I Trust Federal Credit Union
Overview / Commentary
I Trust Federal Credit Union is headquartered in Memphis and is the 87th largest credit union in the state of Tennessee. It is also the 3,233rd largest credit union in the nation. It was established in 1971 and as of December of 2018, it had grown to 11 employees and 3,080 members at 2 locations. I Trust Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to employees of the Internal Revenue Service in Memphis, Tennessee, CW. Austin, Inc, Memphis Goodwill Industries, Inc., and Johnson Controls, Inc. who work regularly under contract with the I.R.S. Service Center in Memphis.
See current membership details
Health
B+
Data as of Q4 2018
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. I Trust Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 20722 |
| Year Chartered | 1971 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.49% |
| Return on Equity - YTD | 4.62% |
| Annual Interest Income | $982.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $22.2MM$20.6MM |
| Loans | Q4 2018vs Q4 2017 | $7.7MM$7.9MM |
| Deposits | Q4 2018vs Q4 2017 | $19.1MM$18.3MM |
| Equity Capital | Q4 2018vs Q4 2017 | $2.3MM$2.2MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $145.00K$124.00K |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $21.00K$115.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$0 |
Rates
Sorry, we do not have rate data for I Trust Federal Credit Union.
Locations
| I Trust Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 3617 Winchester Rd | Memphis, TN 38118 |
| Branch Office | 5333 Getwell RD | Memphis, TN 38118 |