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 16th largest credit union in the state of Tennessee. It is also the 778th largest credit union in the nation. It was established in 1959 and as of September of 2024, it had grown to 86 employees and 44,177 members at 7 locations. Memphis City Employees Credit Union's money market rates are 7X the national average, and it 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

No reviews have been left for this bank yet. Be the first to review.



Health

Health Grade Components

Overall
NCUA #60239
Year Chartered1959
Employees86
Primary Regulator
Profit Margin
Return on Assets - YTD0.43%
Return on Equity - YTD3.02%
Annual Interest Income$13.6MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$459.5MM$447.8MM
LoansQ3 2024vs Q3 2023$262.6MM$261.8MM
DepositsQ3 2024vs Q3 2023$388.4MM$383.7MM
Equity CapitalQ3 2024vs Q3 2023$64.2MM$54.8MM
Loan Loss AllowanceQ3 2024vs Q3 2023$7.3MM$6.9MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$1.4MM$959K
Real Estate OwnedQ3 2024vs Q3 2023$0$0
Rates
Report an Issue

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.

Memphis City Employees Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%$0-Accumulative IRA Account
0.30%*$25k*-Regular Share Savings
OTHER TIERS: 0.15% $0 - $1k | 0.20% $1k - $5k | 0.25% $5k - $25k
0.30%*$25k*-Special Share Savings
OTHER TIERS: 0.15% $0 - $1k | 0.20% $1k - $5k | 0.25% $5k - $25k
0.30%*$25k*-Christmas Club Account
OTHER TIERS: 0.15% $0 - $1k | 0.20% $1k - $5k | 0.25% $5k - $25k

Memphis City Employees Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.00%$20k-Premium Money Market
1.00%$1k-Money Market Account

Memphis City Employees Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%$1k-Share Draft Checking Account

Memphis City Employees Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.42%$1k-6 Month CD
4.27%$1k-12 Month CD
3.60%$1k-24 Month CD
3.24%$1k-42 Month CD
3.03%$1k-36 Month CD
2.98%$1k-30 Month CD

Memphis City Employees Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.42%$1k-6 Month IRA
4.27%$1k-12 Month IRA
3.60%$1k-24 Month IRA
3.24%$1k-42 Month IRA
3.03%$1k-36 Month IRA
2.98%$1k-30 Month IRA
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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.