Fedtrust Memphis TN Credit Union | Affordable Auto Loans & Business Banking

Introduction

Welcome to Fedtrust, your trusted financial partner in the heart of Memphis, TN. Located at 167 N Main St Ste 102, our branch has been serving our community since 1959, and we are proud to have built a strong foundation of trust with our members over the years. With a total membership of 3,056, we focus on delivering personalized financial services that cater to your needs. At Fedtrust, we understand the importance of community support and strive to make a positive impact through our various banking solutions. Our total assets amount to an impressive $50,621,711, reflecting our commitment to stability and growth. Currently, we hold $116,017 in deposits and manage a robust loan portfolio of 1,966 loans, ensuring that we can assist you whether you're looking for personal loans, auto financing, or business services. We are led by our dedicated CEO, Christina Smith, and Board President, David Sirmans, who embody our values of integrity and excellence. Together with our team of 12 employees, we are here to offer you exceptional service during our lobby hours from Monday to Friday, 9:00 AM to 4:00 PM. While members can visit us at our branch for all their banking needs, official correspondence should be sent to the same address: 167 N Main St., Ste 102, Memphis, TN 38103-1867. Explore more about what we offer by visiting our website at Fedtrust FCU. We invite you to join us on this journey towards financial well-being because at Fedtrust, your success is our priority! If you have any questions or need assistance, feel free to call us at 901-526-6778 today!

Branch History & Mission

Commitment to Innovation

As times change, so do we. At Fedtrust, we embrace modern technology while ensuring our services remain user-friendly. Enjoy convenient online banking options like mobile payments and person-to-person transfers. We are proud to be ADA compliant, ensuring accessibility for all our members.

Community Engagement

Our involvement doesn't stop at banking; we participate in local events and initiatives aimed at making Memphis a better place for everyone. From supporting local charities to hosting workshops on financial wellness, we are dedicated to being an integral part of this vibrant community. Join us today and experience the difference that a member-focused credit union can make in your life. We invite you to become part of the Fedtrust family! For any inquiries or assistance, feel free to call us at 901-526-6778 during our operating hours from Monday to Friday, 9:00 AM - 4:00 PM. Together, let's build a brighter financial future! Visit us or check out our website at fedtrustfcu.com for more information on how you can join our mission.

Our Mission

At Fedtrust, we believe in the power of community. Our mission is not just about providing financial products but also about fostering growth and prosperity among our members. We aim to offer personalized banking solutions that cater to your unique needs whether it's opening a checking account, securing an auto loan, or finding the right mortgage plan. We strive to create a welcoming environment where every member feels valued and supported. Our commitment goes beyond traditional banking; we actively engage in community outreach efforts and partnerships that uplift those around us. By focusing on education and financial literacy, we empower our members to make informed decisions for their future.

Branch Location & Accessibility

Accessibility Features

At Fedtrust, we prioritize accessibility for all our members. Our branch complies with ADA standards and features ramps and wide doorways to accommodate everyone comfortably. We want to make your banking experience as smooth as possible!

Convenient Location

Located just a stone's throw away from popular local landmarks, our branch is nestled in a vibrant area that's perfect for quick visits. Whether you're running errands or on your way to work, stopping by Fedtrust is easy. Plus, we offer ample parking options nearby, ensuring you can find a spot without hassle.

Get in Touch

We invite you to visit us at Fedtrust today! Feel free to call us at 901-526-6778 if you have any questions or would like more information about our services. Experience personalized banking where your needs come first!

Operating Hours

We're here for you during the week! Our lobby hours are Monday through Friday from 9:00 AM to 4:00 PM. Whether you need assistance with opening an account, applying for a loan, or simply have questions about our services, our friendly staff is ready to help.

Services Offered

Fedtrust offers a range of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage financing, we've got you covered. We also provide online and mobile banking services for added convenience, so you can manage your finances on the go. If you're looking for an ATM, you'll be pleased to know that we have one available on-site for quick cash withdrawals and balance checks. While we don't currently offer drive-thru banking or shared service center options, our dedicated team is always on hand inside the branch to assist you.

Member Eligibility

Becoming a member of Fedtrust feels like joining a caring family that truly values your financial well-being. If you live, work, or worship in the Memphis area, you're likely eligible to join us! We welcome individuals who share our commitment to community and mutual support. To find out more about the specific eligibility criteria, feel free to check our detailed guidelines at https://fedtrustfcu.com/membership. Once you're ready to take the next step, opening an account with us is simple and straightforward. You can easily start your membership journey by visiting our account opening page at https://loans.itsme247.com/853/home. If you have any questions or need assistance, don't hesitate to give us a call at (901) 526-6778. We're excited to welcome you into the Fedtrust family at 167 N Main St Ste 102 Memphis Tn 38103, where your financial goals can thrive!

