Membership Information
Why a Credit Union?
LeRoy Federal Credit Union is a non-profit financial organization, owned by our members, who are also our shareholders. As a cooperative organization all income from operations, after expenses, is returned to the members in the form of dividends on deposits and low interest rate loans.
Who Can Apply?
Anyone who lives, works, or attends school in the village or town of LeRoy is eligible to join. Extended family members of eligible members are also welcome to join!
We think you’ll be impressed with the many quality services we have to offer. Whether you need to save, borrow or invest, see us first because as a member, we’re focused on YOU!
How to Become a Member?
With a minimum of $10.00 you can become a member and take advantage of what the credit union has to offer—simply stop by in person at our main office. No appointment is needed.
Some History
LeRoy Federal Credit Union was federally chartered in 1958 as L-M Employees Federal Credit Union, to service the employees and family members of employees of the LeRoy Machine Company, Inc. The Credit Union grew and prospered up until the third quarter of 1981. Unfortunately, an economic slowdown in the beginning of 1982 resulted in layoffs at the plant and threatened the future growth and stability of the Credit Union. To insure continued growth and expanded services to its members, the governing board applied for and was granted a community charter in 1983.
