Credit union · NCUA insured
Memorial Credit Union
A $6.9M credit union headquartered in Chattanooga, TN, with 1,276 members and 1 branch in Tennessee. Best rates: savings 0.05% APY.
Memorial Credit Union Carrot Score
61
Carrot Score
Higher than 3% of U.S. banks and credit unions
#23 of 28 in Chattanooga, TN-GA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Memorial Credit Union
Memorial Credit Union aims to promote savings, provide expanding financial services, and encourage financial stability within the community.
- Headquarters
- 6800 Longview Rd, Chattanooga, TN 37421
- NCUA charter
- 63802
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This may be incomplete or out of date, so check with the credit union before you apply.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 Alexian Brothers (Alexian Brothers Community Services, Alexian Senior neighbors, Alexian Village and Alexian Grove) and its subsidiaries are eligible for membership.
- Persons working in Memorial Atrium Building are eligible for membership.
- Employees of this Credit Union are eligible for membership.
- Employees of Memorial Health Care Systems and its subsidiaries are eligible for membership.
- Physicians, Specialists and Staff who practice or work at Memorial facilities or whose offices are located in the Hospital or Medical Service, and other buildings owned by Memorial Hospital or its subsidiaries are eligible for membership.
- Medical Staff and Specialists employed by Memorial are eligible for membership.
4 more ways to join
Employers and groups
- Non-medical employees of or organized by Memorial Health Care System related to the prevention and treatment of diseases are eligible for membership.
- Employees of SCT Company are eligible for membership.
- Employees of the Tennessee Credit Union League and its subsidiaries are eligible for membership.
Family and household
- Members of the immediate family of eligible persons or organizations composed of the same general membership are eligible for membership.
Cost to join
- New members are required to open a Share account with a minimum deposit/balance of $25.00.
Branches
1 branch in Tennessee
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Tennessee
1 branch
- Memorial Credit UnionMain office6800 Longview Rd, Chattanooga, TN 37421Directions
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 | 13.75% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 1.20% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | -0.38% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $54 | $59 | — |
- CapitalNet worth ratio13.75%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late1.20%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets-0.38%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$54Peers’ 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 Memorial Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.