Ascend Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
2.27%	5-year CD	60 Month Share Certificate 2.25% - Ally Bank High Yield 5 Year CD
1.76%	3-year CD	36 Month Share Certificate 1.60% - Ally Bank High Yield 3 Year CD
1.21%	18-month CD	15 Month Member's Advantage Share Certificate 1.45% - Synchrony Bank 18 Month CD

View all Ascend Federal Credit Union rates »

Overview / Commentary

www.ascendfcu.org

800-342-3086

520 Airpark Dr
Tullahoma, TN 37388

Ascend Federal Credit Union is headquartered in Tullahoma and is the 2^nd largest credit union in the state of Tennessee. It is also the 112^th largest credit union in the nation. It was established in 1951 and as of June of 2017, it had grown to 433 employees and 174,212 members at 25 locations. Ascend Federal Credit Union's money market rates are 93% higher than the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership in Ascend Federal Credit Union is open to anyone through a membership in The Nature Conservancy ($25 one-time contribution). Membership is also open to select underserved areas, including all of Franklin County and select areas of utherford, Davidson, Maury and Marshall counties, through employment with a select employer group member or through a family member.
See current membership details

A Satisfied Member

Posted by: David Bailey | Oct 17, 2016

After using banks for years, I began using Ascend when my income plummeted in 2008. Banks required a $50 deposit to open an account; Ascend only asked for $5. As for fees, they are more economical than the banks I formerly used. And their customer service has always been excellent regardless of the status of my accounts.
Continue growing and improving. I'm a member for life.

Comment

2

good cu

Posted by: sput | Apr 24, 2014

Great website. Easy to pay bills. Good customer service. That's good enough for me.

Comment

3

Mediocre Bank

Posted by: Jhnjy | Dec 1, 2012

I have been a member of Ascend FCU for 10+ years before they changed their name to Ascend. Over the past couple of years things have been changing. Their customer service is getting worse and they started to charge a monthly fee for checking accounts. I have since changed banks but Ascend used to be a good bank but not any longer.

Comment

3

Health

A+

Data as of Q2 2017

Learn why bank health matters

Health Grade Components

Overall
NCUA #	7397
Year Chartered	1951
Employees	433
Primary Regulator

Profit Margin
Return on Assets - YTD	1.12%
Return on Equity - YTD	6.46%
Annual Interest Income	$32.4MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$2.07B$1.93B
Loans	Q2 2017vs Q2 2016	$1.44B$1.19B
Deposits	Q2 2017vs Q2 2016	$1.69B$1.57B
Equity Capital	Q2 2017vs Q2 2016	$356.3MM$336.2MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$6.7MM$4.9MM
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$5.6MM$3.5MM
Real Estate Owned	Q2 2017vs Q2 2016	$641.00K$505.00K

Rates

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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.