Memphis City Employees Credit Union

Overview / Commentary
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 761st largest credit union in the nation. It was established in 1959 and as of June of 2020, it had grown to 80 employees and 40,286 members at 9 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

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 - YTD0.63%
Return on Equity - YTD4.22%
Annual Interest Income$6.7MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$379.4MM$333.8MM
LoansQ2 2020vs Q2 2019$197.1MM$168.4MM
DepositsQ2 2020vs Q2 2019$321.1MM$276.8MM
Equity CapitalQ2 2020vs Q2 2019$54.0MM$51.8MM
Loan Loss AllowanceQ2 2020vs Q2 2019$5.4MM$4.7MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$727.00K$515.00K
Real Estate OwnedQ2 2020vs Q2 2019$0$0
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Memphis City Employees Credit Union Savings Account Rates

0.60%--Accumulative IRA Account

Memphis City Employees Credit Union Money Market Rates

0.30%$1k-Money Market Account

Memphis City Employees Credit Union Checking Account Rates

0.10%$1k-Share Draft Checking Account

Memphis City Employees Credit Union CD Rates

1.00%$1k-42 Month CD
0.90%$1k$50k36 Month CD
0.85%$1k-30 Month CD
0.80%$1k-24 Month CD
0.70%$1k-12 Month CD
0.60%$1k-6 Month CD

Memphis City Employees Credit Union IRA Rates

1.00%$1k-42 Month IRA
0.90%$1k-36 Month IRA
0.85%$1k-30 Month IRA
0.80%$1k-24 Month IRA
0.70%$1k-12 Month IRA
0.60%$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 Office5751 Stage RdBartlett, TN 38134-4515
Branch Office109 N Main StMemphis, TN 38103-5000
Branch Office1900 Whitten Rd Ste 102Memphis, TN 38133-7026
Corporate Office2686 Mount Moriah TerMemphis, TN 38115
Branch Office3617 Winchester RdMemphis, TN 38118-5961
Branch Office5333 Getwell Rd Module EMemphis, TN 38118-7733

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