Memphis Municipal Employees Federal Credit Union is headquartered in Memphis and is the 99th largest credit union in the state of Tennessee. It is also the 3,397th largest credit union in the nation. It was established in 1963 and as of March of 2025, it had grown to 4 employees and 3,131 members at 2 locations. Memphis Municipal Employees Federal Credit Union has a C+ health rating.
Membership is open to all Christians of any denomination through membership in the Christian Benevolent Lodge Society ($30). Membership is also open to employees of the City of Memphis, Regional One Health, Memphis Housing Authority, NIDEC Motor Corporation, Hi-Speed Electrical, Shelby County, Airport Authority, Family Home Health Agency.
See current membership details
Overall | |
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NCUA # | 15433 |
Year Chartered | 1963 |
Employees | 4 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | -1.14% |
Return on Equity - YTD | -5.62% |
Annual Interest Income | $162K |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $15.1MM$16MM |
Loans | Q1 2025vs Q1 2024 | $5.4MM$5.8MM |
Deposits | Q1 2025vs Q1 2024 | $11.9MM$12.6MM |
Equity Capital | Q1 2025vs Q1 2024 | $3MM$3.1MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $183K$167K |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $192K$216K |
Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |
Sorry, we do not have rate data for Memphis Municipal Employees Federal Credit Union.
Memphis Municipal Employees Federal Credit Union Locations | ||
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Branch Office | 577 Dr Ml King Jr Ave | Memphis, TN 38126-1942 |
Corporate Office | 2168 Frisco Ave | Memphis, TN 38114 |