L G & W Credit Union Profile

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L G & W

Charter #3796 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (901) 680-7995

Fax: (901) 680-7998

Founding Date: N/A

Website: https://www.lgwfcu.com

Personnel & Operations

President: Carvin, Jane

Manager: Veazey, Diana

FT Employees: 13

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 23

Branches: 1

Hours: M-F, 8:00 - 4:30 P.M.

Credit Union Profile Summary

L G & W is a FCU Credit Union. With a total of 5,723 members [1], this institution manages approximately $111,287,037 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 21.61% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -2.53% [1].

Financial Snapshot

Total Assets [1]
$111,287,037

Total economic resources.

Total Loans [1]
$32,614,803

Total value of outstanding loans.

Total Deposits [1]
$88,388,195

Total funds deposited by members.

Members [1]
5,723

Number of active members.

Performance Ratios

Net Worth Ratio [1]
21.61%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.36%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
36.90%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 0.45%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↓ -2.53%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↑ 3.19%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1616 WHITTEN RD

MEMPHIS, TN, 38134
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 2 branches reported by L G & W (Charter #3796).

Main Office

L G & W FCU Main Office

Type: Corporate Office

1616 Whitten Rd

Memphis, TN 38134

Phone: (901) 680-7995

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Memphis

Computers and Networks

Type: Corporate Office

4005 S Mendenhall Rd

Memphis, TN 38115

Phone: (901) 365-1362

Services: None specified

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