Enrichment Federal Credit Union is headquartered in OAK RIDGE and is the 9th largest credit union in the state of Tennessee. It is also the 514th largest credit union in the nation. It was established in 1950 and as of March of 2022, it had grown to 113 employees and 48,772 members at 9 locations. Enrichment Federal Credit Union has an A health rating.
Field of Membership Restrictions
Enrichment Federal Credit Union membership is open to those who live, work, attend school, or worship in the Tennessee counties of Anderson, Blount, Claiborne, Knox, Loudon, Roane, Scott, or Union.
See current membership details
Excellent Member Service
The employees of Enrichment have always gone above and beyond any expected service that I may have needed over the years. As a member who now lives out of state, I may have some issues from time to time arise, and they are always ready to help me when I ask, whether it be a need to explain a transaction or something as simple as resetting my online banking. I highly recommend EFCU!
Would Not Recommend. The CEO Is Abusive
Would not recommend. The CEO is abusive and uncaring.
Data as of Q1 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6778 |
| Year Chartered | 1950 |
| Employees | 113 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.16% |
| Return on Equity - YTD | 1.82% |
| Annual Interest Income | $4.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2022vs Q1 2021 | $789.2MM$701.5MM |
| Loans | Q1 2022vs Q1 2021 | $508.1MM$512.8MM |
| Deposits | Q1 2022vs Q1 2021 | $717.1MM$633.0MM |
| Equity Capital | Q1 2022vs Q1 2021 | $69.1MM$63.9MM |
| Loan Loss Allowance | Q1 2022vs Q1 2021 | $455.00K$961.00K |
| Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $2.5MM$135.00K |
| Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |