Memphis City Employees Credit Union Memphis TN | Affordable Auto Loans & Business Banking

Introduction

Welcome to Memphis City Employees, where community and financial well-being come together! Located at 2678 Mount Moriah Ter, Memphis, TN 38115, our credit union has been serving members since 1959. With a commitment to providing personalized banking solutions, we are proud to support over 44,177 members while managing assets totaling an impressive $459,508,225. At Memphis City Employees, we understand that every dollar counts. That's why we offer a variety of services tailored to meet your needs from checking and savings accounts to auto loans and more. With total loans reaching 24,902, our team is dedicated to helping you achieve your financial goals. Our total deposits currently stand at $29,883,688, a testament to the trust our members place in us. Our leadership team is here for you. Under the guidance of our CEO, Kenneth Swann, and Board President, HettieAnn Spendlove, we strive to create a welcoming environment where everyone feels valued. We also have a dedicated staff of 92 employees ready to assist you with any inquiries or services you need. While members can visit us at the branch for all their banking needs, official correspondence should be sent to our mailing address: 2678 Mount Moriah Terr, Memphis, TN 38115-1609. We invite you to explore how we can help you thrive financially. Whether you're looking for competitive loan options or reliable banking services, we're just a phone call away at 901-360-1818. Visit us online at memphiscu.org for more information or to start your journey with us today!

Branch History & Mission

Commitment to Innovation

In an ever-changing world, we embrace technology to better serve you. With features like online banking and mobile payments, managing your finances has never been easier or more convenient. Our branch is ADA compliant and equipped with both ATM access and drive-thru services for added convenience.

Community Engagement

As a part of the Memphis community, we believe in giving back. Through various outreach programs and partnerships with local organizations, we aim to make a positive impact in the lives of those around us. We understand that a strong community supports its members this belief drives us every day. Join us at Memphis City Employees! Experience firsthand how we can help you achieve your financial goals while being an active part of a caring community. Visit us today or call us at 901-360-1818 for more information about how we can assist you on your financial journey!

Our Journey

From our humble beginnings, Memphis City Employees has grown significantly. We started with a vision to empower local residents through accessible financial services. Over the years, we have expanded our offerings and now boast total assets exceeding $459 million. This growth reflects not just our commitment to sound financial practices but also the trust our members place in us. Our branch is conveniently located at 2678 Mount Moriah Ter, Memphis, TN 38115, easily accessible for all who wish to visit. Whether you're coming from nearby landmarks or simply traveling through the city, you will find us ready to assist you with your banking needs. If you need to send official correspondence, please use our mailing address: 2678 Mount Moriah Terr, Memphis, TN 38115-1609.

Our Mission

At Memphis City Employees, our mission is simple yet profound: we strive to enhance the financial well-being of our members while contributing positively to our community. We offer a wide range of services including personal banking accounts, auto loans, mortgage loans, credit cards with rewards, and business banking solutions. Our focus extends beyond transactions; we are dedicated to building lasting relationships with each member. We understand that everyone's financial journey is unique. That's why we take pride in offering tailored solutions that meet individual needs. Our team is committed to being there every step of the way helping you navigate your financial choices with confidence.

Branch Location & Accessibility

Welcome to the Memphis City Employees branch, conveniently located at 2678 Mount Moriah Ter in the vibrant city of Memphis, TN. Our branch is situated near local landmarks, making it easy for you to stop by while going about your day. Whether you're heading to a nearby shop or visiting friends in the area, we're just a stone's throw away! Our branch is designed with accessibility in mind. You'll find ample parking available, and we ensure that our facilities are ADA compliant, making it easy for everyone to visit us. We also offer drive-thru banking for quick transactions without leaving your vehicle. We understand that your time is valuable, which is why we have flexible operating hours. You can visit us Monday through Wednesday from 8:00 AM to 4:00 PM, and on Thursday and Friday, our lobby stays open until 5:00 PM while the drive-thru remains available until 6:00 PM. This way, you can choose a time that fits your schedule best. For those who prefer digital banking solutions, we provide ATM services so you can access your funds anytime. If you have questions or need assistance with any of our services like personal banking options or auto loans don't hesitate to give us a call at 901-360-1818. While members can visit us at 2678 Mount Moriah Ter Memphis Tn 38115, official correspondence should be sent to 2678 Mount Moriah Terr, Memphis, TN 38115-1609. We're excited to serve our community and invite you to come experience all that Memphis City Employees has to offer!

Member Eligibility

At Memphis City Employees, we believe that joining our community is not just about opening an account; it's about becoming part of a supportive family that cares for your financial well-being. To become a member, you'll need to meet some friendly eligibility criteria. If you're an employee of the City of Memphis or a member of their immediate family, you're already on your way! We also welcome other individuals who live, work, or worship in our service area. For a detailed look at all the specific requirements and to ensure you qualify, feel free to visit our membership page at http://www.memphiscu.org/who-we-are/membership . Once you confirm your eligibility, opening an account with us is simple and straightforward. You can easily start the process by visiting our account opening section at http://www.memphiscu.org/our-products/loans/auto-loans or give us a call at (901) 360-1818 if you have any questions. Our team at Memphis City Employees, located at 2678 Mount Moriah Ter Memphis Tn 38115, is excited to help you take this important step toward securing your financial future!

