Kennedy VA Employees Federal Credit Union
LOCATIONS
1
View locations
HEALTH RATING
B
View health report
CURRENT TOP RATE
2.94% APY
30 Month CD
View all rates
Overview / Commentary
Kennedy VA Employees Federal Credit Union is headquartered in Memphis and is the 86th largest credit union in the state of Tennessee. It is also the 3,222nd largest credit union in the nation. It was established in 1948 and as of March of 2019, it had grown to 9 employees and 2,763 members at 1 location. Kennedy VA Employees Federal Credit Union's CD rates are 3X the national average, and it has a B health rating.
Field of Membership Restrictions
Membership is open to employees of the Memphis Kennedy Veterans Administration Medical Center.
See current membership details
Health
B
Data as of Q1 2019
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. Kennedy VA Employees Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 5811 |
| Year Chartered | 1948 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.48% |
| Return on Equity - YTD | 3.55% |
| Annual Interest Income | $212.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $22.7MM$24.1MM |
| Loans | Q1 2019vs Q1 2018 | $12.9MM$12.5MM |
| Deposits | Q1 2019vs Q1 2018 | $19.5MM$21.1MM |
| Equity Capital | Q1 2019vs Q1 2018 | $3.0MM$2.9MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $54.00K$54.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $20.00K$44.00K |
| Real Estate Owned | Q1 2019vs Q1 2018 | $0$0 |
Report an Issue
Always verify rates and promotions with the bank or credit union. We are not Kennedy VA Employees Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Kennedy VA Employees Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.44% | - | - | Accumulation IRA | |
| 0.36% | $200 | - | Christmas Club | |
| 0.33% | $200 | - | Special Savings Account | |
| 0.30% | $200 | - | Share Savings Account |
Kennedy VA Employees Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.28% | $300 | - | Share Draft |
Kennedy VA Employees Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.94% | $5k | - | 30 Month CD | |
| 2.88% | $2.5k | - | 18 Month CD | |
| 2.87% | $1.5k | - | 12 Month CD | |
| 2.71% | $1k | - | 6 Month CD |
Kennedy VA Employees Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.94% | $500 | - | 30 Month IRA | |
| 2.88% | $100 | - | 18 Month IRA |
Locations
| Kennedy VA Employees Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1030 Jefferson Ave | Memphis, TN 38104 |