LifeWay Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	HOW THEY COMPARE
1.96%	5-year CD	3.10% - Goldman Sachs Bank USA High-yield 5 Year CD
1.25%	1-year CD	2.65% - Barclays 12 Month Online CD
0.25%	Savings	2.00% - Ally Bank Online Savings Account

View all LifeWay Credit Union rates »

Overview / Commentary

www.lifewaycu.org

800-833-6805

1 LifeWay Plaza Ste 20
Nashville, TN 37234-1003

LifeWay Credit Union is headquartered in Nashville and is the 60^th largest credit union in the state of Tennessee. It is also the 2,481^st largest credit union in the nation. It was established in 1954 and as of September of 2018, it had grown to 8 employees and 3,496 members at 1 location. LifeWay Credit Union's savings rates are 44% higher than the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to employees or retirees of Lifeway Christian Resources, Southern Baptist Ethics and Religious Liberty Commission, Southern Baptist Historical Library and Archives, Executive Committee of the Southern Baptist Convention, Southern Baptist Foundation of the Southern Baptist Convention, Seminary Extension,
See current membership details

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Health

B

Data as of Q3 2018

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. LifeWay Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #	68172
Year Chartered	1954
Employees	8
Primary Regulator

Profit Margin
Return on Assets - YTD	0.37%
Return on Equity - YTD	3.55%
Annual Interest Income	$1.0MM

Assets and Liabilities
Assets	Q3 2018vs Q3 2017	$43.5MM$44.2MM
Loans	Q3 2018vs Q3 2017	$23.9MM$23.6MM
Deposits	Q3 2018vs Q3 2017	$38.8MM$39.7MM
Equity Capital	Q3 2018vs Q3 2017	$4.6MM$4.4MM
Loan Loss Allowance	Q3 2018vs Q3 2017	$385.00K$721.00K
Unbacked Noncurrent Loans	Q3 2018vs Q3 2017	$163.00K$238.00K
Real Estate Owned	Q3 2018vs Q3 2017	$0$0

Rates

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Savings
CD
IRA

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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
0.75%^*	$100k^*	-	PlatinumPlus Share Savings
OTHER TIERS: 0.25% → Up to $10k \| 0.45% → $10k - $50k \| 0.60% → $50k - $100k
0.75%	-	-	IRA Share Savings
0.45%	$10k	-	Platinum Share Savings
0.25%	$25	-	Regular Share Savings
0.25%	-	-	Club Share Savings

LifeWay Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.96%	$1k	$100k	60 Month Share Certificate
1.76%	$1k	$100k	48 Month Share Certificate
1.61%	$1k	$100k	36 Month Share Certificate
1.51%	$1k	$100k	24 Month Share Certificate
1.30%	$1k	$100k	18 Month Share Certificate
1.25%	$1k	$100k	12 Month Share Certificate
0.65%	$1k	$100k	9 Month Share Certificate
0.60%	$1k	$100k	6 Month Share Certificate
0.30%	$1k	$100k	3 Month Share Certificate

LifeWay Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.96%	$1k	$100k	60 Month IRA Certificate
1.76%	$1k	$100k	48 Month IRA Certificate
1.61%	$1k	$100k	36 Month IRA Certificate
1.51%	$1k	$100k	24 Month IRA Certificate
1.30%	$1k	$100k	18 Month IRA Certificate
1.25%	$1k	$100k	12 Month IRA Certificate
0.65%	$1k	$100k	9 Month IRA Certificate
0.60%	$1k	$100k	6 Month IRA Certificate
0.30%	$1k	$100k	3 Month IRA Certificate

Locations

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

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