Credit union · NCUA insured
Methodist Healthcare Federal Credit Union
A $47.1M credit union headquartered in Cordova, TN, with 5,431 members and 4 branches in Tennessee. Best rates: CDs 3.20% and savings 0.20% APY.
Methodist Healthcare Federal Credit Union Carrot Score
62
Carrot Score
Higher than 7% of U.S. banks and credit unions
#29 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 Methodist Healthcare Federal Credit Union
Methodist Healthcare Federal Credit Union was chartered in 1960 and has a mailing address in Cordova, Tennessee.
The credit union is a member-owned, not-for-profit financial cooperative chartered to serve the financial needs of Methodist Le Bonheur Healthcare associates.
- Headquarters
- 7130 Goodlett Farms Pkwy, Ste 105W, Cordova, TN 38016
- NCUA charter
- 13456
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Membership is available to eligible affiliates.
- Membership is available to Methodist Le Bonheur Healthcare associates.
Family and household
- Membership is available to immediate family members of eligible members.
Cost to join
- There is a one-time .25 cent membership fee.
- Opening a membership requires a share savings account with a minimum opening deposit of $5.25, with $5.00 remaining in the share account for good standing.
Branches
4 branches in Tennessee
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Tennessee
4 branches
- Germantown7691 Poplar Ave, Germantown, TN 38138Directions
- North3950 New Covington Pike, Memphis, TN 38128Directions
- South1300 Wesley Dr, Memphis, TN 38116Directions
- University1265 Union Ave, Memphis, TN 38104Directions
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 | 17.58% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 1.03% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.81% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $19 | $59 | — |
- CapitalNet worth ratio17.58%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late1.03%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.81%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$19Peers’ 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 Methodist Healthcare 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.