Credit union · NCUA insured
LGWFCU
Top CarrotA $116.2M credit union headquartered in Memphis, TN, with 5,707 members and 1 branch in Tennessee. Best rates: CDs 3.75% and savings 1.00% APY.
LGWFCU Carrot Score
Carrot ScoreTop Carrot
Higher than 99% of U.S. banks and credit unions
#1 of 36 in Memphis, TN-MS-AR metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About LGWFCU
LG&W Federal Credit Union is headquartered in Memphis, Tennessee.
- Headquarters
- 1616 Whitten Rd, Memphis, TN 38134
- NCUA charter
- 3796
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Memphis Light, Gas & Water employees are eligible to join LGWFCU.
- Memphis Light, Gas & Water retirees are eligible to join LGWFCU.
Family and household
- Immediate family members (spouse, child, sibling, parent, grandparent, grandchild, stepparent, stepchild, stepsibling, and adoptive relationships) of Memphis Light, Gas & Water employees and retirees are eligible to join LGWFCU.
Branches
1 branch in Tennessee
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Tennessee
1 branch
- L G & W FcuMain office1616 Whitten Rd, Memphis, TN 38134Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 21.71% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.32% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.32% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $35 | $76 | — |
- CapitalNet worth ratio21.71%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.32%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.32%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$35Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of LGWFCU are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.