Memphis City Employees Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.85% | 1-year CD | 12 Months CD 1.40% - Synchrony Bank 12 Month CD |
| 1.36% | 4-year CD | 42 Months CD 1.80% - Goldman Sachs Bank USA 4 Year CD |
| 1.15% | 3-year CD | 30 Months CD 1.85% - Synchrony Bank 36 Month CD |
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 832nd largest credit union in the nation. It was established in 1959 and as of March of 2017, it had grown to 59 employees and 31,295 members at 6 locations. Memphis City Employees Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership is open to employees of the cities of Memphis or Bartlett, and Memphis Light, Gas and Water.
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 | 59 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.81% |
| Return on Equity - YTD | 4.77% |
| Annual Interest Income | $2.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $267.4MM$258.7MM |
| Loans | Q1 2017vs Q1 2016 | $114.8MM$106.5MM |
| Deposits | Q1 2017vs Q1 2016 | $219.9MM$211.8MM |
| Equity Capital | Q1 2017vs Q1 2016 | $44.9MM$44.7MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $3.8MM$3.4MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $289.00K$341.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $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 Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | - | - | 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 |
|---|---|---|---|---|
| 1.36% | $1k | - | 42 Months CD | |
| 1.15% | $1k | - | 30 Months CD | |
| 1.05% | $1k | - | 24 Month CD | |
| 0.85% | $1k | - | 12 Months CD | |
| 0.65% | $1k | - | 6 Months CD |
Memphis City Employees Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.36% | - | - | 42 Months IRA | |
| 1.15% | - | - | 30 Months IRA | |
| 1.05% | - | - | 24 Month IRA | |
| 0.85% | - | - | 12 Months IRA | |
| 0.65% | - | - | 6 Months 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 |