American Lake Credit Union:

American Lake Credit Union was chartered in 1948 and its charter number is 68371. The National Credit Union Administration (NCUA) is the federal agency that charters and supervises federal credit unions and insures savings in federal and most state-chartered credit unions across the country. American Lake Credit Union's address registered with the NCUA is 9900 VETERANS DRIVE SW, TACOMA, WA 98493. As of 11/29/06 American Lake CU reported $41,981,461 in assets. The credit union currenly has 5,830 members. It's Manager/CEO is Earlene M. Fantz. The credit unions website is www.americanlake.org. American Lake Credit Union is a member of the California Credit Union League .


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American Lake Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $42,368,658.00
Total Loans: $22,926,924.00
Net Worth Ratio: 9.9
% Share Growth: 11.19
% Loan Growth: -2.63
Loans/Assets Ratio: 54.11
Loans/Assets Ratio: 42.06
Numbers of Members: 5,677
Number of Full-time Employees: 13
 
As of December 31, 2005
Total Assets: $41,510,449.00
Total Loans: $27,318,897.00
Net Worth Ratio: 11.27
% Share Growth: -3.52
% Loan Growth: 19.15
Loans/Assets Ratio: 65.81
Loans/Assets Ratio: 30.41
Numbers of Members: 5709
Number of Full-time Employees: 15
 
As of December 31, 2006
Total Assets: $42,604,305.00
Total Loans: $29,702,938.00
Net Worth Ratio: 11.91
% Share Growth: 2.11
% Loan Growth: 8.72
Loans/Assets Ratio: 69.71
Loans/Assets Ratio: 25.03
Numbers of Members: 5,804
Number of Full-time Employees: 14
 
 

 
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Credit Union News:

Trial targets alleged theft, cover-up at credit union
The Republican - Feb 8, 2008
SPRINGFIELD - The former top officer of an urban credit union siphoned $178,000 from members' accounts to cover negative balances in her and her husband's accounts, according to testimony in a federal embezzlement trial.

Full Story: http://www.masslive.com/news/republican/index.ssf?/base/news-2/1202462108136670.xml&coll=1

Credit union members compensated
BBC News - Feb 6, 2008
Members of a Wrexham credit union which collapsed are told they will receive full compensation.

Full Story: http://news.bbc.co.uk/1/hi/wales/north_east/7231199.stm

Suspect in 3 bank robberies arrested
Atlanta Journal-Constitution - Feb 8, 2008
Forsyth County authorities said late Friday they have arrested a man wanted for three recent bank robberies. Sheriff Ted Paxton said 26-year-old David Ryan Stone was arrested late Thursday night at an extended stay motel in nearby Dawsonville. Stone is being held without bond in the recent hold-ups of two Crescent Banks and a branch of Georgia Federal Credit Union, all in Forsyth County.

Full Story: http://www.ajc.com/services/content/metro/northfulton/stories/2008/02/08/robbery_0209.html?cxtype=rss&cxsvc=7&cxcat=13


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