Lane Memorial Federal Credit Union

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A short history of Lane Memorial FCU

Since its inception in 1962 the Lane Memorial Federal Credit Union has been serving its members in the ZACHARY, Louisiana 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 TREBA ALLEN, the Lane Memorial FCU has grown its membership to over 635 with assets of more than $1,464,643. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (225) 570-8677 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in ZACHARY, LA.

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

Charter Number 15202
Address 6300 MAIN ST 
City ZACHARY 
State Louisiana 
Zip-Code 70791
Phone Number (225) 570-8677
Fax Number (225) 570-8703
Email Address: none
CEO/President TREBA ALLEN
Members 635 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 1,464,643 
Website http://www.lanefcu.virtualcu.net 

Compare Lane Memorial Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Zachary Community CU Main Office 5746 Rollins Rd 70791 (225) 654-3164 No 1.42
Feliciana CU St Francisville Branch 2552 Highway 964 70791 (225) 654-4021 No 3.40
Allied Plastics CU McNeese Credit Union 4390 Ryan St 70791 (337) 475-5344 No 6.99
Gp Louisiana CU GP Louisiana FCU 820 W Mount Pleasant Rd 70791 (225) 658-1982 No 8.94
Southern Teachers & Parents CU Southern Teachers & Parents FCU 728 Harding Blvd 70807 (225) 775-8597 No 9.12

Lane Memorial Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Lane Memorial 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 9.50 2.95 7.75 N/A N/A
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 201 139 609 N/A N/A
Rank Among All Louisiana Credit Unions 25 20 84 N/A N/A

Lane Memorial Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 N/A 0.10 0.10
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 N/A 332 283
Rank Among All Louisiana Credit Unions N/A 41 N/A 61 43
Lane Memorial Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.5003962,053
All Other Unsecured Loans/Lines of Credit 12.00098169,277
Short-Term, Small Amount Loans (STS) (Federal CU Only) 27.000308,877
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.95022451,292
Used Vehicle Loans 7.75047391,180
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.100722,257
TOTAL LOANS & LEASES 2431,104,936

Lane Memorial 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 0000
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 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 0000

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

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