Enrichment Federal Credit Union is headquartered in OAK RIDGE and is the 10th largest credit union in the state of Tennessee. It is also the 553rd largest credit union in the nation. It was established in 1950 and as of June of 2020, it had grown to 119 employees and 45,613 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 Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6778 |
| Year Chartered | 1950 |
| Employees | 119 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.69% |
| Return on Equity - YTD | 6.82% |
| Annual Interest Income | $9.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $604.6MM$510.5MM |
| Loans | Q2 2020vs Q2 2019 | $456.3MM$415.0MM |
| Deposits | Q2 2020vs Q2 2019 | $542.5MM$452.4MM |
| Equity Capital | Q2 2020vs Q2 2019 | $58.0MM$53.2MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $973.00K$596.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $331.00K$712.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $50.00K$196.00K |