Business Banking & Commercial Services

Merchant Services That Work for You

In addition to lending, we offer robust merchant services designed to simplify your daily operations. Imagine having the ability to accept payments seamlessly, allowing you more time to focus on what you do best running your business. Our services are tailored to meet the unique needs of local entrepreneurs right here in Memphis, TN. Visit us at 167 N Main St Ste 102 Memphis Tn 38103 or give us a call at (901) 526-6778 to learn how we can help you achieve your business goals today!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking Support

For our business members, we offer merchant services and business loans tailored to support growth and operational needs. Your success is important to us, and we aim to provide the financial tools necessary for your business ventures.

Connect with Us

Are you ready to take control of your financial journey? Visit Main today or check out our services at our website to learn more about how we can serve you better! Join our community of satisfied members who trust Fedtrust for all their financial needs!

Convenient Access Anytime

At Fedtrust, convenience is key. We have ATM access available for quick cash withdrawals and balance checks whenever you need them. Plus, with our commitment to digital banking through online platforms and mobile applications, accessing your accounts has never been easier. You can even send money directly to friends or family through our person-to-person payment service. Our branch is located at 167 N Main St Ste 102 Memphis Tn 38103, and we're just a phone call away at (901) 526-6778. We invite you to visit us during our lobby hours from Monday through Friday between 9:00 AM and 4:00 PM for personalized assistance.

Financial Flexibility

We also recognize that life can throw unexpected challenges your way. That's why we provide personal loans for debt consolidation or other financial needs. These loans can help simplify your monthly payments and reduce stress. Credit cards with rewards are another fantastic way to manage your spending while earning benefits. Whether you're dining out or shopping online, every purchase can bring you closer to exciting rewards.

Personal Banking Solutions

Starting with personal banking, we offer checking and savings accounts designed to help you manage your daily expenses while also saving for future goals. Our members enjoy easy access to their funds through online and mobile banking, allowing you to check balances, transfer money, and pay bills from the comfort of your home or on the go. If you're considering purchasing a vehicle, our auto loans and vehicle financing options make it simple and affordable. With competitive rates and flexible terms, we're here to help you drive away in the car you've always wanted. For those interested in homeownership or refinancing their current mortgage, our mortgage loans are crafted to fit various budgets and lifestyles.

Digital & Online Banking

Key Features

With our user-friendly mobile application, you can easily manage your accounts right from your smartphone. Need to pay a friend? Our person-to-person transfer feature makes it simple to send money instantly, making transactions hassle-free. Plus, with mobile payments enabled, you can make purchases directly from your phone no need to carry cash or cards. For those who prefer a paperless approach, we offer electronic signature authorization and e-statements, allowing you to handle documents and statements securely without the clutter. This not only saves trees but also makes accessing your financial information quicker than ever. Our commitment to security means that every transaction is protected with advanced measures, giving you peace of mind while you bank online. You'll find it easy to monitor your accounts in real time, ensuring you always know where your money is going. Experience the freedom of banking on your terms with Fedtrust's digital services. With everything from checking balances to applying for loans available at your fingertips, managing your finances has never been more accessible or efficient. Join us today and take advantage of our innovative online banking solutions!

Financial Strength

Growing Member Base

Total Share Accounts: 6,483, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $63,487 further highlights our commitment to supporting your financial journey. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Fedtrust is your trusted partner. Visit us at 167 N Main St Ste 102 Memphis Tn 38103 or call (901) 526-6778 to learn more about how we can help you achieve your financial goals.

Investing in Our Members

With $3,453,652 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust; with $545 in used auto loans and $42,456,439 in total loans and leases, we support our members' financial goals across various sectors.

Operational Efficiency

Our commitment to operational efficiency is reflected in our $76,880, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 12 full-time employees and 0 part-time employees who are always ready to serve you with a knowledgeable, committed team.

Secure Savings Options

Members' savings are secured through $14,831,758 in share certificates and $3,103,492 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Health

With a net worth of $3,767,085, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 7.43% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $11,524,655 in used vehicle loans and $3,331,243 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates for both new and used vehicles, making it easier for you to drive away with confidence.

Credit Lines and Refinancing

For those seeking additional flexibility, our total credit lines reach $3,000,000. This option allows you to access funds as needed while only paying interest on what you use. Additionally, if you're considering refinancing existing loans, we can help evaluate your options to see how much you could save. Our dedicated team at Fedtrust, located at 167 N Main St Ste 102 Memphis Tn 38103, Memphis, TN, is here to guide you through every step of the lending process. If you have questions or need assistance, feel free to call us at (901) 526-6778 during our operating hours from Monday to Friday, 9:00 am - 4:00 pm. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. At Fedtrust, we're committed to providing our members with transparent and accessible financial solutions tailored just for you.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $4,183,635, make buying or refinancing simple. We offer various mortgage products tailored to fit your lifestyle and budget, ensuring you find the right solution for your home financing needs.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $924,291 in loans helping members manage their finances effectively. Our credit cards come with rewards and benefits that fit your spending habits, giving you more value for every dollar spent.

Loan Aggregator

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FEDTRUST FEDERAL CREDIT UNION - Memphis, TN

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