Lafayette Federal Credit Union:

Lafayette Federal Credit Union was chartered in 1935 and its charter number is 619. Lafayette Federal Credit Union's address registered with the NCUA is 3535 UNIVERSITY BOULEVARD WEST, KENSINGTON, MD 20895. As of 10/26/06, Lafayette FCU reported $319,527,113 in assets. The credit union currently has 16,458 members. It's Manager/CEO is Michael Hearne. The credit unions website is www.lfcu.org

Lafayette Federal Credit Union is a member of the Maryland Credit Union League.


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Lafayette Federal Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $304,732,702.00
Total Loans: $233,145,835.00
Net Worth Ratio: 8.65
% Share Growth: 4.54
% Loan Growth: 20.53
Loans/Assets Ratio: 76.5
Loans/Assets Ratio: 20.88
Numbers of Members: 15,671
Number of Full-time Employees: 53
 
As of December 31, 2005
Total Assets: $325,193,478.00
Total Loans: $257,047,252.00
Net Worth Ratio: 9.03
% Share Growth: -1.27
% Loan Growth: 10.25
Loans/Assets Ratio: 79.04
Loans/Assets Ratio: 18.13
Numbers of Members: 16,095
Number of Full-time Employees: 65
 
As of December 31, 2006
Total Assets: $319,413,569.00
Total Loans: $253,400,554.00
Net Worth Ratio: 9.69
% Share Growth: -3.23
% Loan Growth: -1.41
Loans/Assets Ratio: 79.33
Loans/Assets Ratio: 17.44
Numbers of Members: 16,747
Number of Full-time Employees: 67.5
 
 

In Maryland, this credit union competes with Navy Federal Credit Union and other credit unions for your business.

 
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Credit Union News:

(AFX UK Focus) 2008-02-06 04:11 GMT: US Central Federal Credit Union cut to 'AA+', on negative watch - S&P
Interactive Investor - Feb 5, 2008
MUMBAI (Thomson Financial) - Standard & Poor's Rating Services downgraded the US Central Federal Credit Union (USC), and signalled a further possible downgrade, citing mounting concerns regarding USC's exposure to losses from its large portfolio of higher-risk subprime and Alt-A mortgage-backed securities (MBS).

Full Story: http://www.iii.co.uk/news/%3ftype=afxnews%26articleid=6532828%26subject=companies%26action=article

DeFrance: CPCU offers school district a well-balanced partnership
Eaton Rapids Community News - Feb 3, 2008
Last year, Consumers Professional Credit Union (CPCU), put a branch in Eaton Rapids High School. Jodi Backofen and Missy Russell worked with Dave Johnson and Scott Warriner at the high school to get the bank operational.

Full Story: http://lsj.com/apps/pbcs.dll/article%3fAID=/20080203/EATONRAPIDS05/802030482

Security Services Provider SecureWorks Partners with Corporate America Credit Union to Deliver Security Services to ...
PR Newswire - Feb 5, 2008
SecureWorks®, one of the market's leading Security-as-a-Service providers, has partnered with Corporate America Credit Union who will resell SecureWorks' security and professional services to its member credit unions.

Full Story: http://biz.yahoo.com/prnews/080205/cltu100.html%3f.v=57


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