Memphis City Employees Credit Union

Popular Accounts at this Credit Union

1.91%1-year CD
2.52%4-year CD
2.27%3-year CD
View all Memphis City Employees Credit Union rates »

Overview / Commentary
2608 Avery Ave
Memphis, TN 38112

Memphis City Employees Credit Union is headquartered in Memphis and is the 18th largest credit union in the state of Tennessee. It is also the 804th largest credit union in the nation. It was established in 1959 and as of December of 2018, it had grown to 67 employees and 35,833 members at 7 locations. Memphis City Employees Credit Union's CD rates are 2X the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

Membership is open to the following: 1) employees of the cities of Memphis or Bartlett, Tennessee; 2) employees of Scripps Media Company, WMC Family of Stations, Memphis Business Journal, Ronald Barker Construction Company, Collierville Auto Center and Commercial Appeal.
See current membership details

Reviews (1)


After more than a week of trying to buy a travel trailer and giving the " loan officer " everything she had asked for, which was part of the problem, she didnt know what she needed and added something everyday. I walked into the bank and waived to the " loan officer " and she said " come back" I told her my name she said she knew who I was and " what do you want" rudely , I said that we had talked about me picking the rv up today and was making sure eveything was ok, She said " THIS IS A PROCEDURE , WE NEED A COPPY OF THE TITLE, INSURANCE, ACCOUNT NUMBERS",  of the peson that I was buying this rv from and with whom she had spoken with three times and never asked for, then had the nerve to say that we were rude, If a person is trying to belittle you ofcoarse any person will defend themself and have the right to.  The moral of this story is... learn your job , do it in a timely manor , be curtious .....Oh and NEVER EVER EVER USE THE WHITEHAVEN BRANCH


Health Grade Components

NCUA #60239
Year Chartered1959
Primary Regulator
Profit Margin
Return on Assets - YTD0.89%
Return on Equity - YTD5.32%
Annual Interest Income$10.3MM
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$301.2MM$285.6MM
LoansQ4 2018vs Q4 2017$153.1MM$134.1MM
DepositsQ4 2018vs Q4 2017$247.6MM$235.2MM
Equity CapitalQ4 2018vs Q4 2017$49.8MM$46.2MM
Loan Loss AllowanceQ4 2018vs Q4 2017$4.5MM$4.1MM
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$340.00K$243.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$39.00K
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Memphis City Employees Credit Union Savings Account Rates

1.26%--Accumulative IRA Account

Memphis City Employees Credit Union Money Market Rates

0.50%--Money Market Account

Memphis City Employees Credit Union Checking Account Rates

0.20%$1k-Share Draft Checking Account

Memphis City Employees Credit Union CD Rates

2.52%$1k-42 Month CD
2.42%$1k$50k36 Month CD
2.27%$1k-30 Month CD
2.17%$1k-24 Month CD
1.91%$1k-12 Month CD
1.56%$1k-6 Month CD

Memphis City Employees Credit Union IRA Rates

2.52%$1k-42 Month IRA
2.42%$1k-36 Month IRA
2.27%$1k-30 Month IRA
2.17%$1k-24 Month IRA
1.91%$1k-12 Month IRA
1.56%$1k-6 Month IRA

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 Office5705 Stage Rd Ste 2Bartlett, TN 38134-4541
Branch Office109 N Main StMemphis, TN 38103-5000
Branch Office1900 Whitten Rd Ste 102Memphis, TN 38133-7026
Corporate Office2686 Mount Moriah TerMemphis, TN 38115

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