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 1,556^th largest credit union in the nation. It was established in 1954 and as of December of 2020, it had grown to 28 employees and 9,108 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

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Health

A+

Data as of Q4 2020

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Health Grade Components

Overall
NCUA #	9639
Year Chartered	1954
Employees	28
Primary Regulator

Profit Margin
Return on Assets - YTD	0.65%
Return on Equity - YTD	5.22%
Annual Interest Income	$3.4MM

Assets and Liabilities
Assets	Q4 2020vs Q4 2019	$125.1MM$111.7MM
Loans	Q4 2020vs Q4 2019	$51.8MM$51.0MM
Deposits	Q4 2020vs Q4 2019	$109.0MM$96.3MM
Equity Capital	Q4 2020vs Q4 2019	$15.2MM$14.3MM
Loan Loss Allowance	Q4 2020vs Q4 2019	$771.00K$698.00K
Unbacked Noncurrent Loans	Q4 2020vs Q4 2019	$41.00K$53.00K
Real Estate Owned	Q4 2020vs Q4 2019	$0$0

Rates

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Savings
Money Market
Checking
CD
IRA

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* 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
0.07%	-	-	Money Market Savings Account

F A A Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	-	-	High Dividend Checking

F A A Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$50k^*	-	60 Month Share Certificate
OTHER TIERS: 0.45% → $500 - $50k
0.43%^*	$50k^*	-	48 Month Share Certificate
OTHER TIERS: 0.38% → $500 - $50k
0.40%^*	$50k^*	-	36 Month Share Certificate
OTHER TIERS: 0.35% → $500 - $50k
0.36%^*	$50k^*	-	24 Month Share Certificate
OTHER TIERS: 0.33% → $500 - $50k
0.36%^*	$50k^*	-	30 Month Share Certificate
OTHER TIERS: 0.33% → $500 - $50k
0.28%^*	$50k^*	-	12 Month Share Certificate
OTHER TIERS: 0.25% → $500 - $50k
0.28%^*	$50k^*	-	18 Month Share Certificate
OTHER TIERS: 0.25% → $500 - $50k
0.21%^*	$50k^*	-	6 Month Share Certificate
OTHER TIERS: 0.18% → $500 - $50k
0.13%^*	$50k^*	-	3 Month Share Certificate
OTHER TIERS: 0.10% → $500 - $50k

F A A Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.50%^*	$50k^*	-	60 Month IRA Certificate
OTHER TIERS: 0.45% → $500 - $50k
0.43%^*	$50k^*	-	48 Month IRA Certificate
OTHER TIERS: 0.38% → $500 - $50k
0.40%^*	$50k^*	-	36 Month IRA Certificate
OTHER TIERS: 0.35% → $500 - $50k
0.36%^*	$50k^*	-	24 Month IRA Certificate
OTHER TIERS: 0.33% → $500 - $50k
0.36%^*	$50k^*	-	30 Month IRA Certificate
OTHER TIERS: 0.33% → $500 - $50k
0.28%^*	$50k^*	-	12 Month IRA Certificate
OTHER TIERS: 0.25% → $500 - $50k
0.28%^*	$50k^*	-	18 Month IRA Certificate
OTHER TIERS: 0.25% → $500 - $50k
0.21%^*	$50k^*	-	6 Month IRA Certificate
OTHER TIERS: 0.18% → $500 - $50k
0.13%^*	$50k^*	-	3 Month IRA Certificate
OTHER TIERS: 0.10% → $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

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