Lormet Community
Lormet Community is a credit union based in Amherst, Ohio, established in 1936, with $281 million in total assets serving 19,025 members. By Trust Grade it ranks 22nd of 195 credit unions we track in Ohio. Its net worth ratio of 13.6% is stronger than 77% of similarly sized credit unions, versus a Ohio median of 12%. It was profitable over the most recent period, with a 1.72% return on assets. No consumer complaints against Lormet Community appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Lormet Community compares to Ohio peers
How we graded Lormet Community
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.6% capital ratio)
- Strongly profitable (ROA 1.72%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Lormet Community over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Lormet Community insured?
Yes. Lormet Community is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Lormet Community: frequently asked questions
Is Lormet Community a good credit union?
Lormet Community earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (13.6% capital ratio); Strongly profitable (ROA 1.72%).
Is Lormet Community NCUA-insured?
Yes. Lormet Community is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Lormet Community?
Lormet Community holds $281 million in total assets, ranking 22nd of 195 credit unions we track in Ohio. It serves 19,025 members.
Does Lormet Community have CFPB complaints?
No CFPB complaints against Lormet Community appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
