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Lauderdale County Teachers Credit Union
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Lauderdale County Teachers Credit Union Share
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Overview Share
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Lauderdale County Teachers Credit Union is a federally insured state credit union based in Florence, Alabama. It has been opened since 1956, for 66 years.

With around $29,540,000 in assets, Lauderdale County Teachers Credit Union is considered to be an average size credit union. It has 1 branches and 1 ATM locations.

About Share
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Address 103 Mangum Street
Florence, Alabama 35630
Website http://www.lctcu.org
Phone (256) 766-2936
Fax (256) 766-2933
CEO Sherry Fulks
President of the Board Robert Trimm
Services Offered
Score Card Share
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66 years
Years in business
Opened in 1956
Well Capitalized
Net worth classification
Source: NCUA
2,557 members
Membership type: State chartered natural person credit union
Average number of members
511:1
Credit union member to staff ratio
511 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
$29,538,398
Total assets
Average size
1 branch
Compared with an average of 4 nationally and 4 in Alabama
Average number of branches
0.25%
Savings interest rate
Compared to 0.3% nationally
Branches Share
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1 branch
Compared with an average of 4 nationally and 4 in Alabama
Average number of branches
Lauderdale County Teachers Credit Union Branch Locations

Lauderdale County Teachers Credit Union: Main Office
103 Mangum Street
Florence, Alabama 35630
ATM Available
Members Share
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2,557 members
Membership type: State chartered natural person credit union
Average number of members

With 2,557 members, the Lauderdale County Teachers Credit Union is considered to be a medium size credit union. It is larger than 41% of credit unions.

Fees Share
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$41
Average fee per member
The average fee per member at the Lauderdale County Teachers Credit Union is $41, which is comparable to most credit unions. This rate is lower than 56% of all credit unions.
Fees are average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Lauderdale County Teachers Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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511:1
Credit union member to staff ratio
511 per each FTE employee
Compared to 411:1 nationally
Less staff than other credit unions
5 staff members
FTE (full-time equivalent)
33% of employees are part-time
4 full-time, 2 part-time

Lauderdale County Teachers Credit Union has 4 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 67% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Lauderdale County Teachers Credit Union has around 511 members per staff, a high ratio compared to other credit unions.

Assets Share
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$29,538,398
Total assets
Average size
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
12.5%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$19,228
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 90% of credit unions.

Lauderdale County Teachers Credit Union holds a total of $11,560,000 in loans and leases, which is about $19,228 per member on average.

Savings interest rate Share
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0.25%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Lauderdale County Teachers Credit Union pays 0.25%.

Loan rates Share
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10.00%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
10.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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2.12%
New car loan rate
Compared to 4.0% nationally
3.12%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.00%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
3.50%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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All of Asset Brief

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Similar Credit Unions to Lauderdale County Teachers Credit Union

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Cleveland-Bradley Cty Teacher Credit Union: Cleveland/Bradley County Teachers Federal Credit Union
Credit Union Branch: 420 Central Avenue NW
Cleveland, Tennessee 37311 ATM Available
ATM
Credit Union ATM: 103 Mangum Street
Florence, Alabama 35630
Lauderdale County Teachers Credit Union: Main Office ATM
Credit Union ATM: 103 Mangum Street
Florence, Alabama 35630
Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.
Lauderdale County Teachers Credit Union: Main Office
Credit Union Branch: 103 Mangum Street
Florence, Alabama 35630 ATM Available
the Lauderdale County Bank
Bank: Halls, Tennessee 84303118.0
Lauderdale County Teachers Credit Union
Credit Union: Well Capitalized Florence, Alabama 2557.0 $30 million Well Capitalized
Cleveland-Bradley Cty Teacher Credit Union: Cleveland Bradley County Teachers Federal Credit Union
Credit Union Branch: 137 Ocoee Xing NW
Cleveland, Tennessee 37312 ATM Available