Overview / Commentary
UPS Employees Credit Union (TN) is headquartered in Memphis and is the 70th largest credit union in the state of Tennessee. It is also the 2,632nd largest credit union in the nation. It was established in 1980 and as of September of 2024, it had grown to 10 employees and 6,150 members at 1 location. UPS Employees Credit Union (TN)'s CD rates are 5X the national average, and it has a B+ health rating.
Field of Membership Restrictions
UPS Employees Credit Union is open to UPS employees (and their family members) who work in Arkansas, Mississippi, or Tennessee.
See current membership details
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Health
B+
Data as of Q3 2024
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 | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.22% |
| Return on Equity - YTD | 10.27% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2024vs Q3 2023 | $40.4MM$40.9MM |
| Loans | Q3 2024vs Q3 2023 | $31.4MM$31.8MM |
| Deposits | Q3 2024vs Q3 2023 | $31.2MM$32.6MM |
| Equity Capital | Q3 2024vs Q3 2023 | $9MM$8MM |
| Loan Loss Allowance | Q3 2024vs Q3 2023 | $623K$527K |
| Unbacked Noncurrent Loans | Q3 2024vs Q3 2023 | $336K$173K |
| Real Estate Owned | Q3 2024vs Q3 2023 | $0$0 |