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.
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
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.
Overall | |
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NCUA # | 19448 |
Year Chartered | 1969 |
Employees | 83 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.78% |
Return on Equity - YTD | 9.29% |
Annual Interest Income | $8.4MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q2 2023vs Q2 2022 | $467.7MM$435.2MM |
Loans | Q2 2023vs Q2 2022 | $377.2MM$350.8MM |
Deposits | Q2 2023vs Q2 2022 | $416.9MM$396.1MM |
Equity Capital | Q2 2023vs Q2 2022 | $38.9MM$36.9MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$1.5MM |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $670.00K$437.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.00%* | - | $2.5k | Youth Shares | ||
OTHER TIERS: 0.05% → $2.5k+ | |||||
0.50% | - | - | Holiday Club | ||
0.10% | - | - | Health Savings | ||
0.10% | - | - | Cumulative IRA | ||
0.05% | - | - | Regular Shares |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
2.50%* | - | $25k | U 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 Locations | ||
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Branch Office | 103 Hurt St | Martin, TN 38237-2909 |
Branch Office | 1924 Alcoa Hwy | Knoxville, TN 37920-1511 |
Branch Office | 707 E Emory Rd | Knoxville, TN 37938-4614 |
Branch Office | 910 Madison Ave | Memphis, TN 38103 |
Branch Office | 2100 White Ave | Knoxville, TN 37916-2216 |
Branch Office | 9700 Kingston Pike | Knoxville, TN 37922 |
Branch Office | 1502 Cumberland Ave Ste 160 | Knoxville, TN 37996-4537 |
Corporate Office | 1512 Coleman Rd | Knoxville, TN 37909 |