Latvian Credit Union:

Latvian Credit Union was chartered in 1996 and its charter number is 68207. 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. Latvian Credit Union's address registered with the NCUA is PO BOX 486, EDMONDS, WA 98020. As of 10/06/06 Latvian CU reported $1,614,175 in assets. The credit union currenly has 265 members. It's Manager/CEO is Maija V. Riekstins. The credit unions website is www.lacamas.org. Latvian Credit Union is a member of the California Credit Union League .


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Latvian Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $2,002,788.00
Total Loans: $893,185.00
Net Worth Ratio: 10.43
% Share Growth: -1.87
% Loan Growth: -1.09
Loans/Assets Ratio: 44.59
Loans/Assets Ratio: 54.7
Numbers of Members: 287
Number of Full-time Employees: 1
 
As of December 31, 2005
Total Assets: $1,772,840.00
Total Loans: $948,409.00
Net Worth Ratio: 12.23
% Share Growth: -13.26
% Loan Growth: 6.18
Loans/Assets Ratio: 53.49
Loans/Assets Ratio: 45.77
Numbers of Members: 279
Number of Full-time Employees: 1
 
As of December 31, 2006
Total Assets: $1,555,140.00
Total Loans: $842,922.00
Net Worth Ratio: 14.19
% Share Growth: -14.23
% Loan Growth: -11.12
Loans/Assets Ratio: 54.2
Loans/Assets Ratio: 45.18
Numbers of Members: 263
Number of Full-time Employees: 1
 
 

 
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Credit Union News:

Snapshot
The Holland Sentinel - Feb 6, 2008
Todd Whiteman and Michele Cheney, from left, of United Federal Credit Union, recently presented Barb Pyle of MacMedia with a donation of 25 computers.

Full Story: http://hollandsentinel.com/stories/020608/local_20080206026.shtml

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The York Dispatch - Feb 8, 2008
Pennsylvania State Police arrested two York County residents Wednesday and charged them with robbing a Dauphin County credit union.

Full Story: http://yorkdispatch.inyork.com/yd/local/ci_8203133?source=rss

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MCT Credit Union has proposed changing from the National Credit Union Administration, an independent federal agency that charters and supervises federal credit unions, to American Share Insurance. ASI is out of Ohio and is a private insurance company that provides primary and excess share, or deposit, insurance exclusively to credit unions.

Full Story: http://www.panews.com/local/local_story_033225133.html


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