Leominster Employees Federal Credit Union

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A short history of Leominster Employees FCU

Since its inception in 1936 the Leominster Employees Federal Credit Union has been serving its members in the LEOMINSTER, Massachusetts 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 Thomas Clark, the Leominster Employees FCU has grown its membership to over 2,067 with assets of more than $18,693,809. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (978) 534-0240 or email them at tc@leomefcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in LEOMINSTER, MA.

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

Charter Number 1461
Address 24 CHURCH ST 
City LEOMINSTER 
State Massachusetts 
Zip-Code 01453
Phone Number (978) 534-0240
Fax Number (978) 466-6832
Email Address: tc@leomefcu.org
CEO/President Thomas Clark
Members 2,067 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 18,693,809 
Website http://www.leomefcu.org 

Compare Leominster Employees Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Leominster CU Holden 715 Main St 01520 (508) 829-7146 No 0.65
I-c CU Worcester 947 W Boylston St 01606 (978) 343-3725 No 3.27
Workers' CU Lunenburg Office 603 Massachusetts Ave 01462 (978) 345-1021 No 4.51
Gfa CU Ashburnham Branch 35 Main St 01440 (978) 827-3283 No 12.17
Worcester Police Department CU WPDCU 805 W Boylston St 01606 (508) 799-7677 No 14.05

Leominster Employees Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Leominster Employees 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 N/A 3.63 7.62 3.85 6.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 225 598 115 391
Rank Among All Massachusetts Credit Unions N/A 57 96 26 56

Leominster Employees Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.20 N/A 1.02 0.96
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 108 N/A 169 165
Rank Among All Massachusetts Credit Unions N/A 14 N/A 29 27
Leominster Employees Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 12.4203481,169,171
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.630961,544,010
Used Vehicle Loans 7.6203293,958,695
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.850243,055,126
Total Other Real Estate Loans/Lines of Credit 6.50034859,372
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.87024439,714
TOTAL LOANS & LEASES 85511,026,088

Leominster Employees 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 132,109,90800
    b. 15 Years or less 11945,2181135,000
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 34859,3724140,019
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 583,914,4985275,019

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

Leominster Employees 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 No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes