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Overview / Commentary
7845 US Highway 64
Memphis, TN 38133-4007

Orion FCU is headquartered in Memphis and is the 7th largest credit union in the state of Tennessee. It is also the 410st largest credit union in the nation. It was established in 1957 and as of March of 2014, it had grown to 135 employees and 56,174 members. Orion FCU has a B+ health rating.

Field of Membership Restrictions

We serve members from all over greater Memphis, including the following counties in: TENNESSEE; Shelby, Fayette, Tipton. MISSISSIPPI: Desoto, Marshall. ARKANSAS: Crittenden, Mississippi. - See Details

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Orion FCU had $6.71 million in non-current loans and owned real-estate with $65.04 million in equity and loan loss allowances on hand to cover it. This gives Orion FCU a Texas Ratio of 10.32% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Orion FCU decreased slightly from 11.94% as of March 31, 2013 to 10.32% as of March 31, 2014, resulting in a positive change of 13.59%.This indicates that the balance sheet and financial strength for Orion FCU has improved slightly in recent periods.

Deposit Growth


In the past year, Orion FCU has increased its total deposits by $11.09 million, resulting in 2.35% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Orion FCU has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Orion FCU has $545.95 million in assets with $65.04 million in equity, resulting in a capitalization level of 11.91%, which is excellent.

Institution Statistics

NCUA #24831
Year Chartered1957
Primary Regulator
Assets and Liabilities
Assets$545.95 million
Loans$257.82 million
Deposits$482.88 million
Equity Capital$58.93 million
Loan Loss Allowance$6.12 million
Unbacked Noncurrent Loans$6.15 million
Real Estate Owned$568,000
Historic Data - March 2013
Assets$538.97 million
Equity Capital$57.94 million
Loan Loss Allowance$7.49 million
Unbacked Noncurrent Loans$6.15 million
Real Estate Owned$739,000
Profit Margin - Quarterly
Net Interest Margin0.83%
Return on Assets0.51%
Return on Equity4.72%
Interest Income$2.90 million

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Orion FCU Savings Account Rates

0.25%--IRA Savings Account
0.25%--Roth IRA Savings
0.25%--Coverdell Education Savings Account
0.05%--Primary Share Account
0.05%--Summer Savings Account
0.05%--Christmas Club Account
0.05%--Misc. Share Account

Orion FCU Money Market Rates

0.25%$100k-Money Market

Orion FCU Checking Account Rates

0.05%$1k-Premium Checking

Orion FCU CD Rates

0.90%$500-60 Month CD
0.70%$500-48 Month CD
0.60%$500-36 Month CD
0.50%$500-24 Month CD
0.40%$500-12 Month CD
0.25%$500-6 Month CD

Orion FCU IRA Rates

0.90%$500-60 Month IRA CD
0.60%$500-36 Month IRA CD
0.50%$500-24 Month IRA CD
0.40%$500-12 Month IRA CD

Orion FCU Locations
Branch Office3118 Covington PikeMemphis, TN 38128-5016
Branch Office7845 US Highway 64Memphis, TN 38133-4007
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Branch Office7845 US Highway 64Memphis, TN 38133-4007