Kennedy VA Employees Federal Credit Union


Overview / Commentary
901-523-8990 ext. 5607
1030 Jefferson Ave
Memphis, TN 38104

Kennedy VA Employees Federal Credit Union is headquartered in Memphis and is the 87th largest credit union in the state of Tennessee. It is also the 3,193rd largest credit union in the nation. It was established in 1948 and as of December of 2019, it had grown to 5 employees and 2,807 members at 1 location. Kennedy VA Employees Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership to Kennedy VA Employees Federal Credit Union is open to employees of the Memphis Kennedy Veterans Administration Medical Center and their children, spouses, siblings and parents.
See current membership details

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Health
B+
Additional 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 Chartered1948
Employees5
Primary Regulator
Profit Margin
Return on Assets - YTD0.63%
Return on Equity - YTD4.59%
Annual Interest Income$884.00K
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$22.9MM$22.5MM
LoansQ4 2019vs Q4 2018$13.3MM$13.1MM
DepositsQ4 2019vs Q4 2018$19.6MM$19.3MM
Equity CapitalQ4 2019vs Q4 2018$3.2MM$3.0MM
Loan Loss AllowanceQ4 2019vs Q4 2018$82.00K$72.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$29.00K$55.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0
Rates

Rates for Kennedy VA Employees Federal Credit Union are currently being reviewed.

Locations


Kennedy VA Employees Federal Credit Union Locations
Branch Office1030 Jefferson AveMemphis, TN 38104

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