UT Federal Credit Union


Overview / Commentary
865-971-1971
2100 White Avenue
Knoxville, TN 37916

UT Federal Credit Union is headquartered in Knoxville and is the 16th largest credit union in the state of Tennessee. It is also the 748th largest credit union in the nation. It was established in 1969 and as of June of 2023, it had grown to 83 employees and 25,913 members at 8 locations. UT Federal Credit Union's CD rates are 67% higher than the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in UT Federal Credit Union is open to individuals who live, work, worship, attend school, regularly conduct business or volunteer in the Tennessee counties of Anderson, Blount, Knox, Loudon, or Union. Family members of current UT Federal Credit Union are also eligible to join.
See current membership details

Reviews (1)

Great Experience with University of Tennessee Credit Union

I have been banking with UTFCU for 7 years now. I have had nothing but good experiences. When it comes to customer service, they are fantastic. I had an "unusual" charge go through my account that didn't match my normal spending patterns in 2016. I was a college student at the time and they didn't think I would be spending more than $1,000 at a mall in a city I had never visited before. They were exactly right. I was personally contacted by a representative from the bank to inquire about the charges. When I confirmed their suspicions of the fraudulent charge, they immediately suspended my debit card and put a hold on both my checking and saving accounts. I was able to handle everything over the phone to remove those charges and received a new debit card in the mail three days later. All the representatives I have ever dealt with have been kind and professional. Finances can be overwhelming for a young adult. It's nice to know that support is there just down the street at my credit union. Their mobile deposits for checks is very user friendly and their 24 hour ATM is also extremely useful.



Health

Health Grade Components

Overall
NCUA #19448
Year Chartered1969
Employees83
Primary Regulator
Profit Margin
Return on Assets - YTD0.78%
Return on Equity - YTD9.29%
Annual Interest Income$8.4MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$467.7MM$435.2MM
LoansQ2 2023vs Q2 2022$377.2MM$350.8MM
DepositsQ2 2023vs Q2 2022$416.9MM$396.1MM
Equity CapitalQ2 2023vs Q2 2022$38.9MM$36.9MM
Loan Loss AllowanceQ2 2023vs Q2 2022$0$1.5MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$670.00K$437.00K
Real Estate OwnedQ2 2023vs Q2 2022$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not UT Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

UT Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*-$2.5kYouth Shares
OTHER TIERS: 0.05% $2.5k+
0.50%--Holiday Club
0.10%--Health Savings
0.10%--Cumulative IRA
0.05%--Regular Shares

UT Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.75%*$250k*-Business Money Market
OTHER TIERS: 0.25% Up to $10k | 0.50% $10k - $25k | 1.25% $25k - $100k | 4.00% $100k - $250k
0.20%*$50k*-Money Market
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $25k | 0.15% $25k - $50k

UT Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%*-$25kU Rewards High-Yield Checking
OTHER TIERS: 0.05% $25k+
0.05%--Premier U Share Draft
0.05%--Premier U Plus Share Draft

UT Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.20%$1k$500k14 Month CD Special
4.50%$1k$500k23 Month Bump CD Special
1.75%$1k-48 Month CD
1.70%$1k-36 Month CD
1.65%$1k-30 Month CD
1.60%$1k-24 Month CD
1.55%$1k-18 Month CD
1.50%$1k-12 Month CD
0.60%$1k-6 Month CD
0.45%$1k-3 Month CD

UT Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
5.20%$1k$500k14 Month IRA Special
4.50%$1k$500k23 Month Bump IRA Special
1.75%$1k-48 Month IRA
1.70%$1k-36 Month IRA
1.65%$1k-30 Month IRA
1.60%$1k-24 Month IRA
1.55%$1k-18 Month IRA
1.55%$100$2k18 Month Educational IRA
1.50%$1k-12 Month IRA
0.60%$1k-6 Month IRA
0.45%$1k-3 Month IRA
Locations


UT Federal Credit Union Locations
Branch Office103 Hurt StMartin, TN 38237-2909
Branch Office1924 Alcoa HwyKnoxville, TN 37920-1511
Branch Office707 E Emory RdKnoxville, TN 37938-4614
Branch Office910 Madison AveMemphis, TN 38103
Branch Office2100 White AveKnoxville, TN 37916-2216
Branch Office9700 Kingston PikeKnoxville, TN 37922
Branch Office1502 Cumberland Ave Ste 160Knoxville, TN 37996-4537
Corporate Office1512 Coleman RdKnoxville, TN 37909

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.