L G & W Credit Union Memphis TN | Best Auto Loans & Business Banking

Introduction

Welcome to L G & W, your trusted credit union located at 1616 Whitten Rd, Memphis, TN 38134. Since our establishment in 1940, we have been dedicated to serving our community and providing our members with financial stability and growth. With a total membership of over 5,600 individuals, we are proud to be a cornerstone of financial support in the Memphis area. At L G & W, we understand that financial choices can be overwhelming. That's why we offer a variety of services tailored to meet your needs from personal banking solutions like checking and savings accounts to vehicle financing and mortgage loans. With total assets of over $110 million and deposits amounting to $12,761,901, our strong financial foundation allows us to support you every step of the way. Our commitment to our members is reflected in our leadership. Under the guidance of CEO Diana Veazey and Board President Stephen Poston, we focus on providing exceptional service with a personal touch. Our team of 13 dedicated employees is here to assist you with any questions or concerns you might have. While members can visit us at our branch location, official correspondence should be sent to the same address: 1616 Whitten Rd, Memphis, TN 38134. We invite you to explore our website at lgwfcu.com for more information on how we can help you achieve your financial goals. Whether you're looking for a loan or want to open an account, feel free to reach out by phone at 901-680-7995 during our operating hours from Monday through Friday, 8:00 AM to 4:30 PM. Join us today and experience the difference that comes from being part of a member-focused credit union!

Branch History & Mission

Community Commitment

L G & W's mission revolves around empowering individuals and fostering strong communities. We believe that when our members thrive financially, the entire community benefits. This commitment drives us to engage in various outreach initiatives aimed at enhancing financial literacy and promoting responsible banking practices. While members can visit us at our branch location for personalized service during our operating hours Monday through Friday from 8:00 AM to 4:30 PM official correspondence should be sent to the same address for consistency.

Looking Ahead

Our dedication to innovation means that we're always exploring new ways to serve you better. With features like mobile payments and electronic signatures available to our members, we ensure that your banking experience is efficient and user-friendly. Join us today at L G & W! Experience firsthand how we can help you achieve your financial goals while being part of a supportive community network. Visit us online at www.lgwfcu.com or call us at 901-680-7995 for more information on membership eligibility or to open an account. Let's build a brighter future together!

Our Story

From our humble beginnings in the heart of Memphis, L G & W has evolved into a trusted partner for families and businesses alike. Over the decades, we have introduced various services tailored to meet the changing demands of our community from personal banking solutions like checking and savings accounts to specialized auto loans and mortgages. Our mission is not just about providing financial services; it's about uplifting our community through education and support. As we grew, so did our offerings. Today, we provide a full suite of services including personal loans, credit cards with rewards, business banking solutions, online and mobile banking capabilities, and ATM access. We also offer basic drive-thru banking for added convenience.

Branch Location & Accessibility

Connect With Us

If you have any questions or need assistance, don't hesitate to reach out! Call us at (901) 680-7995 or visit us during business hours. We look forward to welcoming you at L G & W and helping you achieve your financial goals!

Nearby Landmarks and Accessibility

Situated near popular local spots, our branch is easy to find. You can easily access us while running errands or after visiting nearby attractions. We strive to ensure that all members feel welcome and comfortable. Our location is equipped with ADA-compliant features, including ramps for easy entry, making it accessible for everyone.

Parking and Banking Hours

We understand the importance of convenience, which is why we offer ample parking right outside our branch. You can visit us during our operating hours from Monday to Friday, 8:00 AM to 4:30 PM. Whether you're stopping by for a quick transaction or need assistance with your accounts, our friendly team is ready to help.

Services Offered

At L G & W, we pride ourselves on offering a variety of services tailored to meet your needs. From personal banking options like checking and savings accounts to auto loans, mortgages, and credit cards with rewards, we've got you covered. Need cash? Our ATM is available for quick withdrawals and balance checks. Plus, enjoy the convenience of drive-thru banking for basic transactions without leaving your vehicle.

Member Eligibility

At L G & W, we believe that becoming a member is like joining a welcoming family that supports your financial journey. If you live, work, or worship in the Memphis area, you're likely eligible to join us! We aim to provide our members with exceptional services and products that help them thrive. Whether you're looking for personal banking, auto loans, or convenient online banking options, we're here for you. To explore all the specific eligibility criteria in detail, feel free to visit our website at https://www.lgwfcu.com/membership.html . Getting started is easy! Simply reach out to us at (901) 680-7995 or visit us at our branch located at 1616 Whitten Rd Memphis Tn 38134. Our friendly staff is ready to assist you every step of the way as you open your account and start enjoying the benefits of membership with L G & W. For more information on how to open an account, check out https://gateway.fundsxpress.com/lgwmtn/disclosures.htm . We can't wait to welcome you into our community!

Business Banking & Commercial Services

Financing That Fuels Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Practical Merchant Services

In addition to loans, we offer essential merchant services designed to streamline your transactions. Imagine having a reliable partner that not only processes payments seamlessly but also enhances customer satisfaction. Our services empower you to focus on what you do best growing your business. Visit us at 1616 Whitten Rd Memphis Tn 38134, Memphis, TN, or give us a call at (901) 680-7995 to discover how we can support your business journey today!

Comprehensive List Of Services

Business Banking Services

For entrepreneurs and small business owners, we offer tailored support through our Business Banking services. This includes merchant services that facilitate transactions and business loans designed to help your enterprise grow.

