LIFE Credit Union (TX)

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
2.50%	5-year CD	60 Month Share Certificate 2.35% - Synchrony Bank 60 Month CD
1.00%	1-year CD	12 Month Share Certificate 1.35% - Ally Bank High Yield 12-Month CD
0.20%	Savings	Share Account 1.20% - Synchrony Bank High Yield Savings

View all LIFE Credit Union (TX) rates »

Overview / Commentary

www.lifefcu.com

940-565-5423

3351 Unicorn Lake Blvd
Denton, TX 76210

LIFE Credit Union (TX) is headquartered in Denton and is the 261^st largest credit union in the state of Texas. It is also the 3,404^th largest credit union in the nation. It was established in 1973 and as of March of 2017, it had grown to 11 employees and 1,788 members at 1 location. LIFE Credit Union (TX)'s CD rates are 11% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership in LIFE Credit Union is open to those who live, work, attend school or worship in Denton or Argyle, Texas.
See current membership details

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Health

B+

Data as of Q1 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. LIFE Credit Union (TX) has a low asset base.

Health Grade Components

Overall
NCUA #	21279
Year Chartered	1973
Employees	11
Primary Regulator

Profit Margin
Return on Assets - YTD	-1.12%
Return on Equity - YTD	-9.94%
Annual Interest Income	$221.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$20.9MM$12.7MM
Loans	Q1 2017vs Q1 2016	$16.8MM$10.0MM
Deposits	Q1 2017vs Q1 2016	$18.6MM$10.3MM
Equity Capital	Q1 2017vs Q1 2016	$2.3MM$2.3MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$68.00K$58.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$22.00K$19.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

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Savings
Checking
CD
IRA

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LIFE Credit Union (TX) Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%	$100	-	Share Account
0.20%	$100	-	IRA Share Account
0.20%	$100	-	Club Account

LIFE Credit Union (TX) Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.15%	-	-	Share Draft Account

LIFE Credit Union (TX) CD Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%	$500	-	60 Month Share Certificate
1.60%	$500	-	36 Month Share Certificate
1.25%	$500	-	24 Month Share Certificate
1.20%	$500	-	18 Month Share Certificate
1.00%	$500	-	12 Month Share Certificate
0.50%	$500	-	6 Month Share Certificate

LIFE Credit Union (TX) IRA Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%	$500	-	60 Month IRA Certificate
1.60%	$500	-	36 Month IRA Certificate
1.25%	$500	-	24 Month IRA Certificate
1.20%	$500	-	18 Month IRA Certificate
1.00%	$500	-	12 Month IRA Certificate
0.50%	$500	-	6 Month IRA Certificate

Locations

LIFE Credit Union (TX) Locations
Branch Office	3351 Unicorn Lake Blvd	Denton, TX 76210