Charter 24637 · Amherst, OH
Lormet Community Federal Credit Union
Lormet Community Federal Credit Union is a federally chartered credit union in Amherst, Ohio, with $283 million in assets and 18,894 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 13.73%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $283 million
- +5.6% in a year
- Members
- 18,894
- -2.5% in a year
- Net worth ratio
- 13.73%
- Peer median 11.65%
- Loans 60+ days late
- 0.15%
- Peer median 0.70%
- Loans outstanding
- $139 million
- -1.5% in a year
- Shares and deposits
- $244 million
- +4.4% in a year
- Branches
- 4
- 43 employees
- Opened
- 1936
- Federal charter
How Lormet Community Federal Credit Union compares
NCUA groups credit unions by size; Lormet Community Federal Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 13.73% is higher than that group's median of 11.65%, and its share of loans 60 or more days past due, 0.15%, is lower than the group median of 0.70%. Loans fell 1.5% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 36 of 192 credit unions headquartered in Ohio. See all Ohio credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $283 million | 18,894 | $139 million | 13.73% | 0.15% |
| Q1 2026 | $281 million | 19,025 | $137 million | 13.58% | 0.15% |
| Q4 2025 | $277 million | 19,214 | $139 million | 13.37% | 0.20% |
| Q3 2025 | $272 million | 19,391 | $142 million | 13.24% | 0.26% |
| Q2 2025 | $268 million | 19,374 | $141 million | 13.05% | 0.20% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 449,029 potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 4 sites for Lormet Community Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Amherst Main (main office)
2051 Cooper Foster Park Rd, Amherst, OH 44001 - East Broad Street
230 E Broad St, Elyria, OH 44035 - Wellington
216 N Main St, Wellington, OH 44090 - Avon Lake
586 Moore Rd, Avon Lake, OH 44012
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology