At Y-12, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We want to assure you that your financial well-being is our top priority. With a
net worth of $246,972,129, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This robust net worth reflects our commitment to sound financial practices and member satisfaction. Our
net worth ratio of $1,149 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. This ratio is essential as it indicates our ability to manage risks effectively while serving your needs. Members' savings are secured through
$482,217,692 in share certificates and
$276,519,567 in money market shares, offering stable and rewarding financial growth opportunities. These accounts are designed to help you grow your savings securely while providing you with access to funds when you need them. Unlike traditional banks, we prioritize our members. With non-member deposits at
$30,919,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks tailored just for our members. With
$223,473,017 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This approach helps us adapt to the evolving needs of our community while enhancing the overall member experience. Our lending capacity supports members' financial goals across various sectors with
$20,577 in used auto loans and
$1,702,214,799 in total loans and leases. We understand the importance of accessible financing for achieving your dreams, whether it's buying a new car or managing personal expenses. Our operational efficiency is reflected in our
$20,855,359, which enables us to continue offering competitive loan rates and solid financial products for our members. This income allows us to invest back into services that matter most to you. We also take pride in having
359 full-time employees and
0 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Our staff is dedicated to helping you navigate your financial journey smoothly. Net Shares (Funds available for lending and investments):
$1,141,107. This figure showcases our ability to provide loans while maintaining a healthy balance sheet, giving you peace of mind when banking with us. Total Share and Deposit Accounts:
236,372, showing a strong and growing member base that trusts us with their finances. Your confidence fuels our mission of delivering exceptional service. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Y-12 is your trusted partner. Visit us at 624 W Lamar Alexander Pkwy Maryville Tn 37801 or call (865) 482-1043 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at:
https://www.ncua.gov, based on the latest results.
