LorMet Community Federal Credit Union
230 East Broad Street, Elyria, OH 44035

Hours open
Monday:
9:00 AM - 5:00 PM
Tuesday:
9:00 AM - 5:00 PM
Wednesday:
9:00 AM - 5:00 PM
Thursday:
9:00 AM - 5:00 PM
Friday:
9:00 AM - 5:30 PM
Saturday:
9:00 AM - 1:00 PM
Sunday:
Closed
Photos
Location & Phone number
About the Business
LorMet Community Federal Credit Union, located at 230 East Broad Street in Elyria, Ohio, is a trusted institution that has been serving the community since 1936. Originally chartered as the National Tube Lorain Works Employees’ Credit Union, LorMet offers a wide range of financial services including ATM access and various loan products with low rates. Voted Best Mortgage Lender by readers of The Morning Journal, LorMet is dedicated to providing professional and easy-to-use financial services to its members.
With enhanced security features for debit cards and a convenient mobile app for banking on-the-go, LorMet ensures that its members have access to the resources they need, when they need them. The institution is also actively involved in giving back to the community, having raised over $100,000 for local families through the Second Harvest Food Bank of North Central Ohio.
Members praise LorMet for its personal and friendly service, with staff members who go above and beyond to help with any financial needs. Whether it's financing a vehicle purchase, home improvement project, or consolidating debt, LorMet is there to provide guidance and support. With a focus on building relationships with its members, LorMet truly makes you feel like part of the family.
Reviews
"We have banked with this place for almost 20 yrs and I personally have noticed a sharp decline in customer service. Tellers are getting rude and there is so much turnover that nobody knows us. This makes it very inconvenient when making large transactions because we are treated like total strangers each time. Further, I have had the lions share of my $$ at Achieve Credit Union for about 2 yrs now. Everyone is very friendly there, and because they have employee retention, they recognize me any time I stop by. Further, they are always willing to work with me in regards to bending policy on bank holds when necessary. I am often able to get up to half of any large deposit made available to me same day. Regardless of current balance. LorMet NEVER budges here. It is a huge inconvenience for me to deposit any $$ here. We have already begun the process of moving all of our banking over to Achieve. It is my goal to have all direct deposits moved there and LorMet accounts closed within the next calendar year. I’m finished with this bank."
"Our experience with LorMet Community Federal Credit Union was the best. They took care of our transactions quickly and professionally. I would highly recommend them to anyone. Tks for everything. RL VanMeter"
"Just recently opened an account at the Elyria branch. Was very impressed with the friendliness of the staff, and the quick and easy process."
"Ann and the crew at Elyria Lormet have always gone above and beyond to make doing business there enjoyable. I appreciate the kindness and attention to detail in every transaction they handle for us. Unlike your big banks, this credit union gives you that old home town bank feel. You know they appreciate your business."
"We did our banking with Lormet for many years. We reluctantly moved to Chase for our new business accounts. We are retired now and have finally been able to move back to Lormet! We really like a bank with local interests instead of big corporate banks investing in things that harm our planet for our children and grandchildren. Opening accounts online was easy. When Anne called me from Lormet, she remembered my husband and I even down to what we did for a living! I am so relieved not to be doing business with corporate banks and staying with my local credit union. We loved Lormet and are glad to be back. It is much more personalized. Better interest rates. I highly suggest supporting local instead of the big corporate banks that are destroying our environment and lives."
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