Ascend Federal Credit Union


Overview / Commentary
800-342-3086
520 Airpark Dr
Tullahoma, TN 37388

Ascend Federal Credit Union is headquartered in Tullahoma and is the 3rd largest credit union in the state of Tennessee. It is also the 101st largest credit union in the nation. It was established in 1951 and as of September of 2024, it had grown to 631 employees and 246,410 members at 31 locations. Ascend Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership in Ascend Federal Credit Union is open to anyone through a membership in The Tennessee Nature Conservancy ($25 one-time contribution). Membership is also open to those who live in a 25-mile radius of an Ascend branch and join the 50plus Club ($10 membership fee), and to employees, volunteers, or church members of one of the over 200 Select Employer Groups.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
NCUA #7397
Year Chartered1951
Employees631
Primary Regulator
Profit Margin
Return on Assets - YTD0.88%
Return on Equity - YTD7.45%
Annual Interest Income$157.8MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$4.39B$4.24B
LoansQ3 2024vs Q3 2023$3.13B$2.93B
DepositsQ3 2024vs Q3 2023$3.5B$3.45B
Equity CapitalQ3 2024vs Q3 2023$514.6MM$413.1MM
Loan Loss AllowanceQ3 2024vs Q3 2023$21.6MM$12.1MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$12.1MM$7.4MM
Real Estate OwnedQ3 2024vs Q3 2023$638K$0
Rates

Rates for Ascend Federal Credit Union are currently being reviewed.

Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.