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LorMet Community Federal Credit Union Rates & Review April 2026

LorMet Community Federal Credit Union's IRA CDs (Traditional & Roth) Roth - 30 month rates are at 0.47%, IRA CDs (Traditional & Roth) Traditional - 30 month rates are at 0.47%, IRA CDs (Traditional & Roth) Roth - 24 month rates are at 0.37%, IRA CDs (Traditional & Roth) Traditional - 24 month rates are at 0.37%, IRA CDs (Traditional & Roth) Roth - 18 month rates are at 0.27%. LorMet Community Federal Credit Union's savings rates are at 0.05%. MonitorBankRates evaluates the financial stability of LorMet Community Federal Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.08%. Rates were last updated on 04/18/2026.

LorMet Community Federal Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at LorMet Community Federal Credit Union? Share your experience about LorMet Community Federal Credit Union by leaving a review below, or read customer reviews before you decide to use LorMet Community Federal Credit Union.

Overall Health & Safety Grade ?
A+
Exceptional Health Score: 99/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
1.08%
Excellent Lower than avg
LorMet Community Federal Credit Union
Amherst Main
2051 Cooper Foster Park Rd
Amherst, OH 44001 1208
https://lormet.com
Member NCUA

LorMet Community Federal Credit Union CD Rates

Product Rate APY Term View More
IRA Certificates (Traditional & Roth) Roth - 30 month 0.47% 0.47% 30 Months
Min Deposit $500
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%
IRA Certificates (Traditional & Roth) Traditional - 30 month 0.47% 0.47% 30 Months
Min Deposit $500
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%
IRA Certificates (Traditional & Roth) Roth - 24 month 0.37% 0.37% 24 Months
Min Deposit $500
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%
IRA Certificates (Traditional & Roth) Traditional - 24 month 0.37% 0.37% 24 Months
Min Deposit $500
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%
IRA Certificates (Traditional & Roth) Roth - 18 month 0.27% 0.27% 18 Months
Min Deposit $500
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%
IRA Certificates (Traditional & Roth) Traditional - 18 month 0.27% 0.27% 18 Months
Min Deposit $500
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%
IRA Certificates (Traditional & Roth) Traditional - 18 month (variable) 0.27% 0.27% 18 Months
Min Deposit $25
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%
IRA Certificates (Traditional & Roth) Roth - 12 month 0.22% 0.22% 12 Months
Min Deposit $500
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%
IRA Certificates (Traditional & Roth) Traditional - 12 month 0.22% 0.22% 12 Months
Min Deposit $500
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%
IRA Certificates (Traditional & Roth) Roth - 182 Days 0.12% 0.12% 182 Days
Min Deposit $500
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%
IRA Certificates (Traditional & Roth) Traditional - 182 Days 0.12% 0.12% 182 Days
Min Deposit $500
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%

LorMet Community Federal Credit Union Savings Rates

Product Rate APY View More
Holiday Savings 0.05% 0.05%
Min Deposit $5
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%
Primary Savings 0.05% 0.05%
Min Deposit $5
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%
Vision Savings 0.05% 0.05%
Min Deposit $5
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%

LorMet Community Federal Credit Union Checking Rates

Product Rate APY View More
Checking Accounts 1.00% 1.00%
Details Qualifying balance up to $3,000.00
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%

LorMet Community Federal Credit Union Mortgage Rates

Product Rate Points APR Term View More
FHA (No Equity) Home Improvement Loan - - 6.95% 7 years
No additional details.
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%

LorMet Community Federal Credit Union Home Equity & HELOC

Product Rate Points APR Term View More
Home Equity Line of Credit - - 6.25% 20 years
Details As Low As
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%
Fixed Rate Home Equity Loan - - 6.78% up to 15 years
No additional details.
Last Updated 04/18/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 1.08%

Methodology & Data Sources

MonitorBankRates Star Rating
Our rating for LorMet Community Federal Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather LorMet Community Federal Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with LorMet Community Federal Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name LorMet Community Federal Credit Union
Address 2051 Cooper Foster Park Rd, Amherst, OH 44001 1208
Phone 440-960-6600
Fax 440-960-6640
President Victoria Lesner
CEO Daniel Cwalina
Full-Time Employees 37
Part-Time Employees 3
Branch Locations 4
ATM Locations 4
NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (99/100)
Texas Ratio
1.08%
Return on Assets (ROA)
1.1860%
Return on Equity (ROE)
9.1985%
Non-Performing Loans Ratio (NPL)
0.26%
Total Assets
271,610,905
Total Amount of Shares and Deposits
235,771,271
Total Shares and Deposits < 1 Year
233,200,647
Total Shares and Deposits 1 3 Years
2,570,624
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
7,991,029
Total Uninsured Shares and Deposits > $250K (F+J)
7,991,029
Total Insured Shares and Deposits > $250K (item 17 less item K)
227,780,242
Total Interest Expense (Sum of items 6 8)
1,750,854
Share Certificates
1,867
Number of Accounts for Share Drafts
7,148
IRA KEOGH Accounts
495
Number of Accounts for Regular Shares
21,369
Money Market Shares
142
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
26,809,318
Total Liabilities
237,501,279
Source: NCUA — Last Updated 09/30/2025

Customer Reviews

Tommu
★★★★☆
January 22, 2026
Opened a savings account at the branch, was easy.
Average Rating
★★★★☆
Total Reviews
1
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Frequently Asked Questions About LorMet Community Federal Credit Union

Is LorMet Community Federal Credit Union a safe place to deposit money?

Yes, LorMet Community Federal Credit Union is considered a safe financial institution. With a Texas Ratio of 1.0765708316257%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category.

How many branches does LorMet Community Federal Credit Union operate?

LorMet Community Federal Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join LorMet Community Federal Credit Union?

Yes, to access services at LorMet Community Federal Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, LorMet Community Federal Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, LorMet Community Federal Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does LorMet Community Federal Credit Union offer online and mobile banking?

Most modern institutions like LorMet Community Federal Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://lormet.com.

Current LorMet Community Federal Credit Union Rates

  • 12-Month CD0.22%
  • 18-Month CD0.27%
  • 24-Month CD0.37%
  • Savings0.05%
Retrieved from our database of financial products. Rates subject to change.