FedEx Employees Credit Association is headquartered in Memphis and is the 10th largest credit union in the state of Tennessee. It is also the 549th largest credit union in the nation. It was established in 1974 and as of June of 2019, it had grown to 130 employees and 88,700 members at 9 locations. FedEx Employees Credit Association's CD rates are 3X the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Membership is open to all FedEx Employees, FedEx Retirees, immediate family and household members
See current membership details
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 21751 |
| Year Chartered | 1974 |
| Employees | 130 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.71% |
| Return on Equity - YTD | 4.62% |
| Annual Interest Income | $8.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $527.8MM$486.0MM |
| Loans | Q2 2019vs Q2 2018 | $259.2MM$236.3MM |
| Deposits | Q2 2019vs Q2 2018 | $436.6MM$401.9MM |
| Equity Capital | Q2 2019vs Q2 2018 | $79.2MM$75.4MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $3.1MM$3.0MM |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $1.4MM$1.3MM |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$33.00K |
Always verify rates and promotions with the bank or credit union. We are not FedEx Employees Credit Association; 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.
FedEx Employees Credit Association Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.25% | $5 | - | Traditional IRA | ||
| 1.25% | $5 | - | Roth IRA | ||
| 0.75% | - | - | Coverdell ESA | ||
| 0.10%* | $3k* | - | Share Savings Account | ||
| OTHER TIERS: 0.03% → $500 - $1k | 0.08% → $1k - $3k | |||||
| 0.10% | - | - | Club Accounts | ||
FedEx Employees Credit Association Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.00%* | $100k* | - | Money Market Account | ||
| OTHER TIERS: 0.50% → $5k - $50k | 0.75% → $50k - $100k | |||||
FedEx Employees Credit Association Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.03% | - | - | Basic Checking | |
| 0.03% | - | - | Extras Checking |
FedEx Employees Credit Association CD Rates
| FedEx Employees Credit Association Locations | ||
|---|---|---|
| Branch Office | 3670 Hacks Cross Rd Building G | Memphis, TN 38125 |
| Branch Office | 2200 Forward Dr | Harrison, AR 72601-2004 |
| Branch Office | 6311 Airway Dr Ste 100 | Indianapolis, IN 46241-6400 |
| Branch Office | 1000 Fed Ex Dr | Moon Township, PA 15108-9373 |
| Branch Office | 50 Fed Ex Pkwy | Collierville, TN 38017-8711 |
| Branch Office | 8195 Dexter Rd | Cordova, TN 38016-0718 |
| Branch Office | 2333 Utah Ave | El Segundo, CA 90245 |
| Branch Office | 2731 Nonconnah Blvd | Memphis, TN 38132-2110 |
| Branch Office | 2421 Westport Pkwy Ste 1300 | Fort Worth, TX 76177-5311 |