LAMOURE Credit Union Profile

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LAMOURE

Charter #62218 | NCUA Region 3 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (701) 883-5241

Fax: (701) 883-5756

Founding Date: N/A

Website: HTTP://WWW.LAMOURECU.COM

Personnel & Operations

President: Townsend, Barry

Manager: Musland, Eric

FT Employees: 4

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: M-F 8:30 AM - 4:30 PM SAT 8:30 AM - 12:00

Credit Union Profile Summary

LAMOURE is a FISCU Credit Union. With a total of 1,127 members [1], this institution manages approximately $36,624,887 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 18.22% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 1.28% [1].

Financial Snapshot

Total Assets [1]
$36,624,887

Total economic resources.

Total Loans [1]
$17,231,831

Total value of outstanding loans.

Total Deposits [1]
$29,917,447

Total funds deposited by members.

Members [1]
1,127

Number of active members.

Performance Ratios

Net Worth Ratio [1]
18.22%

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]
2.18%

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

Loan-to-Share Ratio [1]
57.60%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
5.91%

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

Loan Growth (4Q) [1]
1.28%

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

Member Growth (4Q) [1]
-1.40%

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

Headquarters Location & Map

Headquarters Address

203 7TH ST SE

LAMOURE, ND, 58458

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 LAMOURE (Charter #62218).

Main Office

LaMoure Credit Union Main Office

Type: Corporate Office

203 7th St SE

Lamoure, ND 58458

Phone: (701) 883-5241

Services: Member Services, ATM, Drive-Thru

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