Overview / Commentary
UPS Employees Credit Union (TN) is headquartered in Memphis and is the 74th largest credit union in the state of Tennessee. It is also the 2,792nd largest credit union in the nation. It was established in 1980 and as of September of 2022, it had grown to 9 employees and 5,705 members at 1 location. UPS Employees Credit Union (TN)'s CD rates are 3X the national average, and it has a B+ health rating.
Field of Membership Restrictions
UPS Employees Credit Union is open to employees of UPS. Family members are also eligible to join.
See current membership details
Related Posts
View all posts from:
Health
B+
Data as of Q3 2022
Learn why bank health mattersAdditional 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. UPS Employees Credit Union (TN) has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 67608 |
| Year Chartered | 1980 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.58% |
| Return on Equity - YTD | 8.06% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $37.9MM$36.5MM |
| Loans | Q3 2022vs Q3 2021 | $28.3MM$21.9MM |
| Deposits | Q3 2022vs Q3 2021 | $30.3MM$29.5MM |
| Equity Capital | Q3 2022vs Q3 2021 | $7.4MM$6.9MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $271.00K$311.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $242.00K$79.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |