Credit Union Safety Analysis
Is L G & W Federal Credit Union Safe? Memphis, Tennessee
Based on its Q2 2026 NCUA 5300 call report, L G & W Federal Credit Union has a net worth ratio of 21.71%, at the NCUA level for well capitalized, its 60-day delinquency ratio is 0.32%, and its shares are NCUA insured up to $250,000 per member.
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Short answer
On its Q2 2026 NCUA 5300 call report, L G & W Federal Credit Union's net worth ratio is 21.71%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 21.71%
- Delinquency ratio (60+ days) (Q2 2026): 0.32%
- Return on assets (Q2 2026): 1.17%
- Loan-to-share ratio (Q2 2026): 34.95%
L G & W Federal Credit Union (NCUA charter 3796, established 1940) reported $115.1M in assets and 5,714 members for Q2 2026 from Memphis, Tennessee. It ranks 40 of 123 credit unions in Tennessee by total assets. Total assets grew 3.5% from $111.3M on June 30, 2025. It has 9 fewer members than on June 30, 2025 (-0.2%). Its net worth ratio was up 0.10 percentage points from 21.61% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $8.7M of $31.8M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.32% is below the 0.68% median of the 1,338 credit unions with $100M to $1B in assets for Q2 2026.
Data as of · sourced from NCUA 5300 call reports. How we update
Scorecard by dimension
Median of the 1,341 credit unions with $100M to $1B in assets: 11.43%; middle half of peers: 9.81% to 13.58%.
Earlier filings: 21.22% for Q1 2026; 21.61% for Q2 2025.
Median of the 1,338 credit unions with $100M to $1B in assets: 0.68%; middle half of peers: 0.39% to 1.12%.
Earlier filings: 0.48% for Q1 2026; 0.49% for Q2 2025.
Median of the 1,338 credit unions with $100M to $1B in assets: 0.81%; middle half of peers: 0.43% to 1.23%.
Earlier filings: 1.42% for Q1 2026; 1.30% for Q2 2025.
Median of the 1,341 credit unions with $100M to $1B in assets: 75.66%; middle half of peers: 62.05% to 86.41%.
Earlier filings: 34.98% for Q1 2026; 36.90% for Q2 2025.
Loans by type, Q2 2026
- 1- to 4-family residential and other consumer real estate loans: $8.7M
- Used vehicle loans: $8.3M
- Other unsecured loans and lines of credit: $7.0M
- New vehicle loans: $3.9M
- Unsecured credit card loans: $2.7M
- Other secured non-real estate loans and lines of credit: $856K
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $115.1M | 21.71% | 0.32% | 1.17% | 34.95% |
| March 31, 2026 | $116.2M | 21.22% | 0.48% | 1.42% | 34.98% |
| December 31, 2025 | $112.5M | 21.56% | 0.33% | -0.66% | 37.31% |
| September 30, 2025 | $111.3M | 21.94% | 0.33% | 1.38% | 37.27% |
| June 30, 2025 | $111.3M | 21.61% | 0.49% | 1.30% | 36.90% |
| March 31, 2025 | $112.2M | 21.11% | 0.69% | 1.37% | 36.40% |
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How we score this
Net worth ratio: NCUA well capitalized at 7%, adequately at 6%. Our bands, pass to fail: delinquency 1% to 2%, ROA 0.5% to 0%, loan-to-share 85% to 100%. Not a credit rating. Methodology.
L G & W Federal Credit Union profile
Regulator records: NCUA credit union profile (charter 3796) · FFIEC NIC profile (RSSD 424576)
Frequently asked questions
Is L G & W Federal Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, L G & W Federal Credit Union's net worth ratio is 21.71%, above the 7% NCUA threshold for well capitalized.
Is L G & W Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. L G & W Federal Credit Union is a federally insured credit union (NCUA charter 3796): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are L G & W Federal Credit Union's key safety ratios?
For Q2 2026, L G & W Federal Credit Union reports net worth 21.71%, delinquency 0.32%, ROA 1.17%, loan-to-share 34.95%.
What happens to my money if L G & W Federal Credit Union fails?
For Q2 2026, L G & W Federal Credit Union held $91.0M in shares and deposits for 5,714 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.