Louchem Federal Credit Union

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A short history of Louchem FCU

Since its inception in 1968 the Louchem Federal Credit Union has been serving its members in the LOUISVILLE, 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 M. Michele Resch, the Louchem FCU has grown its membership to over 5,624 with assets of more than $26,445,194. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (502) 447-6300 or email them at share@shareone.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in LOUISVILLE, KY.

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

Charter Number 18855
Address PO BOX 16940 
State Kentucky 
Zip-Code 40216
Phone Number (502) 447-6300
Fax Number (502) 992-0448
Email Address: share@shareone.com
CEO/President M. Michele Resch
Members 5,624 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 26,445,194 
Website http://www.louchemfcu.org 

Compare Louchem Federal Credit Union To Other Local Credit Unions

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Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Chemco CU CHEMCO FEDERAL CREDIT UNION 4200 Bells Ln 40211 (502) 772-5780 No 2.65
Brown-forman Employees CU BROWN-FORMAN EMPLYS CREDIT UNION 850 DIXIE HWY 40210 (502) 774-7321 No 5.07
Louisville Gas And Electric Company CU Credit Union 220 W Main St 40202 (502) 627-3142 No 5.80
Beacon Community CU Tech Park 128 Rochester Dr 40214 (502) 364-6801 No 5.90
Msd CU MSD Federal Credit Union 700 W Liberty St 40203 (502) 540-6213 No 6.25

Louchem Federal Credit Union Financial Performance Charts

Performance Charts

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Financial Data

Louchem 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 8.76 3.68 5.72 4.37 4.58
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 140 234 412 189 178
Rank Among All Kentucky Credit Unions 9 19 31 19 14

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.01 0.83 1.03 1.03
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 156 28 168 154
Rank Among All Kentucky Credit Unions N/A 21 1 12 13
Louchem Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.760562709,442
All Other Unsecured Loans/Lines of Credit 9.0306311,726,007
Short-Term, Small Amount Loans (STS) (Federal CU Only) 25.000114,177
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.680701,053,227
Used Vehicle Loans 5.7208307,917,177
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.370643,916,603
Total Other Real Estate Loans/Lines of Credit 4.580541,933,366
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.730701,063,932
TOTAL LOANS & LEASES 2,29218,323,931

Louchem 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 4266,84900
    b. 15 Years or less 533,076,5842260,881
    a. > 15 years 0000
    b. 15 Years or less 1354,25400
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 6218,91600
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 251,107,93100
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 313,93400
Open-End Fixed Rate 26811,50111536,781
TOTALS 1185,849,96913797,662


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

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