Credit union · NCUA insured
Memphis City Employees Credit Union Savings Rates
Top CarrotMemphis City Employees Credit Union’s best savings rate is 1.00% APY on $10,000, with its Regular MMA. Rates checked October 15, 2026.
How Memphis City Employees Credit Union’s savings rates compare
Compared with banks and credit unions near Memphis, TN-MS-AR, where Memphis City Employees Credit Union has the most branches. $10,000, best rate first.
This credit union’s best
Memphis City Employees Credit Union
1.00%APY
- Requires
- None
- Minimum
- $1,000
- Earns on $10,000 a year
- $100
Regular MMA
Top rate
Leaders Credit Union
3.50%APY
- Requires
- None
- Minimum
- $0
- Earns on $10,000 a year
- $350
2nd-highest rate
FirstBank
3.40%APY
- Requires
- Another account
- Minimum
- $50
- Earns on $10,000 a year
- $340
Memphis City Employees Credit Union savings score
86
Savings score
Higher than 73% of U.S. banks and credit unions
- $1,000 balance$1,0001.00%
- $10,000 balance$10,0001.00%
- $100,000 balance$100,0003.00%
- QualifiedQualified1.00%
Each track runs from the lowest to the highest rate among U.S. banks and credit unions; the dot is this rate.Qualified: needs another account or monthly activity.
Where Memphis City Employees Credit Union ranks
By savings score, in each area where it has branches
Every rate
Current savings rates
Rates from the credit union’s website. Earnings assume the rate doesn’t change.
Premium MMA
3.00%APY
Available for personal accounts only. No monthly maintenance fees. Membership eligibility required. Does not offer check-writing privileges or a debit card.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $20,000 and up$20,000 minimum deposit required to open and maintain account. Dividends calculated daily and paid/compounded monthly. Rates subject to change.$20,000 and up | 3.00% | — | $20,000 minimum deposit required to open and maintain account. Dividends calculated daily and paid/compounded monthly. Rates subject to change. |
Regular MMA
1.00%APY
Available for personal accounts only. No monthly maintenance fees. Membership eligibility required. Does not offer check-writing privileges or a debit card.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $1,000 and up$1,000 minimum deposit required to open and maintain account. Dividends calculated daily and paid/compounded monthly. Rates subject to change.$1,000 and up | 1.00% | $100 | $1,000 minimum deposit required to open and maintain account. Dividends calculated daily and paid/compounded monthly. Rates subject to change. |
Regular Share Savings
0.15%APY
Dividends calculated daily, paid and compounded quarterly. Rates subject to change quarterly. Membership eligibility applies.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| $5 and upTiered interest rate of 0.15-0.30% APR / 0.15-0.30% APY. No monthly service charge.$5 and up | 0.15% | $15 | Tiered interest rate of 0.15-0.30% APR / 0.15-0.30% APY. No monthly service charge. |
Sources (3)
- memphiscu.org/join/membership-eligibility
- memphiscu.org/accounts/account-types/savings
- memphiscu.org/accounts/service…ered/share-account-rates
All captured Sep 18, 2026
Special Share Savings
0.15%APY
Membership eligibility applies.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceTiered interest rate of 0.15-0.30% APR / 0.15-0.30% APY. Minimum balance is None.Any balance | 0.15% | $15 | Tiered interest rate of 0.15-0.30% APR / 0.15-0.30% APY. Minimum balance is None. |
Sources (2)
All captured Sep 18, 2026
Special-purpose accounts
Accumulative IRA
1.00%APY
IRAs can be opened in Traditional, Roth, or Coverdell ESA. Membership eligibility applies.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceMinimum balance is None. Roth IRA has no account maintenance fee.Any balance | 1.00% | $100 | Minimum balance is None. Roth IRA has no account maintenance fee. |
Sources (3)
- memphiscu.org/join/membership-eligibility
- memphiscu.org/accounts/account-types/iras
- memphiscu.org/accounts/service…ered/share-account-rates
All captured Sep 18, 2026
Christmas Club
0.15%APY
Deposit anytime directly from paycheck or account. Funds automatically disbursed to savings account on the first of November. Membership eligibility applies.
| BalanceRequirement | APY | Earns on $10,000 a yearEarns | Requirement |
|---|---|---|---|
| Any balanceTiered interest rate of 0.15-0.30% APR / 0.15-0.30% APY. No minimum balance, no opening deposit requirement, and no monthly service fee applies.Any balance | 0.15% | $15 | Tiered interest rate of 0.15-0.30% APR / 0.15-0.30% APY. No minimum balance, no opening deposit requirement, and no monthly service fee applies. |
Who can join Memphis City Employees Credit Union
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.
Membership information collected October 5, 2026.