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 2,870th largest credit union in the nation. It was established in 1980 and as of June of 2021, it had grown to 8 employees and 5,189 members at 1 location. UPS Employees Credit Union (TN)'s CD rates are 11% higher than 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
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Health
B+
Data as of Q2 2021
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 | 8 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.5% |
| Return on Equity - YTD | 7.8% |
| Annual Interest Income | $688.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $35.4MM$30.6MM |
| Loans | Q2 2021vs Q2 2020 | $20.3MM$16.3MM |
| Deposits | Q2 2021vs Q2 2020 | $28.6MM$24.2MM |
| Equity Capital | Q2 2021vs Q2 2020 | $6.7MM$6.2MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $316.00K$297.00K |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $88.00K$51.00K |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |