Lynchburg Foundry Federal Credit Union:

Lynchburg Foundry Federal Credit Union was chartered in 1937 and its charter number is 2225. 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. Lynchburg Foundry Federal Credit Union's address registered with the NCUA is P O BOX 891, LYNCHBURG, VA 24505. As of 10/25/06 Lynchburg Foundry FCU reported $15,403,236 in assets. The credit union currenly has 4,807 members. It's Manager/CEO is Doris W.Proffitt-Hendrick. The credit unions website is no web address provided. Lynchburg Foundry Federal Credit Union is a member of the Virginia Credit Union League.


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Lynchburg Foundry Federal Credit Union Financial Evaluation

As of December 31, 2004
Total Assets: $17,191,521.00
Total Loans: $5,025,901.00
Net Worth Ratio: 22.76
% Share Growth: -2.36
% Loan Growth: -14.91
Loans/Assets Ratio: 29.23
Loans/Assets Ratio: 67.6
Numbers of Members: 5,203
Number of Full-time Employees: 7.5
 
As of December 31, 2005
Total Assets: $16,047,180.00
Total Loans: $4,649,260.00
Net Worth Ratio: 24.42
% Share Growth: -10.71
% Loan Growth: -7.49
Loans/Assets Ratio: 28.97
Loans/Assets Ratio: 68.12
Numbers of Members: 4975
Number of Full-time Employees: 7
 
As of December 31, 2006
Total Assets: $14,729,297.00
Total Loans: $4,936,276.00
Net Worth Ratio: 26.88
% Share Growth: -9.52
% Loan Growth: 6.17
Loans/Assets Ratio: 33.51
Loans/Assets Ratio: 63.77
Numbers of Members: 4,766
Number of Full-time Employees: 7
 
 

 
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Credit Union News:

The dress down to raise some money
The Reporter - Feb 6, 2008
Borrowing an approach to "casual Fridays," Financial Resources Federal Credit Union established "Jeans Day Friday" in 2005 whereby on the last Friday of every month the credit union's employees are permitted to wear jeans by contributing at least $5 to a fund maintained by Financial Resources FCU Foundation for the benefit of an organization.

Full Story: http://www.nj.com/business/reporter/index.ssf?/base/business-0/120231752688370.xml&coll=13

Credit union holds annual meeting
Montgomery Advertiser - Feb 5, 2008
The Montgomery-based Alabama State Employees Credit Union will hold its annual meeting at 2:30 p.m. today in the Gordon Persons Building auditorium.

Full Story: http://www.montgomeryadvertiser.com/apps/pbcs.dll/article%3fAID=/20080205/BUSINESS/802050315

Police: Couple Captured After Bank Heist
WGAL 8 Susquehanna Valley - Feb 8, 2008
LOWER PAXTON TOWNSHIP, Pa. -- A York couple was arrested shortly after police said they robbed a bank in Dauphin County on Wednesday. State police said Davon Roberts and Latrish Gary held up the Members First Credit Union on Hershey Road around noon.

Full Story: http://www.wgal.com/news/15242598/detail.html?rss=lan&psp=news


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