F A A Federal Credit Union

Overview / Commentary

www.faafcu.org

901-757-7999

3920 Whitebrook Dr
Memphis, TN 38118

F A A Federal Credit Union is headquartered in Memphis and is the 32^nd largest credit union in the state of Tennessee. It is also the 1,552^nd largest credit union in the nation. It was established in 1954 and as of June of 2021, it had grown to 26 employees and 9,039 members at 8 locations. F A A Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Must be an employee of Federal Aviation Administration or several other companies.
See current membership details

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

A+

Data as of Q2 2021

Learn why bank health matters

Health Grade Components

Overall
NCUA #	9639
Year Chartered	1954
Employees	26
Primary Regulator

Profit Margin
Return on Assets - YTD	0.44%
Return on Equity - YTD	3.82%
Annual Interest Income	$1.4MM

Assets and Liabilities
Assets	Q2 2021vs Q2 2020	$133.7MM$120.2MM
Loans	Q2 2021vs Q2 2020	$51.9MM$51.9MM
Deposits	Q2 2021vs Q2 2020	$117.6MM$104.3MM
Equity Capital	Q2 2021vs Q2 2020	$15.3MM$14.8MM
Loan Loss Allowance	Q2 2021vs Q2 2020	$807.00K$746.00K
Unbacked Noncurrent Loans	Q2 2021vs Q2 2020	$62.00K$33.00K
Real Estate Owned	Q2 2021vs Q2 2020	$0$0

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not F A A Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

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

F A A Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.25%	-	-	IRA Share Account
0.15%^*	-	$10k	Holiday Club Account
OTHER TIERS: 0.02% → $10k+
0.02%	-	-	Member Savings Account

F A A Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	-	-	Money Market Savings Account

F A A Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.04%	-	-	High Dividend Checking

F A A Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.45%^*	$50k^*	-	60 Month Share Certificate
OTHER TIERS: 0.40% → $500 - $50k
0.40%^*	$50k^*	-	48 Month Share Certificate
OTHER TIERS: 0.35% → $500 - $50k
0.35%^*	$50k^*	-	36 Month Share Certificate
OTHER TIERS: 0.30% → $500 - $50k
0.31%^*	$50k^*	-	30 Month Share Certificate
OTHER TIERS: 0.28% → $500 - $50k
0.28%^*	$50k^*	-	24 Month Share Certificate
OTHER TIERS: 0.26% → $500 - $50k
0.26%^*	$50k^*	-	18 Month Share Certificate
OTHER TIERS: 0.23% → $500 - $50k
0.24%^*	$50k^*	-	12 Month Share Certificate
OTHER TIERS: 0.21% → $500 - $50k
0.19%^*	$50k^*	-	6 Month Share Certificate
OTHER TIERS: 0.16% → $500 - $50k
0.10%^*	$50k^*	-	3 Month Share Certificate
OTHER TIERS: 0.07% → $500 - $50k

F A A Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.45%^*	$50k^*	-	60 Month IRA Certificate
OTHER TIERS: 0.40% → $500 - $50k
0.40%^*	$50k^*	-	48 Month IRA Certificate
OTHER TIERS: 0.35% → $500 - $50k
0.35%^*	$50k^*	-	36 Month IRA Certificate
OTHER TIERS: 0.30% → $500 - $50k
0.31%^*	$50k^*	-	30 Month IRA Certificate
OTHER TIERS: 0.28% → $500 - $50k
0.28%^*	$50k^*	-	24 Month IRA Certificate
OTHER TIERS: 0.26% → $500 - $50k
0.26%^*	$50k^*	-	18 Month IRA Certificate
OTHER TIERS: 0.23% → $500 - $50k
0.24%^*	$50k^*	-	12 Month IRA Certificate
OTHER TIERS: 0.21% → $500 - $50k
0.19%^*	$50k^*	-	6 Month IRA Certificate
OTHER TIERS: 0.16% → $500 - $50k
0.10%^*	$50k^*	-	3 Month IRA Certificate
OTHER TIERS: 0.07% → $500 - $50k

Locations

F A A Federal Credit Union Locations
Branch Office	3920 Whitebrook Dr	Memphis, TN 38118-3717
Branch Office	7974 Centennial Dr	Memphis, TN 38125-2376
Branch Office	8082 Rockcreek Cv	Cordova, TN 38016
Branch Office	3229 Democrat Rd	Memphis, TN 38118
Branch Office	16600 John F Kennedy Blvd	Houston, TX 77032-6514
Branch Office	3182 Tupelo Cmns	Tupelo, MS 38804-9513
Branch Office	1804 S Green St	Tupelo, MS 38804-6504
Branch Office	5424 Highway 145.	Verona, MS 38879

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.