Jack Daniel Employees Credit Union is headquartered in LYNCHBURG and is the 72nd largest credit union in the state of Tennessee. It is also the 2,815th largest credit union in the nation. It was established in 1987 and as of June of 2019, it had grown to 7 employees and 2,498 members at 1 location. Jack Daniel Employees Credit Union's CD rates are 2X the national average, and it has a B health rating.
Field of Membership Restrictions
Jack Daniels Employees Credit Union of Tennessee is open to the current and retired employees of the Jack Daniels Distillery in Lynchburg and its subsidiaries, as well as the current and retired Government and Board of Education employees of Metropolitan Lynchburg/Moore County, the volunteers members of the sheriff's and fire department, and the family members of these stated employees.
See current membership details
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 67197 |
| Year Chartered | 1987 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.09% |
| Return on Equity - YTD | 9.52% |
| Annual Interest Income | $637.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $32.1MM$31.8MM |
| Loans | Q2 2019vs Q2 2018 | $24.5MM$22.1MM |
| Deposits | Q2 2019vs Q2 2018 | $28.4MM$28.3MM |
| Equity Capital | Q2 2019vs Q2 2018 | $3.7MM$3.3MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $143.00K$123.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $260.00K$67.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Jack Daniel Employees Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Jack Daniel Employees Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | - | - | Share Account | |
| 0.50% | - | - | Vacation Club Account | |
| 0.50% | - | - | Christmas Club Account | |
| 0.50% | - | - | Variable IRA Share Account |
Jack Daniel Employees Credit Union CD Rates
Jack Daniel Employees Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.22% | $2k | - | 12 Month IRA Certificate | |
| 2.22% | $2k | - | 18 Month IRA Certificate | |
| 2.22% | $2k | - | 24 Month IRA Certificate | |
| 2.02% | $2k | - | 6 Month IRA Certificate |
| Jack Daniel Employees Credit Union Locations | ||
|---|---|---|
| Branch Office | 488 MAJORS BLVD | LYNCHBURG, TN 37352 |