Credit union · NCUA insured
FedTrust Federal Credit Union
A $56.4M credit union headquartered in Memphis, TN, with 2,897 members and 4 branches in Tennessee. Best rates: CDs 3.04% and savings 1.00% APY.
FedTrust Federal Credit Union Carrot Score
73
Carrot Score
Higher than 34% of U.S. banks and credit unions
#17 of 36 in Memphis, TN-MS-AR metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About FedTrust Federal Credit Union
Operating since 1959 as a member-owned financial cooperative originally called Federal Building Federal Credit Union, FedTrust Federal Credit Union is headquartered in Memphis, Tennessee.
The credit union was formed to encourage savings, offer loans, and provide financial services to its members.
- Headquarters
- 167 N Main St Ste 102, Memphis, TN 38103-1867
- NCUA charter
- 13233
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of select employee groups / eligible companies are eligible for membership.
Military, government and schools
- Employees and retirees of the U.S. civilian federal government are eligible for membership.
Family and household
- Immediate family members of credit union members are eligible for membership.
Cost to join
- Opening a share savings account requires an initial deposit of $5.
Branches
4 branches in Tennessee
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Tennessee
4 branches
- MainMain office167 N Main St Ste 102, Memphis, TN 38103Directions
- Hwy 649755 US-64, Ste 107, Arlington, TN 38002Directions
- Attco200 Jefferson Ave Ste 150, Memphis, TN 38103Directions
- Eaglecrest225 N Humphreys Blvd Ste 1029, Memphis, TN 38120Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 7.17% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.52% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.57% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $82 | $59 | — |
- CapitalNet worth ratio7.17%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.52%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.57%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$82Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of FedTrust Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.