Convenient Access Anytime, Anywhere

In today's fast-paced world, convenience is key. At L G & W, we prioritize ease of access with features like ATM & Cash Withdrawal Services available at various locations, along with basic drive-thru banking for deposits and withdrawals. Our commitment to digital banking means you can manage your finances anytime through our user-friendly mobile app or online platform. Whether you're visiting us in person or accessing your accounts online, we're here to ensure that your banking experience is straightforward and efficient.

Credit Cards with Benefits

We also believe in rewarding our members for their loyalty. Our Credit Cards with Rewards program allows you to earn points on purchases that can be redeemed for various benefits, making every dollar spent work harder for you.

Get in Touch Today!

Ready to explore all that L G & W has to offer? Visit us at 1616 Whitten Rd Memphis Tn 38134, call us at (901) 680-7995, or check out our website at L G & W Fcu for more information on how we can serve you better. We look forward to being part of your financial journey!

Loans Made Easy

When it comes to financing, L G & W offers several loan options designed to meet your needs. If you're in the market for a new vehicle, our Auto Loans & Vehicle Financing can help you get behind the wheel without breaking the bank. For homebuyers, we provide Mortgage Loans & Refinancing options that can make owning a home more attainable. And if unexpected expenses arise, our Personal Loans & Debt Consolidation solutions can offer quick relief.

Personal Banking Solutions

For those looking to manage day-to-day finances, our Personal Banking options include checking and savings accounts that fit your lifestyle. Whether you're saving for a vacation or need a reliable account for everyday expenses, we've got you covered. Our goal is to make banking accessible, so you can easily deposit checks or check your balance using our online and mobile banking services.

Digital & Online Banking

Convenient Online Access

Explore all our online banking features at https://www.lgwfcu.com/ . Whether you need to check your account balance, transfer funds, or pay bills, our 24/7 online banking services put everything at your fingertips. You can stay connected to your money whenever it suits you.

Enhanced Security Features

Your security is our top priority. We utilize advanced security measures for all online transactions, ensuring that your personal information remains safe. Plus, with electronic signature authorization available, signing documents has never been easier or more secure.

Go Paperless with E-Statements

Say goodbye to piles of paperwork! With e-statements available at L G & W, you can access your financial statements electronically. This not only helps the environment but also keeps your information organized and easy to find.

Make Payments on the Go

Our mobile application makes banking even more convenient. Use it to make mobile payments effortlessly; whether you're shopping in-store or online, just a few taps on your smartphone do the trick. Plus, you can easily send money to friends or family through our person-to-person transfer feature no cash needed! In today's fast-paced world, having control over your finances is crucial. At L G & W, we are committed to providing accessible and efficient digital banking solutions so you can manage your accounts with ease. Experience the future of banking today!

Financial Strength

A Solid Foundation

With a net worth of $23,235,054, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid foundation is reflected in our net worth ratio of $2,095, which ensures we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Growing Together

We're also pleased to report that we have a strong member base with a total of 10,132 share accounts. This shows the trust our community has placed in us as their financial partner. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, L G & W is your trusted partner. Visit us at 1616 Whitten Rd Memphis Tn 38134 or call (901) 680-7995 to learn more about how we can help you achieve your financial goals.

Member Savings Securely Managed

Your savings are in good hands. We have secured $16,927,524 in share certificates and $17,239,021 in money market shares, offering stable and rewarding growth opportunities for our members. Unlike traditional banks, we prioritize our members' needs over non-member deposits; with $0 ensuring that our resources focus on benefiting you through better loan rates and exclusive perks.

Operational Efficiency

Our performance is also evident in our $1,034,429, which reflects our operational efficiency. This allows us to continue offering competitive loan rates and solid financial products for all our members. We proudly employ 13 full-time employees who are dedicated to serving you, along with 0 part-time staff ensuring that your needs are met promptly.

Reinvestment for Your Benefit

Our commitment to you includes $22,200,625 in undivided earnings, which we reinvest into innovative banking tools, stronger lending options, and enhanced security measures to serve you better. With $386 in used auto loans and a total of $33,674,352 available for various lending needs, we're here to support your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $8,905,355 in used vehicle loans and $4,535,995 in new vehicle loans already helping members get on the road. Whether it's financing for a new model or a reliable used vehicle, we provide flexible terms that make it easier for you to drive away happy.

Credit Lines

In addition to these popular loan types, we provide credit lines totaling $8,000,000, giving you the financial flexibility you need for unexpected expenses or planned purchases. If you're interested in refinancing any existing loans or would like to explore eligibility options, our knowledgeable staff is here to assist. We encourage you to reach out at (901) 680-7995 during our operating hours from Monday to Friday, 8:00 AM - 4:30 PM. At L G & W, we're committed to making your borrowing experience straightforward and beneficial. For more information on our loan offerings or to start your application today, please visit us online at https://www.lgwfcu.com/ . Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $1,262,960, make buying or refinancing simple. We aim to guide you through each step of the process so that you can feel confident in your investment.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $2,627,960 in loans helping members manage their finances effectively. Our credit cards are designed with your convenience in mind, offering rewards and manageable repayment options.

Loan Aggregator

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Ensuring Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This commitment ensures that you receive fair and transparent offers tailored to your needs.

L G & W FEDERAL CREDIT UNION