Employee Resources Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.06%	1-year CD	1 Year CD 1.50% - Ally Bank No Penalty 11-Month CD
0.30%	Savings	Regular Share Account 1.30% - Synchrony Bank High Yield Savings
1.21%	2-year CD	2 Year CD 1.50% - Ally Bank Raise Your Rate 2-Year CD

View all Employee Resources Credit Union rates »

Overview / Commentary

www.ercu.org

931-766-9288

2135 N Locust Ave.
Lawrenceburg, TN 38464

Employee Resources Credit Union is headquartered in LAWRENCEBURG and is the 37^th largest credit union in the state of Tennessee. It is also the 1,731^st largest credit union in the nation. It was established in 1964 and as of June of 2017, it had grown to 40 employees and 14,687 members at 3 locations. Employee Resources Credit Union's CD rates are 18% higher than 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.
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Health

B

Data as of Q2 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Employee Resources Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	67789
Year Chartered	1964
Employees	40
Primary Regulator

Profit Margin
Return on Assets - YTD	0.3%
Return on Equity - YTD	3.7%
Annual Interest Income	$1.9MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$87.7MM$82.7MM
Loans	Q2 2017vs Q2 2016	$63.1MM$63.0MM
Deposits	Q2 2017vs Q2 2016	$80.4MM$75.4MM
Equity Capital	Q2 2017vs Q2 2016	$7.1MM$6.8MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$942.00K$898.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$1.5MM$1.4MM
Real Estate Owned	Q2 2017vs Q2 2016	$65.00K$0

Rates

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CD

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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
1.21%	$5k	-	2 Year CD
1.06%	$5k	-	1 Year CD
0.75%	$5k	-	182 Day CD
0.50%	$500	-	90 Day Investment Account

Locations

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