Labor Management Federal Credit Union

Headquarters

8225 U S Highway 60 W, Po Box 475
Lewisport, KY 42351
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.30% 5.55% →
1-Year CD 0.60% 5.60% →
2-Year CD 0.75% 4.90% →
5-Year CD 1.26% 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Labor Management is an NCUA insured institution located in Lewisport, KY. It was founded in 1974 and has approximately $33.64 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 21853
Date Established 1974
Assets $33.64 million
Loans $23.53 million
Deposits $29.64 million
Capital $4.00 million
 

Deposit Rates - April 21, 2024

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.30% $2,500 $4,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.50% $10,000 $14,999 Learn More
6 Mo CD
0.50% $100,000 $199,999 Learn More
12 Mo CD
0.60% $10,000 $14,999 Learn More
12 Mo CD
0.60% $100,000 $199,999 Learn More
18 Mo CD
0.70% $10,000 $14,999 Learn More
18 Mo CD
0.70% $100,000 $199,999 Learn More
24 Mo CD
0.75% $10,000 $14,999 Learn More
24 Mo CD
0.75% $100,000 $199,999 Learn More
36 Mo CD
0.80% $10,000 $14,999 Learn More
36 Mo CD
0.80% $100,000 $199,999 Learn More
60 Mo CD
1.26% $10,000 $14,999 Learn More
60 Mo CD
1.26% $100,000 $199,999 Learn More
Variable IRA Rates APY MIN MAX
Var IRA
1.11% $1 $499 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.30% $1 $99 Learn MoreShow Less
Int Ckg
0.30% $2,500 $3,499 Learn MoreShow Less

Loan Rates - April 21, 2024

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for Labor Management

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Virginia 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Tomo Mortgage, LLC.
NMLS ID: 2059741
6.994% 6.875% 0.63 $3,901 $2,103 Learn More
Rocket Mortgage
NMLS ID: 3030
7.451% 7.375% 0.75 $2,400 $2,211 Learn More
Veterans United Home Loans
NMLS ID: 1907
Learn More
MortgageResearch.com
NMLS ID: Not a Lender
Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$0 Learn More
More Info

Note to Labor Management
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Branches

Below are Labor Management branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Labor Management Locations



Climate Policy and Initiatives

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Financial Details

Labor Management Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Labor Management. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Labor Management U.S. Average
6.66% 6.97

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of December 31, 2023, Labor Management had $265,989 in non-current loans and $0 in owned assets. To cover these potential losses it had $3,995,880 in net worth and $-4,418 in loans loss reserves. That gives it a Texas Ratio of 6.66%.

Net Worth
Labor Management U.S. Average
11.87% 13.62%

Labor Management FCU has a net worth of 11.87% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Labor Management

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