L G & W Credit Union

L G & W Credit Union is headquartered in Memphis and is the 33^rd largest credit union in the state of Tennessee. It is also the 1,480^th largest credit union in the nation. It was established in 1940 and as of December of 2011, it had grown to 17 employees and 4,660 members. L G & W Credit Union has a 5-star health rating.

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Data for Q4 2011

Institution Statistics L G & W NCUA # 3796 BankRate Report View Year Chartered 1940 Employees 17 Primary Regulator Assets and Liabilities Assets $94.57 million Loans $26.85 million Deposits $76.82 million Equity Capital $17.24 million Loan Loss Allowance $200,000 Unbacked Noncurrent Loans $91,000 Historic Data - December 2010 Assets $92.65 million Equity Capital $17.21 million Loan Loss Allowance $185,000 Unbacked Noncurrent Loans $20,000 Real Estate Owned $14,000 Profit Margin - Quarterly Net Interest Margin 5.42% Return on Assets 0.08% Return on Equity 0.42% Interest Income $2.97 million Non-Interest Income $199,000

Institution Health Overall Score: 5 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 L G & W Credit Union had $91,000 in non-current loans and owned real-estate with $17.43 million in equity and loan loss allowances on hand to cover it. This gives L G & W Credit Union a Texas Ratio of 0.52% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for L G & W Credit Union held steady from 0.20% as of December 31, 2010 to 0.52% as of December 31, 2011, resulting in a negative change of 167.02%. This indicates that the balance sheet and financial strength for L G & W Credit Union has held steady in recent periods. Deposit Growth In the past year, L G & W Credit Union has increased its total deposits by $1.55 million, resulting in 2.06% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth L G & W Credit Union has shown is above average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. L G & W Credit Union has $94.56 million in assets with $17.43 million in equity, resulting in a capitalization level of 18.44%, which is excellent.

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