Memphis City Employees Credit Union Memphis TN

Introduction

Welcome to Memphis City Employees, where our commitment to serving you goes beyond just banking. Located at 2686 Mount Moriah Ter, Memphis, TN 38115, we have proudly supported our community since 1959. Our credit union is more than just a place for financial transactions; it's a supportive space designed for 44,177 members who rely on us for their financial needs. At Memphis City Employees, we understand that trust and reliability are essential. That's why our assets total an impressive $459,508,225, allowing us to provide robust financial services tailored to your unique requirements. We believe in empowering our members with the tools they need for success whether through loans, savings accounts, or personalized financial advice. Our leadership team is dedicated to fostering a member-focused environment. Under the guidance of CEO Kenneth Swann and Board President HettieAnn Spendlove, our team of 92 employees works tirelessly to ensure you receive exceptional service every time you visit. We are here to assist you during our operating hours from 8:00 AM to 4:00 PM, Monday through Friday. While our branch address serves as your go-to location, please note that all official correspondence should be directed to the same address: 2686 Mount Moriah Ter, Memphis, TN 38115. With a net worth of $68,508,706 and total deposits reaching $29,883,688, we maintain a solid financial foundation that benefits each member. Our commitment to keeping your money safe is unwavering. Join us today and discover how we can help you achieve your financial goals! For inquiries or assistance, feel free to reach us at 901-321-1200. Explore more about what we offer by visiting our website at www.memphiscu.org. Let's build a brighter financial future together!

Branch History & Mission

Community Impact

We take pride in being more than just a financial institution; we are an active participant in the Memphis community. Through partnerships with local organizations and outreach efforts aimed at improving financial literacy, we strive to make a positive impact beyond banking. Our team is committed to supporting initiatives that promote economic development and well-being in Memphis. In today's fast-paced world, your convenience matters to us. While we currently do not offer ATM services or drive-thru banking at this branch, we're always looking for ways to improve accessibility for our members.

Join Us

As we continue this journey together with you our valued members we invite you to become part of the Memphis City Employees family. Experience the benefits of personalized service and community-focused banking by joining us today! Visit our website or call us at 901-321-1200 for more information on how you can get involved and enjoy everything we have to offer. Your future starts here!

Our Evolution

Starting as a small credit union focused on serving city employees, we have evolved into a vital financial institution within our community. Throughout our journey, we have embraced change while remaining grounded in our core values. We prioritize building lasting relationships with our members by providing exceptional service and tailored financial solutions. As we grew, so did our commitment to innovation; we've integrated modern banking tools like online banking and mobile payments to enhance the member experience.

Our Mission

Our mission is straightforward: to provide reliable financial services that empower our members and uplift our community. We believe in making banking accessible and beneficial for everyone. This means offering competitive loan rates, robust savings options, and personalized support that meets each member's unique circumstances. Whether it's through auto loans or assisting with savings goals, we are dedicated to helping you achieve your financial dreams. While members can visit us at 2686 Mount Moriah Ter for all their banking needs during our operating hours from 8:00 AM to 4:00 PM Monday through Friday, official correspondence should be sent to the same address as it serves both as our branch and mailing address.

Branch Location & Accessibility

Welcome to Memphis City Employees, your friendly neighborhood credit union located at 2686 Mount Moriah Terrace in the heart of Memphis, TN. We are proud to serve our members in Shelby County and beyond with a convenient location that's easily accessible to everyone. Whether you're on your way to work or running errands, we're just a short drive away from popular landmarks like the Memphis Botanical Garden and the famous Graceland. At our branch, you'll find ample parking available, making it easy for you to pop in and take care of your banking needs. We prioritize accessibility for all our members, ensuring that our facilities meet ADA standards with ramps and other features designed for your comfort. Our lobby hours are designed to fit your busy schedule. We're open from 8:00 AM to 4:00 PM, Monday through Friday. So whether you need to discuss loan options or simply make a deposit, you can count on us being here when you need us. While we do not have ATM services or drive-thru banking at this location, our dedicated team is ready to assist you with all your financial needs inside the branch. If official correspondence is required, please send it to the same address as our branch: 2686 Mount Moriah Terrace, Memphis, TN 38115. Have questions? Feel free to give us a call at 901-321-1200. We look forward to welcoming you into our community and helping you achieve your financial goals!

Member Eligibility

At Memphis City Employees, we believe in creating a welcoming community where everyone can thrive. Becoming a member is easy and opens the door to a variety of financial benefits tailored just for you. To be eligible, you simply need to be an employee or retiree of the City of Memphis or related organizations. This means that if you work for the city or have a family member who does, you can join us! It's our way of supporting those who serve our community. For more detailed eligibility criteria, feel free to visit our website at http://www.memphiscu.org/who-we-are/membership . Once you're ready to take the next step, opening an account with us is straightforward and hassle-free. You can find all the information you need about account openings at http://www.memphiscu.org/our-products/loans/auto-loans . If you have any questions or want to chat about membership benefits, don't hesitate to call us at (901) 321-1200. We're excited to welcome you into the Memphis City Employees family and help you achieve your financial goals!

Business Banking & Commercial Services

Financing Your Growth

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. Additionally, 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.

