Knoxville Law Enforcement Federal Credit Union

Knoxville Law Enforcement Federal Credit Union


Overview / Commentary
865-522-3900
501 E Summit Hill Dr
Knoxville, TN 37915

Knoxville Law Enforcement Federal Credit Union is headquartered in Knoxville and is the 67th largest credit union in the state of Tennessee. It is also the 2,562nd largest credit union in the nation. It was established in 1957 and as of December of 2024, it had grown to 6 employees and 1,740 members at 1 location. Knoxville Law Enforcement 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 those who live, work, attend school or worship in Knox County, Tennessee.
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. Knoxville Law Enforcement Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #11533
Year Chartered1957
Employees6
Primary Regulator
Profit Margin
Return on Assets - YTD0.27%
Return on Equity - YTD2.5%
Annual Interest Income$1.7MM
Assets and Liabilities
AssetsQ4 2024vs Q4 2023$42.7MM$38.1MM
LoansQ4 2024vs Q4 2023$20.5MM$23.9MM
DepositsQ4 2024vs Q4 2023$37.3MM$33.1MM
Equity CapitalQ4 2024vs Q4 2023$4.6MM$4.4MM
Loan Loss AllowanceQ4 2024vs Q4 2023$154K$112K
Unbacked Noncurrent LoansQ4 2024vs Q4 2023$173K$415K
Real Estate OwnedQ4 2024vs Q4 2023$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Knoxville Law Enforcement Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.76%*$100k*-Accumulation Account
OTHER TIERS: 1.30% $2.5k - $25k | 1.35% $25k - $500k | 1.40% $50k - $750k | 1.45% $75k - $100k
1.30%$0-Coverdell Educational Savings
0.20%$5-Christmas Club
0.20%$5-Vacation Club
0.15%$0-Share Account

Knoxville Law Enforcement Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$300-Legacy Checking Account

Knoxville Law Enforcement Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.41%$1k-36 Month Share Certificate
3.41%$500-36 Month Minor Share Certificate
3.10%$1k-12 Month Share Certificate
3.10%$500-12 Month Minor Share Certificate
2.89%$1k-6 Month Share Certificate
2.89%$500-6 Month Minor Share Certificate
2.79%$1k-3 Month Share Certificate
2.79%$500-3 Month Minor Share Certificate

Knoxville Law Enforcement Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.30%$0-IRA
1.30%$0-Roth IRA
Locations


Knoxville Law Enforcement Federal Credit Union Locations
Branch Office501 E Summit Hill DrKnoxville, TN 37915-1030

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