Credit Unions | Washington DC Credit Unions

Lee Federal Credit Union:

Lee Federal Credit Union was chartered in 1962 and its charter number is 15174. Lee Federal Credit Union's address registered with the NCUA is P.O. BOX 1741, WASHINGTON, DC 20013. As of 10/26/06, Lee FCU reported $7,454,457 in assets. The credit union currently has 878 members. It's Manager/CEO is Arnold Lee. The credit unions website is www.leefcu.com

Lee Federal Credit Union is a member of the District of Columbia Credit Union League.

Locations (2):

Lee Federal Credit Union
611 H St NW, Washington, DC 20001
(202) 289-7580

Lee Federal Credit Union
P.O. BOX 1741, Washington, DC 20013

Lee Credit Union Financial Evaluation

As of December 31, 2006
Total Assets: $7,277,641
Total Loans: $2,471,401
Net Worth Ratio: 22.75
% Share Growth: -7.63
% Loan Growth: 72.24
Loans/Assets Ratio: 33.95
Investment/Assets Ratio: 64.28
Number of Members: 875
Number of Full-time Employees: 5

 In the year of 2006, Lee Credit Union assets decreased by 0.04% and its membership decreased by 0.02%. Lee CU's membership decreased by a total of 18 members. Assets decreased by the amount of $318,951. The total loan amounts went from $1,434,825 in 2005 to $2,471,401 in 2006. Their net worth ratio increased to 22.75. Lee CU maintained their job opportunities at 5.

As of December 31, 2005
Total Assets: $7,596,592
Total Loans: $1,434,825
Net Worth Ratio: 20.07
% Share Growth: -17.92
% Loan Growth: 37.31
Loans/Assets Ratio: 18.88
Investment/Assets Ratio: 79.38
Number of Members: 893
Number of Full-time Employees: 5

 In the year of 2005, Lee Credit Union assets decreased by 0.14% and its membership decreased by 0.03%. Lee CU's membership decreased by a total of 25 members. Assets decreased by the amount of $1,200,696. The total loan amounts went from $1,044,941 in 2004 to $1,434,825 in 2005. Their net worth ratio increased slightly to 20.07. Lee CU decreased their job opportunities to 5 by reducing 1 employee.

As of December 31, 2004
Total Assets: $8,797,288
Total Loans: $1,044,941
Net Worth Ratio: 16.12
% Share Growth: -12.1
% Loan Growth: -28.32
Loans/Assets Ratio: 11.87
Investment/Assets Ratio: 87.07
Number of Members: 918
Number of Full-time Employees: 6

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

 
Other Credit Unions:
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  • FRB FCU serves current and retired employees of the Federal Reserve Board; employees of the Federal Reserve Banks permanently stationed in Washington, D.C.; the Board of Governors of the Federal Reserve System; and employees of the credit union.
  • New London Security FCU is headquarted in New London, Connecticut.
  • Greater Waterbury Healthcare FCU meets the financial needs of people in the Greater Waterbury area.
  • Truwest Credit Union (12) has services for anyone who lives or works, or any business located in Maricopa County, Arizona.
Credit Union News:

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Full Story: http://www.indystar.com/apps/pbcs.dll/article?AID=/20080218/BUSINESS/802180326

Credit unions raise funds to end hunger
The Lewiston Sun Journal - Feb 6, 2008
WESTBROOK - Maine's credit unions celebrated their efforts toward "thawing" out hunger in Maine at the January Thaw to End Hunger Celebration Event on Jan. 28 at the Maine Credit Union League.

Full Story: http://www.sunjournal.com/story/250669-3/LewistonAuburn/Credit_unions_raise_funds_to_end_hunger/

MCT Credit Union to host vote on changing deposit insurer
Orange Leader - Feb 3, 2008
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.

Full Story:ff http://www.orangeleader.com/local/local_story_034211823.html

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