Merchant Services That Matter

Imagine having a payment processing solution that fits your business's needs perfectly. Our merchant services help you accept payments easily and securely, allowing you to focus on what you do best running your business. Whether it's in-store or online transactions, we provide the tools that help streamline your sales processes. Explore how our tailored services can empower your business at 2686 Mount Moriah Ter Memphis Tn 38115 in Memphis, TN. Connect with us today at (901) 321-1200 and take the first step toward growing your business!

Comprehensive List Of Services

Banking Made Easy

In today's fast-paced world, convenience is key. That's why we offer ATM Services Only, ensuring that you have easy access to your funds whenever you need them. Whether you're making a quick withdrawal or checking your balance, our ATM services are designed for your ease and comfort.

Digital Access Anytime, Anywhere

For those who prefer banking from the comfort of home, our digital banking features offer a hassle-free experience. With online banking, you can manage your accounts at any time without having to visit us in person. Pay bills, transfer money, and monitor your spending effortlessly from your computer or smartphone. Additionally, our mobile application allows you to access your accounts on-the-go, making it easier than ever to stay on top of your finances.

Get in Touch

If you're interested in learning more about how Memphis City Employees can support your financial journey, don't hesitate to reach out! You can contact us at (901) 321-1200 during our lobby hours from 8:00 AM to 4:00 PM Monday through Friday. We're here to assist you with any questions or concerns you may have. Join us at Memphis City Employees, where we prioritize your financial well-being and strive to make banking a positive experience for everyone in the Memphis community. Visit our website at https://www.memphiscu.org/ for more information on all our services!

Member-Centric Approach

We understand that each member has unique financial needs. Our goal is to provide tailored solutions that fit various lifestyles and situations. Whether you're looking for budgeting tools or assistance with savings plans, our knowledgeable staff is here to help guide you every step of the way.

Digital & Online Banking

In today's busy world, having access to your finances at your fingertips is essential. At Memphis City Employees, we understand that convenience and security are key when it comes to managing your money. That's why we offer a comprehensive suite of digital and online banking services designed to make your life easier. With our online banking services, you can check your account balance, pay bills, and transfer funds anytime, day or night. Our 24/7 online banking ensures that you have the freedom to manage your finances when it suits you best. Plus, with features like e-statements available, keeping track of your financial activities has never been simpler. For those on the go, our mobile application provides a user-friendly interface that makes banking easy from your smartphone. You can enjoy mobile payments right from the app, allowing you to make purchases quickly and securely. Want to send money to a friend? Our person-to-person transfer feature lets you do just that in just a few taps. We take your security seriously too. While we currently do not support electronic signature authorization, we employ other robust measures to protect your personal information and transactions. At Memphis City Employees, we aim for accessibility and ease-of-use with every service we provide. Whether you're checking your balance during a lunch break or making a payment while waiting in line, our digital banking options are designed for real-time account management that fits into your lifestyle seamlessly. Experience the convenience of modern banking with us today!

Financial Strength

Commitment to Growth

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 is evident with $3,707 in used auto loans and $262,590,252 in total loans and leases supporting our members' financial goals across various sectors.

Growing Membership

Total Share and Deposit Accounts stand at 80,009, showing a strong and growing member base that trusts us with their finances. Net Shares (funds available for lending and investments) amount to $2,019,779, further demonstrating our commitment to helping you achieve your financial goals. 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 2686 Mount Moriah Ter Memphis Tn 38115 or call (901) 321-1200 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

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 Options

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 Foundation

With a net worth of $68,508,706, we maintain robust 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. Whether you're interested in financing a brand-new model or a reliable used vehicle, we are here to help you navigate your options.

Credit Lines

If you need access to funds but aren't sure how much you'll need, our credit lines totaling $67,000,000 provide you with flexibility and convenience. You can draw on these funds as needed while only paying interest on what you use. For business owners looking for growth opportunities, we have outstanding commercial loans available that can provide essential capital for expansion. If you're considering refinancing your existing loans or checking your eligibility for any of our products, feel free to reach out. Our team at Memphis City Employees is dedicated to finding solutions tailored specifically for you. You can visit us at 2686 Mount Moriah Ter, Memphis TN 38115, or give us a call at 901-321-1200 during our operating hours from 8:00 AM to 4:00 PM Monday through Friday. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Explore how our loan products can fit into your life today!

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 provide clear terms and competitive rates to support you through every step of the process.

Unsecured Credit Card Loans

Managing everyday expenses can be challenging. 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. This option is perfect for those looking to consolidate debt or cover unexpected costs without the need for collateral.

Loan Aggregator

Accurate Loan 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 rigorous sourcing ensures that users receive fair and transparent offers, giving them confidence in their choices.

Key Benefits of Using LendMesh

- Verified Data: All loan offers are sourced from legitimate financial institutions, ensuring transparency and reliability in every comparison. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions. Our goal is to provide unbiased results that reflect the true market landscape. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates across multiple institutions, enabling them to make well-informed decisions quickly. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This testimonial highlights the effectiveness of the platform in helping consumers secure better financial options. Compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

MEMPHIS CITY EMPLOYEES CREDIT UNION - Memphis, TN