LIFE Credit Union (TX)


Overview / Commentary
940-565-5423
3351 Unicorn Lake Blvd
Denton, TX 76210

LIFE Credit Union (TX) is headquartered in Denton and is the 250th largest credit union in the state of Texas. It is also the 3,215th largest credit union in the nation. It was established in 1973 and as of June of 2020, it had grown to 7 employees and 2,028 members at 2 locations. LIFE Credit Union (TX) 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

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
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 Chartered1973
Employees7
Primary Regulator
Profit Margin
Return on Assets - YTD-0.67%
Return on Equity - YTD-9.11%
Annual Interest Income$570.00K
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$24.1MM$21.3MM
LoansQ2 2020vs Q2 2019$19.5MM$18.5MM
DepositsQ2 2020vs Q2 2019$22.1MM$19.5MM
Equity CapitalQ2 2020vs Q2 2019$1.7MM$1.8MM
Secondary CapitalQ2 2020vs Q2 2019$200.00K
Loan Loss AllowanceQ2 2020vs Q2 2019$119.00K$179.00K
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$99.00K$82.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not LIFE Credit Union (TX); we are a rate comparison website and cannot provide official rates or promotions.

LIFE Credit Union (TX) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%--60 Month CD Special
1.05%--24 Month CD Special
0.85%--12 Month CD Special
Locations


LIFE Credit Union (TX) Locations
Branch Office3351 Unicorn Lake BlvdDenton, TX 76210
Branch Office8800 US Highway 380 Ste 200Crossroads, TX 76227-2515

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected]nts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.