LATVIAN Credit Union Profile

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LATVIAN

Charter #18422 | NCUA Region 1 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (631) 481-1491

Fax:

Founding Date: N/A

Personnel & Operations

President: gribulis, andra

Manager: klauss, brigita

FT Employees: 0

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 01

Branches: 1

Hours: 9-10 SAT AM

Credit Union Profile Summary

LATVIAN is a FCU Credit Union. With a total of 100 members [1], this institution manages approximately $2,041,583 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 22.2% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -14.95% [1].

Financial Snapshot

Total Assets [1]
$2,041,583

Total economic resources.

Total Loans [1]
$408,427

Total value of outstanding loans.

Total Deposits [1]
$1,588,418

Total funds deposited by members.

Members [1]
100

Number of active members.

Performance Ratios

Net Worth Ratio [1]
22.2%

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]
1.12%

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

Loan-to-Share Ratio [1]
25.71%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
-9.80%

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

Loan Growth (4Q) [1]
-14.95%

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

Member Growth (4Q) [1]
1.01%

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

Headquarters Location & Map

Headquarters Address

4 RIGA LN

MELVILLE, NY, 11747-3406

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 1 branches reported by LATVIAN (Charter #18422).

Main Office

riga lane Main Office

Type: Corporate Office

4 Riga Ln

Melville, NY 11747-3406

Phone: (631) 481-1491

Services: Member Services

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