Featured Savings Rates
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Memorial CU (TN)

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.10%1-year CD12 Month CD
0.05%SavingsRegular Savings Account
0.05%CheckingPremium Share Draft Account

Overview / Commentary
6800 Longview Rd
Chattanooga, TN 37421

Memorial CU (TN) is headquartered in Chattanooga and is the 114th largest credit union in the state of Tennessee. It is also the 4,438th largest credit union in the nation. It was established in 1959 and as of September of 2017, it had grown to 4 employees and 1,651 members at 2 locations. Memorial CU (TN) has a C+ health rating.

Field of Membership Restrictions

Membership is open to employees, medical staff, specialists and of Memorial Health Care System, its subsidiaries, or Memorial facilities, SCT Company, Alexian Brothers and its subsidiaries, or Tennessee Credit Union League and its subsidiaries.
See current membership details

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Health
C+
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. Memorial CU (TN) has a very low asset base.

Health Grade Components

Overall
NCUA #63802
Year Chartered1959
Employees4
Primary Regulator
Profit Margin
Return on Assets - YTD0.05%
Return on Equity - YTD0.31%
Annual Interest Income$221.00K
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$7.7MM$7.9MM
LoansQ3 2017vs Q3 2016$3.8MM$3.6MM
DepositsQ3 2017vs Q3 2016$6.3MM$6.6MM
Equity CapitalQ3 2017vs Q3 2016$1.3MM$1.3MM
Loan Loss AllowanceQ3 2017vs Q3 2016$23.00K$30.00K
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$62.00K$16.00K
Real Estate OwnedQ3 2017vs Q3 2016$0$0
Rates
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Memorial CU (TN) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$25-Regular Savings Account
0.05%--Christmas Club Account
0.05%--Vacation Club Account

Memorial CU (TN) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$250-Basic Share Drafts Account
0.05%$500-Premium Share Draft Account

Memorial CU (TN) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%$500-12 Month CD
0.06%$500-6 Month CD
Locations


Memorial CU (TN) Locations
Branch Office2525 Desales Ave Ste 100Chattanooga, TN 37404
Branch Office6800 Longview RdChattanooga, TN 37421