Lawrence Memorial Hospital Employee
Lawrence Memorial Hospital Employee is a credit union based in New London, Connecticut, established in 1959, with $38 million in total assets serving 2,922 members. By Trust Grade it ranks 7th of 64 credit unions we track in Connecticut. Its net worth ratio of 22.5% is stronger than 84% of similarly sized credit unions, versus a Connecticut median of 11.2%. It was profitable over the most recent period, with a 2.02% return on assets. No consumer complaints against Lawrence Memorial Hospital Employee appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Lawrence Memorial Hospital Employee compares to Connecticut peers
How we graded Lawrence Memorial Hospital Employee
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (22.5% capital ratio)
- Strongly profitable (ROA 2.02%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Lawrence Memorial Hospital Employee over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Lawrence Memorial Hospital Employee insured?
Yes. Lawrence Memorial Hospital Employee 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.
Lawrence Memorial Hospital Employee: frequently asked questions
Is Lawrence Memorial Hospital Employee a good credit union?
Lawrence Memorial Hospital Employee 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 (22.5% capital ratio); Strongly profitable (ROA 2.02%).
Is Lawrence Memorial Hospital Employee NCUA-insured?
Yes. Lawrence Memorial Hospital Employee 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 Lawrence Memorial Hospital Employee?
Lawrence Memorial Hospital Employee holds $38 million in total assets, ranking 7th of 64 credit unions we track in Connecticut. It serves 2,922 members.
Does Lawrence Memorial Hospital Employee have CFPB complaints?
No CFPB complaints against Lawrence Memorial Hospital Employee 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.
