OAK LAWN MUNICIPAL EMPLOYEES Credit Union Profile

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OAK LAWN MUNICIPAL EMPLOYEES

Charter #62717 | NCUA Region 3 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (708) 636-0470

Fax: (708) 636-5303

Founding Date: N/A

Website: https://www.olmecu.virualcu.net

Personnel & Operations

President: BARRETT, STEVE

Manager: EGAN, CHRISTINE

FT Employees: 0

PT Employees: 3

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 1

Hours: 9:30 AM - 4:00 PM

Credit Union Profile Summary

OAK LAWN MUNICIPAL EMPLOYEES is a FISCU Credit Union. With a total of 825 members [1], this institution manages approximately $4,452,450 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 14.32% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -10.05% [1].

Financial Snapshot

Total Assets [1]
$4,452,450

Total economic resources.

Total Loans [1]
$2,715,278

Total value of outstanding loans.

Total Deposits [1]
$3,809,218

Total funds deposited by members.

Members [1]
825

Number of active members.

Performance Ratios

Net Worth Ratio [1]
14.32%

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]
1.62%

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

Loan-to-Share Ratio [1]
71.28%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↓ -0.58%

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

Loan Growth (4Q) [1]
↓ -10.05%

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

Member Growth (4Q) [1]
↑ 0.49%

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

Headquarters Location & Map

Headquarters Address

9446 RAYMOND AVE, LOWER LEVEL

OAK LAWN, IL, 60453
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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 OAK LAWN MUNICIPAL EMPLOYEES (Charter #62717).

Main Office

OAK LAWN MUN EMP C U Main Office

Type: Corporate Office

9446 RAYMOND AVE

LOWER LEVEL

Oak Lawn, IL 60453

Phone: (708) 636-0470

Services: None specified

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