L & N Federal Credit Union

Headquarters

9115 Smyrna Pkwy
Louisville, KY 40229
See all branch locations →

Notable Rates	APY	Vs.Others
Savings	0.05%	5.50% →
1-Year CD	0.70%	4.80% →
2-Year CD	0.95%	4.25% →
5-Year CD	1.15%	4.05% →
30-Year Mortgage	N.A.	4.91% →
15-Year Mortgage	N.A.	4.39% →
HELOC	N.A.	0.99% →

Overview
Membership
Deposit Rates
Loan Rates
Branches
Climate
Financial Details
FAQs
Reviews

2024 Overview

General Credit Union Information

L & N is an NCUA insured institution located in Louisville, KY. It was founded in 1954 and has approximately $2180.03 millions in assets.

Who can join?

You can join if you live, work, worship, attend school, or belong to any legal entity in any of the following counties:

Louisville Region:
Bullitt County, Henry County, Jefferson County, Oldham County, Shelby County, Spencer County, Trimble County, Clark County, IN, Floyd County, IN

Southeastern Kentucky Region
Laurel County, Pulaski County, Rockcastle County, Whitley County, Knox County

Northern Kentucky Region
Boone County, Campbell County, Kenton County, Gallatin County, Grant County, Pendleton County, Dearborn County, IN, Hamilton County, IN, Ohio County, IN

You are also eligible if someone in your immediate family is a current member. An immediate family member, as it pertains to credit union membership, is defined as: spouse, child, sibling, parent, grandparent, grandchild, stepparents, stepchildren, step-siblings, and adoptive relationships. One can also be eligible by living in the same household with a current member, and contributes to the economic unit.


NCUA Insured	Yes / Federally Chartered
Charter Number #	# 9260
Date Established	1954
Assets	$2,180.03 million
Loans	$1,668.18 million
Deposits	$1,854.22 million
Capital	$232.13 million

Field of Membership Restrictions

Membership L & N Federal Credit Union is open to those who live, work, worship, attend school, or to any legal entity in Bullitt, Henry, Jefferson, Oldham, Shelby, Spencer, Trimble, Laurel, Pulaski, Rockcastle, Whitley, Knox, Boone, Campbell, Kenton, Gallatin, Grant, Pendleton Counties in Kentucky, and Clark, Floyd, Dearborn, and Ohio Counties in Indiana, or Hamilton County, Ohio.

Deposit Rates - December 3, 2024

Your Current Location: Ohio, OH 43085

Savings and Money Market Rates (Share Account Rates)	APY	MIN	MAX
Savings	0.05%	$2,500	$4,999	Learn More Reviews
Money Market	0.05%	$2,500	$2,999	Learn More Reviews
Money Market	0.05%	$10,000	$14,999	Learn More Reviews
Money Market	0.40%	$25,000	$29,999	Learn More Reviews

CD Rates (Share Certificate Rates)	APY	MIN	MAX
6 Mo CD	0.50%	$10,000	$14,999	Learn More Reviews
6 Mo CD	0.50%	$100,000	$199,999	Learn More Reviews
12 Mo CD	0.70%	$10,000	$14,999	Learn More Reviews
12 Mo CD	0.70%	$100,000	$199,999	Learn More Reviews
18 Mo CD	0.80%	$10,000	$14,999	Learn More Reviews
18 Mo CD	0.80%	$100,000	$199,999	Learn More Reviews
24 Mo CD	0.95%	$10,000	$14,999	Learn More Reviews
24 Mo CD	0.95%	$100,000	$199,999	Learn More Reviews
36 Mo CD	1.05%	$10,000	$14,999	Learn More Reviews
36 Mo CD	1.05%	$100,000	$199,999	Learn More Reviews
48 Mo CD	1.10%	$10,000	$14,999	Learn More Reviews
48 Mo CD	1.10%	$100,000	$199,999	Learn More Reviews
60 Mo CD	1.15%	$10,000	$14,999	Learn More Reviews
60 Mo CD	1.15%	$100,000	$199,999	Learn More Reviews

Int Checking Rates	APY	MIN	MAX
Int Ckg	0.05%	$1	$99	Learn MoreShow Less
Int Ckg	0.05%	$2,500	$3,499	Learn MoreShow Less

Loan Rates - December 3, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for L & N

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

Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender	APR	Rate (%)	Points	Fees	Monthly Payment	Learn More
NMLS ID: 1835285	6.128%	6.000%	0.88	$4,400	$1,919	Learn More
NMLS ID: 2578474	6.242%	6.125%	0.88	$4,010	$1,945	Learn More
NMLS ID: 66247	6.319%	6.250%	0.75	$2,330	$1,971	Learn More
NMLS ID: 1025894	6.579%	6.490%	0.75	$2,972	$2,021	Learn More

