Charter 60239 · Memphis, TN
Memphis City Employees Credit Union
Memphis City Employees Credit Union is a state-chartered credit union in Memphis, Tennessee, with $503 million in assets and 44,232 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 14.48%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $503 million
- +4.9% in a year
- Members
- 44,232
- -1.1% in a year
- Net worth ratio
- 14.48%
- Peer median 10.79%
- Loans 60+ days late
- 0.63%
- Peer median 0.67%
- Loans outstanding
- $265 million
- -0.4% in a year
- Shares and deposits
- $420 million
- +4.5% in a year
- Branches
- 6
- 102 employees
- Opened
- 1959
- Tennessee charter
How Memphis City Employees Credit Union compares
NCUA groups credit unions by size; Memphis City Employees Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 14.48% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.63%, is about the same as the group median of 0.67%. Loans fell 0.4% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 16 of 125 credit unions headquartered in Tennessee. See all Tennessee credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $503 million | 44,232 | $265 million | 14.48% | 0.63% |
| Q1 2026 | $501 million | 44,001 | $263 million | 14.40% | 0.54% |
| Q4 2025 | $497 million | 44,002 | $267 million | 14.37% | 0.61% |
| Q3 2025 | $487 million | 43,798 | $266 million | 14.55% | 0.49% |
| Q2 2025 | $479 million | 44,718 | $266 million | 14.63% | 0.53% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 65,000 potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 7 sites for Memphis City Employees Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Avery
2608 Avery Ave, Memphis, TN 38112 - Mt. Moriah
2678 Mount Moriah Ter, Memphis, TN 38115 - Whitten
1900 Whitten Rd Ste 102, Memphis, TN 38133 - Stage
5751 Stage Rd, Bartlett, TN 38134 - Whitehaven
4135 Elvis Presley Blvd, Memphis, TN 38116 - Mt. Moriah Admin (main office)
2686 Mount Moriah Ter, Memphis, TN 38115 - Winchester
3617 Winchester Rd, Memphis, TN 38118
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology