Memphis Municipal Employees CU

Introduction

Welcome to memphis-municipal-employees, a trusted financial institution that has proudly served the Memphis community since its establishment in 1963. Under the leadership of CEO Delphine Price and Board President Charlette Johnson, we are dedicated to empowering our members through exceptional financial services and a member-first approach. Our headquarters, located in the heart of Memphis, TN, reflects our commitment to accessibility and trust in every interaction we have with our valued members.

As an NCUA-insured credit union since 1/3/1972 0:00, we prioritize the security and peace of mind of all our members. We offer a variety of modern banking tools designed to enhance your experience, including convenient online banking, a user-friendly mobile application, person-to-person transfers, e-statements, and more. At memphis-municipal-employees, we believe in fostering financial empowerment within our community by providing essential services such as personal loans, auto financing, and business banking solutions. For more information about how we can serve your financial needs, visit us at https://www.mmefcu.org/ or reach out via fax at (901) 528-2826.

Financial Services

At Memphis Municipal Employees Federal Credit Union, we are dedicated to providing a comprehensive range of financial services tailored to meet the unique needs of our members. From personal banking solutions such as checking and savings accounts to specialized services like auto loans, mortgage loans, and credit cards with rewards, we ensure that every member has access to the tools they need for financial success. Our commitment extends to business banking as well, offering merchant services and business loans designed to help small businesses thrive. With our online banking platform and mobile application, managing your finances has never been easier. Enjoy seamless person-to-person transfers and e-statements that empower you to stay on top of your financial health at all times.

We understand that life is full of milestones and unexpected events, which is why our services are crafted to help you navigate through them effortlessly. Whether you're planning for a new vehicle or consolidating debt, our range of personal loans offers flexibility and support. Membership is open to those who qualify, and you can find more information about eligibility at http://www.mmefcu.org/membership-join-us.html. Additionally, for those looking to explore loan options or compare rates, we encourage you to visit https://www.lendmesh.com/loans/personal_loans for valuable insights. If you have any questions or need personalized assistance, feel free to reach out via fax at (901) 528-2826. At Memphis Municipal Employees Federal Credit Union, we're here to support your financial journey every step of the way.

Financial Highlights

In today's dynamic financial landscape, Memphis Municipal Employees Credit Union stands out as a trusted and valuable partner for its members. With a committed membership base of 3,075, this credit union has been dedicated to serving the Memphis community since its establishment in 1963. The institution boasts impressive financial stability, reflected in its total assets of 15,339,486 and a solid net worth of 3,115,296. This foundation is critical in ensuring that members can rely on their credit union for all their financial needs.

The performance metrics illustrate a strong commitment to responsible lending and prudent management. Although the net income currently shows a figure of -84,138, it is important to note the credit union's resilience through challenges. With total deposits amounting to 1,143,758 and loans and leases totaling 1,321, Memphis Municipal Employees Credit Union demonstrates a robust ability to facilitate personal and business financing, while also fostering growth within the community.

Furthermore, with a net worth ratio of 2,028, the credit union exemplifies sound financial health, ensuring that members' investments are safeguarded. The volume of credit card loans at 770 and auto loans at 254 showcases the variety of products available, tailored to meet diverse member needs. While commercial loans currently stand at 0, this indicates potential for future growth in business lending.

The dedicated team at Memphis Municipal Employees Credit Union, comprising 9 employees, works tirelessly to provide exceptional service, reinforcing trust among members. Their commitment to transparency and member-focused service positions them as not just a financial institution but as an integral part of the community fabric.

Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov. For those looking to explore their financing options further, compare real-time loan offers today at https://www.lendmesh.com/loans/personal_loans and find the best rates for your needs.

Introduction

Financial Services

Financial Highlights

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