Memphis City Employees Credit Union is headquartered in Memphis and is the 16th largest credit union in the state of Tennessee. It is also the 766th largest credit union in the nation. It was established in 1959 and as of March of 2025, it had grown to 83 employees and 44,990 members at 7 locations. Memphis City Employees Credit Union's money market rates are 7X the national average, and it boasts an A+ health rating.
Memphis City Employees Credit Union is open to employees of the City of Bartlett, City of Memphis, MLGW, Friends of the Library, Scripps Media Company, WMC Family of Stations (including Radio Station FM100), Memphis Business Journal, Ronald Barker Construction Company, Collierville Auto Center and Commercial Appeal.
See current membership details
Overall | |
---|---|
NCUA # | 60239 |
Year Chartered | 1959 |
Employees | 83 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.51% |
Return on Equity - YTD | 3.63% |
Annual Interest Income | $5MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2025vs Q1 2024 | $481.4MM$457.7MM |
Loans | Q1 2025vs Q1 2024 | $261.3MM$259.1MM |
Deposits | Q1 2025vs Q1 2024 | $408MM$387.5MM |
Equity Capital | Q1 2025vs Q1 2024 | $65.7MM$59.1MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $7.6MM$7.2MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.3MM$1MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Memphis City Employees Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
3.00% | $20k | - | Premium Money Market | |
1.00% | $1k | - | Money Market Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.05% | $1k | - | Share Draft Checking Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
4.27% | $1k | - | 6 Month CD | |
4.11% | $1k | - | 12 Month CD | |
3.60% | $1k | - | 24 Month CD | |
3.29% | $1k | - | 42 Month CD | |
3.29% | $1k | - | 36 Month CD | |
3.19% | $1k | - | 30 Month CD |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
4.27% | $1k | - | 6 Month IRA | |
4.11% | $1k | - | 12 Month IRA | |
3.60% | $1k | - | 24 Month IRA | |
3.29% | $1k | - | 42 Month IRA | |
3.29% | $1k | - | 36 Month IRA | |
3.19% | $1k | - | 30 Month IRA | |
1.00% | $0 | - | Accumulative IRA Account |
Memphis City Employees Credit Union Locations | ||
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Branch Office | 4135 Elvis Presley Blvd | Memphis, TN 38116 |
Branch Office | 2608 Avery Ave | Memphis, TN 38112-4821 |
Branch Office | 2678 Mount Moriah Ter | Memphis, TN 38115-1609 |
Branch Office | 5751 Stage Rd | Bartlett, TN 38134-4515 |
Branch Office | 1900 Whitten Rd Ste 102 | Memphis, TN 38133-7001 |
Corporate Office | 2686 Mount Moriah Ter | Memphis, TN 38115 |
Branch Office | 3617 Winchester Rd | Memphis, TN 38118-5961 |