LORMET COMMUNITY FEDERAL CREDIT UNION - Avon Lake, OH

Welcome to Lormet Community, your trusted financial partner in Avon Lake, Ohio! Nestled at 586 Moore Rd, our branch has been serving the community since 1936. With over 19,584 members and total assets of $252,282,761, we pride ourselves on building lasting relationships with our members while providing exceptional financial services. At Lormet Community, we understand that each member's needs are unique. That's why we offer a variety of products tailored for everyone whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans, mortgages, or business banking services. Our commitment to excellence is evident in our total deposits of $30,490,775 and a robust net worth of $30,946,958. While you can visit us at our branch for all your banking needs, please note that any official correspondence should be sent to our mailing address: 586 Moore Rd, Avon Lake, OH 44012-2313. Led by CEO Daniel Cwalina and Board President Victoria Lesner, our dedicated team of 41 employees is here to support you every step of the way. We believe in giving back to the community that supports us and strive to make a positive impact through our services. Ready to experience personalized financial solutions? Call us today at 440-933-3181 or visit our website at lormet.com. We're excited to help you achieve your financial goals!

Lormet Community has a rich history that dates back to 1936, when it first opened its doors in Avon Lake, Ohio. Over the decades, we have grown from a small financial cooperative into a trusted institution with a total membership of over 19,000 members and assets exceeding $252 million. Our branch is conveniently located at 586 Moore Rd, Avon Lake, OH 44012, a spot easily accessible for our community and just a short drive from local landmarks like the beautiful Lake Erie shoreline. From our beginnings, Lormet Community has remained dedicated to providing exceptional financial services while supporting the local community. Our mission is simple yet powerful: to empower our members through personalized financial solutions and to foster a spirit of community involvement. We believe that when our members thrive, so does the community around us. As we evolved, we embraced modern technology while ensuring accessibility for everyone. Today, we offer online banking services, mobile payments, and ADA-compliant facilities to meet the needs of all members. Whether you prefer banking in person or online, we've made it easy for you to manage your finances your way. In addition to financial services like checking and savings accounts, auto loans, mortgages, and credit cards with rewards, Lormet Community actively engages in community outreach initiatives. We partner with local organizations and support various events aimed at enhancing the quality of life in Avon Lake and beyond. Our operating hours are designed with our members in mind: we're open Monday, Tuesday, and Thursday from 9 AM to 5 PM; Friday from 9 AM to 5:30 PM; and Saturday from 9 AM to 1 PM. For those who prefer drive-thru service or need access to an ATM, we provide both options for your convenience. While members can visit us at our branch address mentioned above, official correspondence should be sent to the same mailing address: 586 Moore Rd, Avon Lake, OH 44012-2313. At Lormet Community, we invite you to join us on this journey. Experience firsthand how our dedication to member service can make a difference in your financial life. Together, let's build a stronger community! If you're interested in becoming part of our family or have any questions about our services, feel free to give us a call at 440-933-3181 or visit us online at lormet.com.

Welcome to Lormet Community, your friendly neighborhood credit union located at 586 Moore Rd in Avon Lake, Ohio. Our branch is easily accessible and perfectly situated near local favorites like the Avon Lake Public Library and the beautiful Veterans Memorial Park. This prime location makes it convenient for our members to drop by for their banking needs while enjoying the community's amenities. At Lormet Community, we prioritize your convenience. Our branch features dedicated parking spaces, ensuring you have a hassle-free experience right from the moment you arrive. We are also committed to accessibility; our facilities are designed to meet ADA compliance standards, making it easy for everyone to access our services. We understand that life can get busy, so we offer flexible operating hours to fit your schedule. You can visit us Monday, Tuesday, and Thursday from 9 AM to 5 PM, on Friday from 9 AM to 5:30 PM, and on Saturday from 9 AM to 1 PM. Please note that we are closed on Wednesdays. If you prefer not to come inside, our drive-thru service is available during these hours as well, allowing you to conduct simple transactions without leaving your vehicle. Need cash or want to check your balance? Our ATM is conveniently located on-site for quick access. If you have any questions or need assistance with our services from personal banking and auto loans to mortgage refinancing feel free to call us at 440-933-3181. While members can visit us at 586 Moore Rd, official correspondence should be sent to the same address. We invite you to stop by or give us a call today! Your financial wellness is our priority at Lormet Community.

At Lormet Community, becoming a member is like joining a family that truly cares about your financial well-being. We're here to support you, whether you're looking for savings options, loans, or just a community to call your own. Membership is open to anyone who lives, works, worships, or attends school in the Avon Lake area. This means that if you are part of our vibrant community, you're already eligible! We invite you to explore the many benefits of membership, including competitive rates and personalized service that puts you first. For more detailed eligibility criteria, feel free to check out this resource: Eligibility Details. Ready to take the next step? Opening an account at Lormet Community is simple and straightforward. You can start the process online through our website, ensuring that your journey with us begins with ease. If you have any questions or need assistance along the way, don't hesitate to give us a call at (440) 933-3181. Join us today at our branch located at 586 Moore Rd Avon Lake Oh 44012 and experience the warmth and support of being part of the Lormet Community family!

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. With a commitment to serving our community in Avon Lake, OH, we prioritize your financial well-being above all else. 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 1239 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; with $48,771,417 in used auto loans and a total of $141,810,843 in loans and leases available to our members across various sectors. While our current net income stands at $0, this reflects our dedication to investing back into the community rather than simply maximizing profit margins. 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. Our net shares (funds available for lending and investments) currently stand at $0, but we remain dedicated to supporting your financial goals. With a total of 30,916 share accounts, we show 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 586 Moore Rd Avon Lake OH 44012 or call 440-933-3181 to learn more about how we can help you achieve your financial goals. For performance insights and financial data sourced from the National Credit Union Administration (NCUA), please visit www.ncua.gov, based on the latest results.