Credit union · NCUA insured
MMEFCU Savings Rates
MMEFCU’s best savings rate is 0.15% APY on $10,000, with its Money Market. Rates checked October 15, 2026.
How MMEFCU’s savings rates compare
Compared with banks and credit unions near Memphis, TN-MS-AR, where MMEFCU has the most branches. $10,000, best rate first.
This credit union’s best
MMEFCU
0.05%APY
- Requires
- None
- Minimum
- —
- Earns on $10,000 a year
- $5
Regular Savings
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
MMEFCU savings score
66
Savings score
Higher than 16% of U.S. banks and credit unions
- $1,000 balance$1,0000.05%
- $10,000 balance$10,0000.15%
- $100,000 balance$100,0000.15%
- QualifiedQualified0.15%
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 MMEFCU 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.
Money Market
0.15%APY · 1 term
| Term | APY | Earns on $10,000Earns |
|---|---|---|
| 6 monthsTerm: 26 Weeks | 0.15% | $7 |
Sources (1)
- mmefcu.org/rates.html · captured Oct 5, 2026
Regular Savings
0.05%APY
Share Savings Account that pays back dividends quarterly upon enrollment in credit union membership.
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $499 | 0.00% | — |
| $500 and up | 0.05% | $5 |
Special Savings
0.05%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $499 | 0.00% | — |
| $500 and up | 0.05% | $5 |
Sources (1)
- mmefcu.org/rates.html · captured Sep 18, 2026
Special-purpose accounts
Christmas Club
0.00%APY
| Balance | APY | Earns on $10,000 a yearEarns |
|---|---|---|
| Up to $499 | 0.00% | — |
| $500 and up | 0.00% | $0 |
Sources (3)
All captured Sep 18, 2026
Who can join MMEFCU
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Employees of NIDEC Motor Corporation, Regional One Health, Hi-Speed Electrical, or Family Home Health Agency are eligible for membership.
Military, government and schools
- Employees of City of Memphis, Memphis-Shelby County Airport Authority, Memphis Housing Authority, or Shelby County Government are eligible for membership.
Family and household
- Immediate family members (defined as spouse, children, parents, grandparents, grandchildren, brothers, and sisters) of eligible individuals are eligible for membership.
Other ways
- A Christian of any denomination is eligible for membership.
Cost to join
- Eligibility through Christian affiliation requires a minimum deposit of $30.00, including a non-refundable Christian Benevolent fee of $16.00, a membership fee of $9.00, and a minimum deposit of $5.00.
- Eligibility through sponsor employment requires a minimum deposit of $14.00, consisting of a non-refundable membership fee of $9.00 and a minimum share savings deposit of $5.00.
Membership information collected October 5, 2026.