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 776th largest credit union in the nation. It was established in 1959 and as of September of 2019, it had grown to 79 employees and 40,477 members at 9 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
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
DO NOT USE THEIR WHITEHAVEN LOAN DEPT.
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
| Overall | |
|---|---|
| NCUA # | 60239 |
| Year Chartered | 1959 |
| Employees | 79 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.91% |
| Return on Equity - YTD | 5.73% |
| Annual Interest Income | $9.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $327.6MM$294.5MM |
| Loans | Q3 2019vs Q3 2018 | $177.4MM$147.8MM |
| Deposits | Q3 2019vs Q3 2018 | $270.5MM$243.4MM |
| Equity Capital | Q3 2019vs Q3 2018 | $52.7MM$48.0MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $5.0MM$4.3MM |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $588.00K$313.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $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.
Memphis City Employees Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.26% | - | - | Accumulative IRA Account |
Memphis City Employees Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | - | - | Money Market Account |
Memphis City Employees Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.20% | $1k | - | Share Draft Checking Account |
Memphis City Employees Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.52% | $1k | - | 42 Month CD | |
| 2.42% | $1k | $50k | 36 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
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 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 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 | 5705 Stage Rd Ste 2 | Bartlett, TN 38134-4541 |
| Branch Office | 109 N Main St | Memphis, TN 38103-5000 |
| Branch Office | 1900 Whitten Rd Ste 102 | Memphis, TN 38133-7026 |
| Corporate Office | 2686 Mount Moriah Ter | Memphis, TN 38115 |
| Branch Office | 3617 Winchester Rd | Memphis, TN 38118-5961 |
| Branch Office | 5333 Getwell Rd Module E | Memphis, TN 38118-7733 |