Overview / Commentary
UPS Employees Credit Union (TN) is headquartered in Memphis and is the 75th largest credit union in the state of Tennessee. It is also the 2,770th largest credit union in the nation. It was established in 1980 and as of December of 2022, it had grown to 9 employees and 5,777 members at 1 location. UPS Employees Credit Union (TN) 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
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Health
B+
Data as of Q4 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 | 1.59% |
| Return on Equity - YTD | 7.97% |
| Annual Interest Income | $1.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $37.9MM$36.5MM |
| Loans | Q4 2022vs Q4 2021 | $29.8MM$22.4MM |
| Deposits | Q4 2022vs Q4 2021 | $30.2MM$29.3MM |
| Equity Capital | Q4 2022vs Q4 2021 | $7.6MM$7.0MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $303.00K$336.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $209.00K$146.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |