Shelby County Credit Union Memphis TN | Low Mortgage Rates & Business Banking

Introduction

Welcome to Shelby County Federal Credit Union, your trusted financial partner since 1961. Located at 160 N Main St Ste 401, Memphis, TN 38103, our credit union has grown into a vital part of the community, proudly serving over 10,582 members. With total assets of $89,461,056 and total deposits reaching $14,035,859, we are committed to providing personalized banking solutions that cater to your unique needs. Under the leadership of our dedicated CEO, Raffael Crockett, and Board President Lisa Wimberly, we strive to create a welcoming environment where you can achieve your financial goals. Our friendly team of 25 employees is always ready to assist you with everything from checking and savings accounts to auto loans and personal financing. While members can visit us at our branch location for all their banking needs, official correspondence should be sent to our mailing address: 160 N Main, Suite 401, Memphis, TN 38103-1866. At Shelby County Federal Credit Union, we believe in building lasting relationships with our members. With a net worth of $13,546,969 and cash in hand totaling $865,086, we maintain a strong foundation that supports our commitment to community engagement and member satisfaction. Whether you're looking for competitive loan options or robust savings plans, we're here to help you every step of the way. We invite you to explore our services further by visiting our website at shelbycountycu.com or giving us a call at 901-930-0757. Join us today and discover how we can help you thrive financially!

Branch History & Mission

At Shelby County Federal Credit Union, we pride ourselves on a rich history that dates back to our founding in 1961. Located at 160 N Main St Ste 401, Memphis, TN 38103, we have grown alongside our community, evolving from humble beginnings into a trusted financial partner for over 10,582 members. Our journey reflects a commitment to providing accessible financial services while fostering strong relationships within the community. From the start, our mission has been clear: to improve the financial well-being of our members by offering personalized service and a range of banking solutions. We believe that everyone deserves the opportunity to achieve their financial goals, and we strive to empower our members through education and support. This mission drives us daily as we continue to serve with integrity and dedication. Over the years, Shelby County FCU has achieved remarkable milestones. With total assets now exceeding $89 million, we've maintained a focus on stability and growth, ensuring that we can meet the needs of our members effectively. Our services include personal banking, auto loans, mortgage options, credit cards with rewards, and business banking solutions. We embrace technological advancements like online and mobile banking to make transactions easier for our members while ensuring compliance with ADA standards. Though our physical branch does not feature an ATM or drive-thru service at this time, we prioritize member convenience through various digital options such as mobile payments and online banking. While members can visit us at 160 N Main St Ste 401, official correspondence should be sent to 160 N Main, Memphis, TN 38103-1866. Community outreach is at the heart of what we do. We actively engage in partnerships that benefit local initiatives and support those in need. Whether it's sponsoring local events or providing educational workshops, we are dedicated to making a positive impact in Memphis and surrounding areas. As we look toward the future, we invite you to become part of our growing family at Shelby County Federal Credit Union. Experience firsthand how we can help you navigate your financial journey. Visit us during our lobby hours from 8:30 a.m. to 4:00 p.m., Monday through Friday, or reach out via phone at 901-930-0757. Join us today and let's build a brighter financial future together!

Branch Location & Accessibility

Welcome to Shelby County Federal Credit Union, your friendly neighborhood financial partner located at 160 N Main St Ste 401 in the heart of Memphis, TN. Nestled near popular spots like the historic Peabody Hotel and the vibrant Beale Street, our branch is conveniently accessible for all your banking needs. Whether you're stopping by for a quick visit or looking to establish a lasting relationship with us, we are here to serve you. At Shelby County Federal Credit Union, we prioritize accessibility. Our location features ADA-compliant entrances and ample parking nearby, ensuring that everyone can visit us with ease. If you need assistance, our dedicated team is always ready to help. Our lobby hours are designed to fit your busy schedule. We're open Monday through Friday from 8:30 a.m. to 4:00 p.m., making it easy for you to stop in during your day. While our branch does not currently offer drive-thru service or ATM availability, our staff is equipped to provide a wide range of services including personal banking accounts, auto loans, mortgages, and more. For official correspondence, please note that while you can visit us at our branch address, mail should be sent to the same address: 160 N Main, Memphis, TN 38103-1866. Have questions? Feel free to give us a call at 901-930-0757 or visit our website at shelbycountycu.com for more information. We look forward to welcoming you soon!

Member Eligibility

Joining the Shelby County community means more than just opening an account; it's about becoming part of a supportive family that prioritizes your financial well-being. At Shelby County, we welcome individuals who live, work, or worship in Shelby County, along with their family members. This inclusiveness creates a vibrant community where everyone can thrive together. Whether you're looking to save for a big purchase or secure a loan with favorable terms, being a member opens doors to valuable financial resources tailored to your needs. Getting started is simple! You can easily check all the eligibility details by visiting our website at https://shelbycountycu.com/save/ . If you're ready to take the next step, feel free to reach out at 901-930-0757 for any questions or assistance. We're here to help you navigate through the process and ensure that becoming a member of Shelby County feels like a breeze. Your journey towards better banking starts right here at 160 N Main St Ste 401, Memphis, TN 38103!

Business Banking & Commercial Services

Commercial 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.

Merchant Services

Imagine a busy day at your local café. Customers are lining up, eager to enjoy their favorite brew. With our merchant services, you can easily process payments, manage transactions, and keep your operations running smoothly. Our solutions are tailored to fit your business style, allowing you to focus on what you do best serving your customers. Located at 160 N Main St Ste 401 Memphis Tn 38103 in Memphis, TN, we're here to partner with you every step of the way. For more information, give us a call at (901) 930-0757 or visit our website at Shelby County Federal Credit Union. Let's grow together!

Comprehensive List Of Services

Accessibility

While we don't have ATMs or drive-thru services at this location, we're dedicated to making sure your banking experience is smooth and efficient during our lobby hours from 8:30 a.m. to 4:00 p.m., Monday through Friday. With all these services available at Shelby County, located conveniently at 160 N Main St Ste 401 Memphis Tn 38103, we're ready to support your financial journey. Have questions? Don't hesitate to reach out at (901) 930-0757! We invite you to explore how we can help enhance your financial wellness today! Visit us online at Shelby County Federal Credit Union for more information on how to get started with any of our offerings.

Business Banking

For our entrepreneurial members, we offer business banking services including merchant services and business loans. If you're launching a startup or expanding an existing business, we provide the financial tools necessary to help your business thrive.

Credit Cards

Don't forget about our credit cards with rewards! Whether you're making everyday purchases or planning a big trip, earn points on every dollar spent that can be redeemed for travel or cash back. It's like getting rewarded for spending!

Digital Banking

In today's fast-paced world, convenience is key. That's why we have invested in robust online and mobile banking platforms. You can manage your accounts anytime, anywhere whether it's transferring money through our mobile app or paying bills online without any hassle. Features like electronic signatures simplify processes even further.

Loans and Financing

Need a new car? Our auto loans and vehicle financing options are here for you. We understand that purchasing a vehicle is a significant decision, which is why we provide competitive rates and flexible terms. If you're thinking about buying a home, check out our mortgage loans and refinancing solutions. We'll guide you through the process, ensuring that you're comfortable every step of the way. For those moments when life throws unexpected expenses your way, our personal loans and debt consolidation services can help ease financial burdens.

Personal Banking

When it comes to personal banking, we offer various options like checking and savings accounts designed to help you manage your everyday expenses and plan for the future. Imagine being able to set up automatic transfers from your checking account to your savings. This way, saving for that special vacation or unexpected expense becomes effortless.

Digital & Online Banking

Key Services Available

With our online banking services available 24/7 at https://shelbycountycu.com/ , you can check your account balances, transfer funds, and pay bills without stepping foot inside a branch. Our user-friendly interface ensures that even those who may not be tech-savvy can navigate with ease. For added convenience, we offer electronic signature authorization, allowing you to sign documents digitally. This feature speeds up processes and eliminates the need for physical paperwork. Plus, with e-statements available, you can view your financial statements online whenever you need them no more waiting for mail delivery!

Mobile Banking Features

Our mobile application makes it even easier to manage your accounts. With features like mobile payments and person-to-person transfers, sending money to friends or family is just a few taps away. You can also set up notifications so you're always updated on your account activity. Security is a top priority at Shelby County. We utilize advanced encryption methods to ensure your personal information stays safe while you manage your finances online. In short, our digital and online banking services provide the accessibility and convenience you need to manage your money effectively. With everything from e-statements to mobile payments at your fingertips, banking with us has never been easier or more secure. Join us today and experience banking that fits into your lifestyle!

Financial Strength

Committed Team Ready to Serve You

Our strength is further supported by our dedicated workforce of 24 full-time employees and 1 part-time employees who are always ready to assist you with knowledgeable service. In addition to this, our net shares available for lending stand at $2,970,190, which allows us to maintain a healthy balance sheet while serving your needs efficiently. We currently have a total of 19,961 share accounts, showcasing a strong member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Shelby County is your trusted partner. Visit us at 160 N Main St Ste 401 Memphis Tn 38103 or call (901) 930-0757 to learn more about how we can help you achieve your financial goals.

Members' Savings Secured

Members' savings are secured through $4,800,772 in share certificates, offering stable and rewarding financial growth opportunities. Although we have $0 in money market shares, we prioritize your needs over non-member interests. With non-member deposits at $0, our resources focus on benefiting you through better loan rates and exclusive perks.

Reinvesting for Your Benefit

With $13,368,905 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. This commitment ensures that we can meet your financial needs effectively.

Strong Capital Foundation

With a net worth of $13,546,969, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,512 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Supporting Your Financial Goals

We also support our members' financial goals with $1,103 in used auto loans and $41,410,262 in total loans and leases. This diverse lending capacity reflects our dedication to helping you achieve your dreams, whether it's buying a car or financing a major purchase.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $20,640,013 in used vehicle loans and $10,092,992 in new vehicle loans already helping members get on the road. Whether you're considering financing a brand-new vehicle or a reliable used one, our team is here to guide you through every step of the process.

Credit Lines

In addition to auto and mortgage loans, our credit lines provide an excellent solution for unexpected expenses or planned purchases. With a total of $8,000,000 available in credit lines, we aim to give our members the flexibility they need during critical times.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $17,208, make buying or refinancing simple. We offer competitive rates and flexible terms to ensure that your journey towards homeownership is as smooth as possible.

Refinancing Options

If you're considering refinancing any existing loans whether it's an auto loan or mortgage our team can assist you in exploring your options. Refinancing might help reduce your monthly payments or lower your interest rate. For more information about our loan offerings or to discuss eligibility options, please feel free to contact us at 901-930-0757 or visit us at 160 N Main St Ste 401 Memphis Tn 38103. 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 find the right loan product that fits your needs today!

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans, with a total of $1,202,448 in loans helping members manage their finances effectively. This option is ideal for those looking for convenience and purchasing power without needing collateral.

Loan Aggregator

Benefits of Using LendMesh

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How LendMesh Ensures 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 ), ensuring fair and transparent offers. This commitment to accuracy means you can trust that the loan options presented are genuine and relevant to your needs.

SHELBY COUNTY FEDERAL CREDIT UNION