See More Mortgage Rates →

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender	APR (%)^?	Monthly Payment^?	Learn More
Third Federal Savings and Loan See Table	Intro APR 7.240 % After Intro: 7.240 %	$0	Learn More More Info
Conditions… Variable APR of Prime minus 1.01% in all states. Min loan amount $10,000. Max loan amount $200,000. 30-year term. Annual fee waived for the first year. See conditions for guarantee at thirdfederal.com. Third Federal rate are typically 20% lower than other leaders Guaranteed Lowest Rate No closing costs, prepayment penalties, or minimum draw requirements 10 year draw period
Rate See Table	Intro APR 8.250 % After Intro: 8.250 %	$25,000	Learn More More Info
A Guaranteed Rate HELOC is secured with your home as collateral, whereas personal loans and credit cards are not. To check the rates and terms you qualify for, we will conduct a soft credit pull that will not affect your credit score. However, if you continue and submit an application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit. Approval may be granted in five minutes but is ultimately subject to verification of income and employment, as well as verification that your property is in at least average condition with a property condition report. Five business day funding timeline assumes closing the loan with our remote online notary. Funding timelines may be longer for loans secured by properties located in counties that do not permit recording of e-signatures or that otherwise require an in-person closing. Guaranteed Rate Home Equity Line is an open-end product where the full loan amount (minus lender, broker, third party, and governement fees, as applicable) will be 100% drawn at the time of origination. The initial amount funded at origination will be based on a fixed rate; however, this product contains an additional draw feature. As the borrower repays the balance on the line, the borrower may make additional draws during the draw period. If the borrower elects to make an additional draw, the interest rate for that draw will be set as of the date of the draw and will be based on an Index, which is the Prime Rate published in the Wall Street Journal for the calendar month preceding the date of the additional draw, plus a fixed margin. Accordingly, the fixed rate for any additional draw may be higher than the fixed rate for the initial draw. Apply in 5 minutes, get your money in as fast as 5 days. Digital application experience. Funds directly to your bank account. No in-person appraisal needed.
Achieve Loans See Table	Intro APR 10.625 % After Intro: 10.625 %	$0	Learn More More Info
All terms are estimates until underwriting is complete. Offer shown includes a .50% discount for automatic payment enrollment (autopay enrollment is not a condition of loan approval). 10, 15, 20, and 30-year terms available (20 and 30 year terms only available for cash out requests). All terms have a 5-year draw period with the remaining term being a no draw period. Payments are fully amortized during each period and determined on the outstanding principal balance each month. Closing fees range from $750 to $6,685, depending on line amount and state law requirements and typically include origination (2.5% of line amount) and underwriting ($725) fees if allowed by law. Property must be owner-occupied and combined loan-to-value ratio may not exceed 80%, including the new loan request. Property insurance is required and flood insurance may be required if the subject property is located in a flood zone. You must pledge your home as collateral. Offers are only valid in states where Achieve is licensed. Loans are not available to residents of all states and available loan terms and fees may vary by state where offered. Contact Achieve Loans for further details. Competitive rates, Pre-qualify in minutes Mortgage Advisors standing by to help find the best solution Flexible terms with fast funding Minimum credit score: 640

See More Home Equity Rates →

Note to L & N
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Branches

Below are L & N 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:
Columbus,Ohio

L & N Locations around zip code 43085

Branch	Distance	Map	View Lobby Hours
ERLANGER	107.26	A	View Lobby Hours
OLD BROWNSBORO CROSSING	177.73	B	View Lobby Hours
MIDDLETOWN WAL-MART	178.28	C	View Lobby Hours
MCMAHAN	184.23	D	View Lobby Hours
JEFFERSONVILLE	184.24	E	View Lobby Hours
DOWNTOWN	188.00	F	View Lobby Hours
Mount Washington	189.03	G	View Lobby Hours
Smyrna Admin	189.53	H	View Lobby Hours
SMYRNA	189.55	I	View Lobby Hours
SMYRNA ADMIN NORTH	189.59	J	View Lobby Hours
SOUTHERN PARKWAY	191.54	K	View Lobby Hours
DIXIE	196.20	L	View Lobby Hours
LONDON DOWNTOWN	203.77	M	View Lobby Hours
CORBIN	214.63	N	View Lobby Hours
SOMERSET	218.59	O	View Lobby Hours
WILLIAMSBURG WAL-MART	232.39	P	View Lobby Hours

View Branches Nationwide →

Climate Policy and Initiatives

L & N is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.

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Financial Details

L & N Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of L & N. 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

L & N	U.S. Average
7.35%	5.83

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 June 30, 2024, L & N had $17,310,357 in non-current loans and $130,881 in owned assets. To cover these potential losses it had $232,133,946 in net worth and $5,048,358 in loans loss reserves. That gives it a Texas Ratio of 7.35%.

Net Worth

L & N	U.S. Average
10.65%	13.93%

L & N FCU has a net worth of 10.65% versus the BestCashCow average of 13.93. 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 L & N

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