Credit union · NCUA insured
Memphis City Employees Credit Union
Top CarrotA $500.7M credit union headquartered in Memphis, TN, with 44,001 members and 6 branches in Tennessee. Best rates: CDs 4.06% and savings 1.00% APY.
Memphis City Employees Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 98% of U.S. banks and credit unions
#3 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 Memphis City Employees Credit Union
Memphis City Employees Credit Union, established in May 1959 as the City of Memphis Credit Union, is headquartered in Memphis, Tennessee.
The member-owned cooperative serves select employee groups across the Memphis area.
- Headquarters
- 2686 Mount Moriah Ter, Memphis, TN 38115
- NCUA charter
- 60239
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This may be incomplete or out of date, so check with the credit union before you apply.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 MCR Safety are eligible for membership.
- Employees of MLGW are eligible for membership.
- Employees of Smith & Nephew are eligible for membership.
Military, government and schools
- Employees of Airport Authority are eligible for membership.
- Employees of the City of Bartlett are eligible for membership.
- Employees of the City of Memphis are eligible for membership.
9 more ways to join
Military, government and schools
- Employees of the IRS Service Center in Memphis, TN are eligible for membership.
- Employees of Memphis & Shelby County Library are eligible for membership.
- Employees of Shelby County Sheriff's Office are eligible for membership.
Family and household
- All immediate family of current members can become members regardless of residency.
- Members of the immediate family or household of individuals in the field of membership are eligible for membership.
- Spouses of persons who passed away while within the field of membership are eligible for membership.
Other ways
- Individuals who were eligible for membership with Agility Financial Credit Union are eligible for membership.
- Persons retired as pensioners or annuitants from the qualifying employment groups are eligible for membership.
- Individuals who were eligible for membership with Smith & Nephew Employees Credit Union are eligible for membership.
Cost to join
- A minimum deposit of $5.00 into a Savings Account is required to become a member.
Branches
6 branches in Tennessee
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Tennessee
6 branches
- Stage5751 Stage Rd, Bartlett, TN 38134Directions
- Avery2608 Avery Ave, Memphis, TN 38112Directions
- Mt. Moriah2678 Mount Moriah Ter, Memphis, TN 38115Directions
- Whitehaven4135 Elvis Presley Blvd, Memphis, TN 38116Directions
- Whitten1900 Whitten Rd Ste 102, Memphis, TN 38133Directions
- Winchester3617 Winchester Rd, Memphis, TN 38118Directions
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
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 14.48% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.63% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.55% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $63 | $76 | — |
- CapitalNet worth ratio14.48%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.63%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.55%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$63Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion 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 Memphis City Employees Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.