Overview / Commentary
3501 Johnson St
Hollywood, FL 33021-5421

Memorial Employees Federal Credit Union is headquartered in Hollywood and is the 78th largest credit union in the state of Florida. It is also the 2,008th largest credit union in the nation. It was established in 1971 and as of December of 2018, it had grown to 18 employees and 8,954 members at 6 locations. Memorial Employees Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to current and retired employees of Memorial Healthcare Systems and their immediate family.
See current membership details


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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 Employees Federal Credit Union has a relatively low asset base.

Health Grade Components

NCUA #20468
Year Chartered1971
Primary Regulator
Profit Margin
Return on Assets - YTD0.68%
Return on Equity - YTD6.93%
Annual Interest Income$2.1MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$67.2MM$65.0MM
LoansQ4 2018vs Q4 2017$26.0MM$22.4MM
DepositsQ4 2018vs Q4 2017$59.4MM$57.6MM
Equity CapitalQ4 2018vs Q4 2017$6.6MM$6.3MM
Loan Loss AllowanceQ4 2018vs Q4 2017$189.00K$192.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$25.00K$17.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Memorial Employees Federal Credit Union Savings Account Rates

0.15%--Share Savings
0.08%--Holiday Club
0.08%--Vacation Club

Memorial Employees Federal Credit Union Money Market Rates

0.25%$50k-Elite Money Market
0.20%$25k-Advantage Plus Money Market
0.15%$2.5k-Money Market Account
0.15%$10k-Advantage Money Market

Memorial Employees Federal Credit Union Checking Account Rates

0.02%$1k-Checking Account

Memorial Employees Federal Credit Union CD Rates

0.40%$1k-24 Month Share CD
0.30%$1k-18 Month Share CD
0.25%$1k-12 Month Share CD
0.20%$1k-6 Month Share CD

Memorial Employees Federal Credit Union Locations
Branch Office1951 SW 172nd AveMiramar, FL 33029-5593
Branch Office7800 Sheridan StPembroke Pines, FL 33024-2536
Branch Office3600 Washington StHollywood, FL 33021-8216
Branch Office2900 Corporate WayMiramar, FL 33025
Branch Office3501 Johnson StHollywood, FL 33021-5421
Branch Office703 N Flamingo RdPembroke Pines, FL 33028-1006

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