Member Eligibility
At Knoxville Tva Employees, we believe that everyone deserves a financial partner who truly cares. Joining our community is simple and welcoming, allowing you to enjoy the many benefits that come with membership. To become a member, you typically need to live, work, worship, or attend school in the area we serve, which includes Powell and the surrounding communities. We invite individuals who share our values and commitment to financial well-being to join us. For more specific details on eligibility requirements, feel free to check out our resource. Once you're ready to open an account, the process is straightforward! You can easily get started by visiting us at our branch located at 7515 Central Avenue Pike Powell Tn 37849 or give us a call at (865) 544-5400 for assistance. Our friendly team is here to guide you through every step of the way. Becoming a member of Knoxville Tva Employees means gaining access to personalized services and resources designed with your needs in mind. We can't wait to welcome you into our family!
Financial Strength
At Knoxville Tva Employees, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share insights into our financial strength, which reflects our commitment to serving you well. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $455,296,698, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 10.14% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $1,343,892,392 in share certificates and $715,436,971 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $55,571,090, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $398,076,620 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity supports members' financial goals across various sectors with $15,471 in used auto loans and a total of $3,789,339,338 in loans and leases. Our operational efficiency is evident with a net income of $47,478,629, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 625 full-time employees and 28 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable team. With net shares available for lending and investments totaling $75,040,666 and a growing member base reflected in our 644,456 total share accounts, it's clear that Knoxville Tva Employees is a credit union built on trust and reliability. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Knoxville Tva Employees is your trusted partner. Visit us at 7515 Central Avenue Pike Powell TN 37849 or call 865-544-5400 to learn more about how we can help you achieve your financial goals.
