47374

Phone: (765) 973-7262

Services: Member Services

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