Mid East Tennessee Community Credit Union

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Overview / Commentary

metcom.us

423-334-2100

17640 State Highway 58 N
Decatur, TN 37322

Mid East Tennessee Community Credit Union is headquartered in Decatur and is the 112^th largest credit union in the state of Tennessee. It is also the 4,307^th largest credit union in the nation. It was established in 2008 and as of March of 2017, it had grown to 7 employees and 1,783 members at 2 locations. Mid East Tennessee Community Credit Union has a C health rating.

Field of Membership Restrictions

Membership is open to those who live, work, volunteer, worship, or help to alleviate poverty in Meigs, McMinn, or Rhea Counties in Tennessee.
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Health

C

Data as of Q1 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Mid East Tennessee Community Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #	68590
Year Chartered	2008
Employees	7
Primary Regulator

Profit Margin
Return on Assets - YTD	0.21%
Return on Equity - YTD	3.15%
Annual Interest Income	$225.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$9.4MM$8.2MM
Loans	Q1 2017vs Q1 2016	$8.0MM$6.7MM
Deposits	Q1 2017vs Q1 2016	$8.6MM$7.6MM
Equity Capital	Q1 2017vs Q1 2016	$635.00K$535.00K
Secondary Capital	Q1 2017vs Q1 2016	$90.00K
Loan Loss Allowance	Q1 2017vs Q1 2016	$227.00K$166.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$395.00K$424.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

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Mid East Tennessee Community Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.25%	-	-	Regular Savings

Locations

Mid East Tennessee Community Credit Union Locations
Branch Office	17640 State Highway 58 N	Decatur, TN 37322-7774
Branch Office	103 W WASHINGTON AVE	ATHENS, TN 37303-3544