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iAdvertiser Disclosure
Advertiser Disclosure
Some institutions listed may have a business relationship with MonitorBankRates. Our proprietary systems independently track and verify all rates. Advertiser relationships do not influence our Safety Ratings, Star Ratings, Texas Ratio calculations, or the rates shown.
LorMet Community Federal Credit Union Rates & Review April 2026LorMet 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. LorMet Community Federal Credit Union
Amherst Main 2051 Cooper Foster Park Rd
https://lormet.com Amherst, OH 44001 1208
LorMet Community Federal Credit Union CD Rates
LorMet Community Federal Credit Union Savings Rates
LorMet Community Federal Credit Union Checking Rates
LorMet Community Federal Credit Union Mortgage Rates
LorMet Community Federal Credit Union Home Equity & HELOC
Methodology & Data SourcesMonitorBankRates 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
Website
https://lormet.com
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
FinancialsMonitorBankRates 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
Frequently Asked Questions About LorMet Community Federal Credit UnionIs 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
Retrieved from our database of financial products. Rates subject to change.
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