Lomto Federal Credit Union

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A short history of Lomto FCU

Since its inception in 1936 the Lomto Federal Credit Union has been serving its members in the WOODSIDE, New York 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 michael cahalin, the Lomto FCU has grown its membership to over 2,891 with assets of more than $218,939,177. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (212) 947-3380 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 WOODSIDE, NY.

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

Charter Number 1532
Address 5024 QUEENS BLVD 
State New York 
Zip-Code 11377
Phone Number (212) 947-3380
Fax Number (212) 971-6609
Email Address: none
CEO/President michael cahalin
Members 2,891 
Full-Time Employees 27 
Part-Time Employees
Number of Branch Offices
Total Assets 218,939,177 
Website http://www.lomto.org 

Compare Lomto Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Greater Metro CU VA Office 423 E 23rd St 10010 (212) 689-2991 No 1.37
Last CU OFFICE 4322 Van Dam St 11101 (718) 937-6677 No 1.44
Local 804 CU Local 804 FCU 3421 Review Ave 11101 (718) 878-4622 No 1.91
Urban Upbound CU Branch 1303B 40th Ave 11101 (718) 784-5050 No 1.93
United Nations CU UN General Assembly Building 405 E 42nd St 10017 (347) 686-6000 No 1.94

Lomto Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Lomto 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 4.00 7.50 4.75 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 N/A 282 588 238 N/A
Rank Among All New York Credit Unions N/A 108 152 78 N/A

Lomto Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.25 0.50 1.25 1.25 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 95 66 11 126 145
Rank Among All New York Credit Unions 10 17 3 22 30
Lomto 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 9.00048153,345
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.00013460,169
Used Vehicle Loans 7.5009116,840
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.75077,626,114
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.000992178,855,282
TOTAL LOANS & LEASES 1,069187,211,750

Lomto Federal Credit Union Real Estate Loans and Lines of Credit


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
    a. > 15 years 23,428,30300
    b. 15 Years or less 22,473,25500
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 31,724,55623107,492
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 77,626,11423107,492


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

Lomto 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 No
No Surcharge ATMs No
Home Banking Via Internet Website Yes