LORMET COMMUNITY FEDERAL CREDIT UNION

Welcome to Lormet Community, your trusted financial partner located at 216 N Main St, Wellington, OH 44090. Established in 1936, we have proudly served our community for over 85 years, building a reputation for reliability and commitment to our members. With a growing membership of 19,584 and total assets exceeding $252 million, we are dedicated to providing personalized banking solutions tailored to meet your unique financial needs. At Lormet Community, we understand that financial decisions can be daunting. That's why we offer a range of services from checking and savings accounts to auto loans and mortgages. Our friendly team, led by CEO Daniel Cwalina and Board President Victoria Lesner, is here to guide you every step of the way. Whether you're looking to secure a loan or simply need assistance with your account, we are just a phone call away at 440-647-1999. Our branch is equipped with an ATM and drive-thru service, ensuring convenience for all your banking transactions. While members can visit us at our Wellington location, official correspondence should be sent to the same address for simplicity. With total deposits reaching $30,490,775 and cash in hand amounting to $2,239,940, you can rest assured knowing your finances are in safe hands. We also boast a strong net worth of $30,946,958, reflecting our stability and commitment to member satisfaction. Join us as we continue to foster financial well-being in our community. Explore more about what we offer by visiting our website at lormet.com or stop by today! Your future starts here with Lormet Community where your goals become our mission.

Welcome to Lormet Community in Wellington, Ohio, where our commitment to serving members and the community has been strong since we opened our doors in 1936. Over the decades, we have grown from a small credit union to a thriving financial institution, currently boasting a total membership of 19,584 and assets totaling $252,282,761. Our journey reflects not just growth in numbers but also a deep-rooted dedication to enhancing the lives of those we serve. Located at 216 N Main St, our branch is easily accessible for all residents of Wellington. We're proud to be part of this vibrant community, surrounded by local shops and parks that embody the spirit of togetherness. While members can visit us at this address for their banking needs, official correspondence should be sent to our mailing address at 216 N Main St, Wellington, OH 44090. At Lormet Community, our mission is straightforward: to provide personalized financial services while supporting the well-being of our community. We believe that banking should be about more than just transactions; it should empower individuals and families to achieve their dreams. Whether it's through personal banking options like checking and savings accounts or lending services including auto loans and mortgages, we are here to help you navigate your financial journey with ease. Our operating hours are designed with your convenience in mind: Monday, Tuesday, Thursday, and Friday from 9:00 AM to 5:00 PM; Wednesday until 5:30 PM; and Saturday from 9:00 AM to 1:00 PM. We are also proud to offer ATM services and drive-thru banking for quick and easy transactions. As part of our ongoing commitment to innovation and accessibility, we've embraced digital advancements such as online banking and mobile payments. These tools allow our members to manage their finances securely from anywhere at any time. Additionally, we ensure compliance with ADA standards so that everyone can access our services comfortably. Community outreach is at the heart of what we do. We partner with local organizations to support various initiatives that uplift residents in Wellington and surrounding areas. By working together, we aim to foster an environment where everyone can thrive. Join us today at Lormet Community! Experience the difference of a credit union that prioritizes your needs while investing in the community's future. Visit our website at Lormet Community or call us at 440-647-1999 for more information on how you can become a member and take advantage of all that we offer!

Welcome to Lormet Community at our Wellington branch, conveniently located at 216 N Main St, Wellington, OH 44090. Nestled in the heart of Lorain County, our branch is easy to find and access. Whether you're coming from downtown or nearby neighborhoods, you'll appreciate how close we are to local landmarks like the historic Wellington Town Hall and the beautiful Wellington Public Library. Our branch is designed with accessibility in mind. There's ample parking available for both members and visitors. For those who may need extra assistance, we ensure that our facilities comply with ADA standards, featuring ramps and accessible entrances to make your visit comfortable. We understand that convenience matters. That's why our lobby hours are crafted to fit your busy schedule open Monday through Tuesday and Thursday through Friday from 9:00 AM to 5:00 PM, with extended hours on Wednesday until 5:30 PM. Plus, if you need to visit us on a Saturday, our drive-thru service is open from 9:00 AM until 1:00 PM. If you're looking for quick access to your funds, we have an ATM available right outside our branch. You can make cash withdrawals and check your balance without stepping inside. Additionally, our drive-thru banking allows you to handle deposits and simple transactions without leaving your vehicle. While members can visit us at 216 N Main St for all their banking needs, official correspondence should be sent to the same address. Should you have any questions or require assistance, feel free to call us at 440-647-1999. We're here to help! We invite you to stop by Lormet Community in Wellington today. Experience personalized service and discover how we can support your financial journey!

Becoming a member of Lormet Community feels like joining a warm, welcoming family where your financial well-being is the top priority. If you live, work, worship, or attend school in the Wellington area, you're likely eligible to join us. We believe everyone deserves access to great financial services, and at Lormet Community, we strive to create an inclusive environment that supports your goals. For more detailed information about eligibility criteria, feel free to visit our website at http://www.lormet.com/lormet-news/lormets-89th-annual-membership-meeting/ . Once you confirm that you meet the eligibility requirements, opening an account is simple and straightforward! Just head over to http://www.lormet.com/credit-union-apply-online/ to start the process online or give us a call at 440-647-1999 if you have any questions. Our friendly team is here to help guide you every step of the way as you embark on your journey with us at 216 N Main St, Wellington, OH 44090. Join Lormet Community today and experience the many benefits of membership!

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 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 $48,797,417 in used auto loans and a total of $141,810,843 across all loans and leases, we support members' financial goals across various sectors. Our operational efficiency is reflected in our net income of $0, enabling us to continue offering 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. Additionally, with total share accounts reaching 30,916, it's clear that more and more people trust 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 216 N Main St Wellington Oh 44090 or call 440-647-1999 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.*