Company Information

Get to know Life Credit Union

Founded in 1953 by seven employees of the Baptist Sunday School Board (now Lifeway Christian Resources), Life Credit Union is a not-for-profit financial cooperative owned and operated by its members. It has grown to serve over 25,000 members with more than $300 million in assets. The credit union's mission is to provide a comprehensive array of quality financial products and services, including savings and checking accounts, loans, and mortgages, to meet the evolving needs of its members while maintaining a sound financial position.

Industry

Financial BankingPRIMARY
Financial Other Service

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Life Credit Union

Ireland

Founded in

1968 (58 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.