Employee Resources Credit Union is headquartered in LAWRENCEBURG and is the 38th largest credit union in the state of Tennessee. It is also the 1,741st largest credit union in the nation. It was established in 1964 and as of June of 2019, it had grown to 39 employees and 16,463 members at 3 locations. Employee Resources Credit Union's CD rates are 3X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Employees Resources Credit Union of Tennessee is open to the residents, church members, registered students, and people maintaining employment in these eligible counties: Lawrence, Giles, Wayne, and Henderson.
See current membership details
Bad Customer Service
They only check their mail once a month, so expect constant late fees. They won't get with the times, so no way to pay online on their website or over the phone.
If you're struggling and get behind, they won't work with you. They just hire a lawyer and threaten to send you to jail.
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67789 |
| Year Chartered | 1964 |
| Employees | 39 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.69% |
| Return on Equity - YTD | 8.3% |
| Annual Interest Income | $2.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $88.6MM$86.1MM |
| Loans | Q2 2019vs Q2 2018 | $67.2MM$61.9MM |
| Deposits | Q2 2019vs Q2 2018 | $80.3MM$78.6MM |
| Equity Capital | Q2 2019vs Q2 2018 | $7.4MM$6.9MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $1.0MM$1.1MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $551.00K$678.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Employee Resources Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Employee Resources Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | - | - | Regular Share Account | |
| 0.30% | - | - | Christmas Club Account |
Employee Resources Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.83% | $5k | - | 2 Year CD | |
| 2.57% | $5k | - | 18 Month CD | |
| 2.42% | $5k | - | 1 Year CD | |
| 1.61% | $5k | - | 182 Day CD | |
| 0.50% | $500 | - | 90 Day Investment Account |
| Employee Resources Credit Union Locations | ||
|---|---|---|
| Branch Office | 1700 W College St | Pulaski, TN 38478-5213 |
| Branch Office | 321 Dexter L Woods Memorial Blvd Ste A | WAYNESBORO, TN 38485-2418 |
| Branch Office | 330 W Church St | Lexington, TN 38351-2018 |