Business Banking & Commercial Services

Merchant Services That Make Life Easier

Imagine having a reliable partner that simplifies your payment processing so you can focus on what you do best running your business. Our merchant services offer user-friendly solutions tailored to fit your operation, whether it's accepting credit cards or managing transactions online. This means more time for you to connect with customers and grow your brand. Ready to elevate your business? Visit us at 2678 Mount Moriah Ter Memphis Tn 38115 in Memphis, TN, or call us at (901) 360-1818 to learn how we can assist you today!

Tailored Business 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

ATM & Drive-Thru Services

We also recognize the importance of accessibility when it comes to cash management. Our ATM services allow for easy withdrawals and balance checks without stepping inside the branch. Additionally, our drive-thru banking services are perfect for quick deposits or withdrawals when you're on the go. At Memphis City Employees, we want to be more than just a place where you bank; we want to be your trusted financial partner. With our range of services tailored for both personal and business needs, along with convenient digital access, we are committed to serving you better. If you're ready to explore all that we have to offer or if you have any questions about our services, don't hesitate to give us a call at 901-360-1818. Visit us today at 2678 Mount Moriah Ter in Memphis or check out our website at memphiscu.org for more information!

Business Banking

For business owners in the community, Memphis City Employees offers essential banking services designed for growth and efficiency. Our business banking solutions include merchant services that simplify transactions and business loans that provide the capital needed to expand or stabilize operations.

Digital Banking Convenience

In today's fast-paced world, convenience is key. That's why we've invested in online and mobile banking features that allow you to manage your accounts from anywhere. Whether it's checking your balance, transferring funds, or paying bills, our digital platforms ensure you have access whenever you need it.

Personal Banking

When it comes to personal banking, we offer a variety of services that can fit your lifestyle. You can open checking and savings accounts that help you manage your everyday finances effectively. If you're considering purchasing a new vehicle, our auto loans and vehicle financing options make it simple to get behind the wheel without breaking the bank. For those looking to invest in their dream home, we provide mortgage loans and refinancing options tailored to your financial situation. Sometimes life throws unexpected expenses your way, and that's where our personal loans and debt consolidation services come into play. We understand that managing finances can be challenging, so we're here to offer support when you need it most. Plus, our credit cards with rewards allow you to earn benefits while making purchases.

Digital & Online Banking

Key Features for Your Convenience

Our online banking service allows you to keep track of your accounts in real-time. You can easily check balances, transfer funds, and pay bills without stepping foot in the branch. And if you're on the go, our mobile application ensures that all these features are right at your fingertips. Whether you're commuting or enjoying a weekend getaway, managing your money has never been easier. When it comes to sending money to friends or family, our person-to-person transfer feature makes it simple and quick. Just a few taps on your phone, and you're done! Plus, if you prefer going paperless, we provide e-statements so you can view your account statements online saving trees and keeping things tidy.

Security You Can Trust

We know that safety is a top priority when it comes to banking. Our systems are designed with robust security measures to protect your information and transactions. While we do not offer electronic signature authorization at this time, rest assured that all your online interactions are secure. In addition to secure access, our mobile payments feature allows you to make purchases directly from your smartphone giving you another layer of convenience while shopping. With Memphis City Employees, banking digitally doesn't mean sacrificing personal touch or security; it means empowering you with tools that help you manage your money effectively. For more information on how our digital services can benefit you, visit us at https://www.memphiscu.org/ today!

Financial Strength

Commitment to Growth and Innovation

With $65,669,965 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $3,707 in used auto loans and $262,590,252 in total loans and leases.

Member Trust

Total Share and Deposit Accounts stand at 80,009, showing a strong and growing member base that trusts us with their finances. Net Shares available for lending and investments amount to $2,019,779, further illustrating our commitment to your financial well-being. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Memphis City Employees is your trusted partner. Visit us at 2678 Mount Moriah Ter Memphis Tn 38115 or call (901) 360-1818 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our $1,456,964 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 86 full-time employees and 6 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Opportunities

Members' savings are secured through $56,797,188 in share certificates and $44,479,086 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $259,359, 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 $68,508,706, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,491 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 $65,363,054 in used vehicle loans and $23,307,183 in new vehicle loans already helping members get on the road. We also provide refinancing options to help lower your monthly payments and make your car more affordable.

Credit Lines

For those who need a bit more flexibility in their budgeting or spending habits, our total credit lines amount to $67,000,000. These lines of credit are there when you need them most whether it's unexpected expenses or planned purchases. We believe that financial empowerment starts with access to affordable lending solutions. For any questions about eligibility or our refinancing options, feel free to reach out at 901-360-1818 or visit our website at Memphis City Employees. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Let us help you navigate your financial journey with confidence!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $12,662,764, make buying or refinancing simple. We strive to guide you through each step of the process so that you feel confident and informed.

Unsecured Credit Card Loans

Managing everyday expenses can be challenging. That's why we also offer flexible terms on unsecured credit card loans. With a total of $13,071,707 in loans helping members manage their finances effectively, these cards are designed to fit into your lifestyle without breaking the bank.

Loan Aggregator

Benefits of Using LendMesh

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How LendMesh Ensures Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This commitment to accuracy ensures that you receive fair and transparent offers tailored to your financial needs.

MEMPHIS CITY EMPLOYEES CREDIT UNION