Labor Management Federal Credit Union

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A short history of Labor Management FCU

Since its inception in 1974 the Labor Management Federal Credit Union has been serving its members in the LEWISPORT, Kentucky area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Sharon Roberts, the Labor Management FCU has grown its membership to over 2,219 with assets of more than $26,078,144. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (270) 295-3422 or email them at billmurphy@tds.net to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in LEWISPORT, KY.

General Information For Labor Management FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 21853
Address 679 STATE ROUTE 1957 
City LEWISPORT 
State Kentucky 
Zip-Code 42351
Phone Number (270) 295-3422
Fax Number (270) 295-3366
Email Address: billmurphy@tds.net
CEO/President Sharon Roberts
Members 2,219 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 26,078,144 
Website http://www.lmfcu.net 

Compare Labor Management Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Kraftcor CU Kraftcor Federal Credit Union 2960 Squirrel Tail Hollow Rd 42348 (270) 927-8293 No 10.88
Green River Area CU MAIN OFFICE 3000 E 4TH ST 3000 Highway 144 42303 (270) 926-0210 No 12.98
Whitesville Community CU Whitesville Community Credit Union 10589 Franklin St 42378 (270) 233-4447 No 14.48
Audubon CU Main Office 1429 Breckenridge St 42302 (270) 685-3487 No 14.81
Friends First CU Friends First FCU 922 Triplett St Ste 1 42303 (270) 684-1829 No 14.87

Labor Management Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Labor Management Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 7.99 2.50 3.50 4.30 3.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 90 84 147 180 56
Rank Among All Kentucky Credit Unions 4 5 12 18 5

Labor Management Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.30 0.30 N/A 0.75 1.10
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 89 88 N/A 215 145
Rank Among All Kentucky Credit Unions 3 9 N/A 17 11
Labor Management Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 7.990171340,789
All Other Unsecured Loans/Lines of Credit 8.0004231,495,948
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.500721,704,461
Used Vehicle Loans 3.5006847,201,033
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.300825,560,205
Total Other Real Estate Loans/Lines of Credit 3.5005211,386
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.0001571,322,019
TOTAL LOANS & LEASES 1,59417,835,841

Labor Management Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 825,560,2059819,892
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 3118,757187,241
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 292,6292215,465
Open-End Fixed Rate 0000
TOTALS 875,771,591121,122,598

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Labor Management Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website Yes