LifeWay Credit Union

Overview / Commentary

www.lifewaycu.org

615-251-2089

1 LifeWay Plaza Ste 20
Nashville, TN 37234-1003

LifeWay Credit Union is headquartered in Nashville and is the 59^th largest credit union in the state of Tennessee. It is also the 2,471^st largest credit union in the nation. It was established in 1954 and as of December of 2019, it had grown to 9 employees and 3,240 members at 1 location. LifeWay Credit Union's CD rates are 11% higher than the national average, and it has a B health rating.

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Health

Data as of Q4 2019

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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. LifeWay Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	68172
Year Chartered	1954
Employees	9
Primary Regulator

Profit Margin
Return on Assets - YTD	0.1%
Return on Equity - YTD	0.89%
Annual Interest Income	$1.5MM

Assets and Liabilities
Assets	Q4 2019vs Q4 2018	$43.5MM$43.7MM
Loans	Q4 2019vs Q4 2018	$22.7MM$24.0MM
Deposits	Q4 2019vs Q4 2018	$38.5MM$38.7MM
Equity Capital	Q4 2019vs Q4 2018	$4.7MM$4.7MM
Loan Loss Allowance	Q4 2019vs Q4 2018	$110.00K$315.00K
Unbacked Noncurrent Loans	Q4 2019vs Q4 2018	$145.00K$129.00K
Real Estate Owned	Q4 2019vs Q4 2018	$0$0

Rates

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Savings
CD

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

LifeWay Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.30%^*	$100k^*	-	PlatinumPlus Share Savings
OTHER TIERS: 0.05% → Up to $10k \| 0.20% → $10k - $50k \| 0.25% → $50k - $100k
0.10%	-	-	IRA Share Savings
0.05%	$25	-	Regular Share Savings
0.05%	-	-	Club Share Savings

LifeWay Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.56%	$1k	$100k	60 Month Share Certificate
1.31%	$1k	$100k	48 Month Share Certificate
1.21%	$1k	$100k	36 Month Share Certificate
1.11%	$1k	$100k	24 Month Share Certificate
1.00%	$1k	$100k	12 Month Share Certificate
1.00%	$1k	$100k	18 Month Share Certificate
0.85%	$1k	$100k	6 Month Share Certificate
0.85%	$1k	$100k	9 Month Share Certificate
0.30%	$1k	$100k	3 Month Share Certificate

Locations

LifeWay Credit Union Locations
Branch Office	1 LifeWay Plz Ste 20	Nashville, TN 37234-1001

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