LIFEWAY

Headquarters

1 LifeWay Plz Ste 20
Nashville, TN 37234
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.05% 1.05% →
1-Year CD 0.95% 1.05% →
2-Year CD 1.11% 1.11% →
5-Year CD 1.56% 1.56% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Lifeway is an NCUA insured institution located in Nashville, TN. It was founded in 1954 and has approximately $43.19 millions in assets.

NCUA Insured Yes
Charter Number # # 68172
Date Established 1954
Assets $43.19 million
Loans $22.94 million
Deposits $38.37 million
Capital $4.70 million
 

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,

Deposit Rates - August 9, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.05% $2,500 $4,999 Learn More
Money Market
0.05% $2,500 $2,999 Learn More
Money Market
0.20% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.30% $10,000 $14,999 Learn More
3 Mo CD
0.30% $100,000 $199,999 Learn More
6 Mo CD
0.75% $10,000 $14,999 Learn More
6 Mo CD
0.75% $100,000 $199,999 Learn More
12 Mo CD
0.95% $10,000 $14,999 Learn More
12 Mo CD
0.95% $100,000 $199,999 Learn More
18 Mo CD
1.00% $10,000 $14,999 Learn More
18 Mo CD
1.00% $100,000 $199,999 Learn More
24 Mo CD
1.11% $10,000 $14,999 Learn More
24 Mo CD
1.11% $100,000 $199,999 Learn More
36 Mo CD
1.21% $10,000 $14,999 Learn More
36 Mo CD
1.21% $100,000 $199,999 Learn More
48 Mo CD
1.31% $10,000 $14,999 Learn More
48 Mo CD
1.31% $100,000 $199,999 Learn More
60 Mo CD
1.56% $10,000 $14,999 Learn More
60 Mo CD
1.56% $100,000 $199,999 Learn More

Loan Rates - August 9, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for LIFEWAY

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.914% 2.875% 0.50 $1,250 $1,038 Learn More
1Rate, Inc
NMLS ID: 1948084
License#: MC-7051
2.758% 2.690% 0.88 $2,244 $1,013 Learn More
Rocket Mortgage
NMLS ID: 3030
3.494% 3.375% 1.00 $3,750 $1,106 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

Note to LIFEWAY
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Lifeway branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Lifeway Locations


Financial Details

Lifeway Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Lifeway. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Lifeway U.S. Average
4.12% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, Lifeway had $197,627 in non-current loans and $0 in owned assets. To cover these potential losses it had $4,697,622 in net worth and $102,772 in loans loss reserves. That gives it a Texas Ratio of 4.12%.

Net Worth
Lifeway U.S. Average
10.87% 13.61%

Lifeway FCU has a net worth of 10.87% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Lifeway

Branches and Savings

What is Lifeway?

A federal credit union, registered with the NCUA under certificate #68172.
Learn more about credit unions here.

Is Lifeway FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Lifeway?

Please see Field of Membership information above for information on who is eligible to join.

What are Lifeway's share account and share certificate rates?

Lifeway's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Lifeway?

Lifeway has total capital of $4.70 million. Full information on Lifeway's financial position is located above.

Who owns Lifeway?

Credit Unions are owned by their members.

Where are Lifeway branches located?

See branch locations nearby.

Are Lifeway ATMs Open 24/7?

Do Lifeway ATMs accept cash deposits?

Can Lifeway customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Lifeway have a mobile app?

Does Lifeway have mobile deposit?

Does Lifeway have quick pay?

How can Lifeway transfer money to other banks or credit unions?

Does Lifeway report to credit bureaus?

Does Lifeway use Chexsystems?

Does Lifeway use Equifax?

What is Lifeway's toll free phone number?

What is Lifeway's ACH Routing Number?

What is Lifeway's SWIFT code?

Where can I find Lifeway's wire transfer form?

What is the Lifeway address for deposits?

What Products Does Lifeway Offer

Does Lifeway offer mortgages?

Compare mortgage rates here.

Does Lifeway offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Lifeway offer auto and RV loans?

Compare auto loan rates here.

Does Lifeway offer student loans or personal loans?

Compare personal loan rates here.

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