Charter 24831 · Memphis, TN
Orion Federal Credit Union
Orion Federal Credit Union is a federally chartered credit union in Memphis, Tennessee, with $1.30 billion in assets and 70,670 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 18.42%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as Orion Financial.
- Total assets
- $1.30 billion
- +1.8% in a year
- Members
- 70,670
- +4.1% in a year
- Net worth ratio
- 18.42%
- Peer median 10.79%
- Loans 60+ days late
- 0.55%
- Peer median 0.67%
- Loans outstanding
- $1.14 billion
- +9.2% in a year
- Shares and deposits
- $1.03 billion
- +1.9% in a year
- Branches
- 11
- 201 employees
- Opened
- 1957
- Federal charter
How Orion Federal Credit Union compares
NCUA groups credit unions by size; Orion Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 18.42% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 0.55%, is lower than the group median of 0.67%. Loans grew 9.2% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 8 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 | $1.30 billion | 70,670 | $1.14 billion | 18.42% | 0.55% |
| Q1 2026 | $1.30 billion | 69,342 | $1.09 billion | 18.42% | 0.56% |
| Q4 2025 | $1.28 billion | 68,213 | $1.08 billion | 18.62% | 0.97% |
| Q3 2025 | $1.29 billion | 67,877 | $1.06 billion | 18.70% | 0.55% |
| Q2 2025 | $1.28 billion | 67,904 | $1.05 billion | 18.80% | 0.60% |
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 1.3 million 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 12 sites for Orion Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Whitehaven
3155 Millbranch Rd, Memphis, TN 38116 - Raleigh
3118 Covington Pike, Memphis, TN 38128 - American Way
4805 American Way, Memphis, TN 38118 - Mid Town
1975 Union Ave, Memphis, TN 38104 - White Station
641 S White Station Rd, Memphis, TN 38117 - Germantown
335 S Walnut Bend Rd, Cordova, TN 38018 - Kate Bond
7845 Us Highway 64, Bartlett, TN 38133 - Hacks Cross
7960 Lowrance Rd, Memphis, TN 38125 - Collerville
310 New Byhalia Rd, Collierville, TN 38017 - ADMINISTRATION (main office)
400 Monroe Ave, Memphis, TN 38103 - Medical District Branch
821 Poplar Ave, Memphis, TN 38105 - Little Rock
1201 W 3Rd St, Little Rock, AR 72201
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