At Lighthouse, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We understand that in today's world, knowing your financial institution is sound can provide peace of mind. That's why we want to share some key insights into our financial strength and stability. With a
net worth of $204,069,985, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid foundation is further underscored by our
net worth ratio of $1,049, demonstrating our commitment to maintaining a robust capital base. This ensures that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through
$390,858,616 in share certificates and
$222,829,937 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at
$0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. In addition to this strong foundation, we have
$180,816,878 in undivided earnings. These earnings allow us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to lending is evident with
$27,832 in used auto loans and
$1,660,376,444 in total loans and leases, supporting members' financial goals across various sectors. Although our current
net income stands at
$0, it reflects our ongoing commitment to operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having
387 full-time employees and
13 part-time employees. This dedicated team ensures our branches are always ready to serve you with knowledgeable support. The numbers speak for themselves: We have a total of
284,033 share accounts from members who trust us with their finances. Our net shares available for lending and investments amount to
$874,151, reinforcing our capacity to meet the needs of our community. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Lighthouse is your trusted partner. Visit us at 730 Main St Berlin Nh 03570 or call (888) 436-1847 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov , based on the latest results.
