Memphis City Employees Credit Union


Overview / Commentary
901-321-1200
2608 Avery Ave
Memphis, TN 38112

Memphis City Employees Credit Union is headquartered in Memphis and is the 17th largest credit union in the state of Tennessee. It is also the 784th largest credit union in the nation. It was established in 1959 and as of June of 2024, it had grown to 85 employees and 42,623 members at 7 locations. Memphis City Employees Credit Union has an A health rating.

Field of Membership Restrictions

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

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Health

Health Grade Components

Overall
NCUA #60239
Year Chartered1959
Employees85
Primary Regulator
Profit Margin
Return on Assets - YTD0.44%
Return on Equity - YTD3.27%
Annual Interest Income$8.8MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$453.7MM$441.3MM
LoansQ2 2024vs Q2 2023$260.5MM$263.6MM
DepositsQ2 2024vs Q2 2023$382.8MM$380.6MM
Equity CapitalQ2 2024vs Q2 2023$60.9MM$53.7MM
Loan Loss AllowanceQ2 2024vs Q2 2023$7.1MM$6.9MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$994K$1.5MM
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

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Locations


Memphis City Employees Credit Union Locations
Branch Office4135 Elvis Presley BlvdMemphis, TN 38116
Branch Office2608 Avery AveMemphis, TN 38112-4821
Branch Office2678 Mount Moriah TerMemphis, TN 38115-1609
Branch Office5751 Stage RdBartlett, TN 38134-4515
Branch Office1900 Whitten Rd Ste 102Memphis, TN 38133-7001
Corporate Office2686 Mount Moriah TerMemphis, TN 38115
Branch Office3617 Winchester RdMemphis, TN 38118-5961

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