LORMET COMMUNITY FEDERAL CREDIT UNION - Amherst, OH

Welcome to Lormet Community, your trusted partner in financial well-being since 1936! Located conveniently at 2051 Cooper Foster Park Rd, Amherst, OH 44001, we proudly serve over 19,584 members in our community. With a commitment to providing exceptional service and support, we aim to help you achieve your financial goals. At Lormet Community, we understand that every dollar counts. That's why our total assets stand strong at $252,282,761, enabling us to offer competitive rates and a variety of services tailored just for you. Whether you need a personal loan, vehicle financing, or business banking solutions, we have the resources to meet your needs. Currently, our total loans amount to 10,424, and we hold total deposits of $30,490,775, reflecting the trust our members place in us. Under the leadership of CEO Daniel Cwalina and Board President Victoria Lesner, our dedicated team of 41 employees works tirelessly to ensure that your experience with us is positive and rewarding. We also maintain a solid net worth of $30,946,958, which highlights our stability and reliability as a financial institution. While you can visit us at our branch for all your banking needs, please note that official correspondence should be sent to the same address: 2051 Cooper Foster Park Rd, Amherst, OH 44001-1208. If you're looking for a credit union that truly values its members and community impact, look no further than Lormet Community. We invite you to explore our range of services online at lormet.com or give us a call at 440-960-6600. Join us today and experience the difference in personalized financial services!

Becoming a member of Lormet Community is like joining a welcoming family that truly cares about your financial well-being. If you live, work, worship, or attend school in the areas we serve, you're already on the right track to becoming part of our community. We believe in making banking accessible and friendly for everyone. To explore more about who qualifies for membership, feel free to check out our detailed eligibility criteria at http://www.lormet.com/lormet-news/lormets-89th-annual-membership-meeting/ . Once you're ready to take the next step, opening an account is easy! Just visit us at http://www.lormet.com/credit-union-apply-online/ to start your journey with Lormet Community. If you have any questions or need assistance, don't hesitate to reach out at (440) 960-6600. We're here to help you every step of the way!

At Lormet Community, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. Our commitment to your financial well-being drives everything we do. Our performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. With a net worth of $30,946,958, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 12.39% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $47,826,901 in share certificates and $4,162,612 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. With $29,810,659 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust; we have $14,181,084 in total loans and leases available to support your financial goals across various sectors. While our net income of $0 reflects some challenges this period, it does not hinder our ability to provide competitive loan rates and solid financial products for our members. We also take pride in having 37 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Total Share Accounts stand at 30,916, showcasing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Lormet Community is your trusted partner. Visit us at 2051 Cooper Foster Park Rd, Amherst OH 44001 or call 440-960-6600 to learn more about how we can help you achieve your financial goals.