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Memorial Employees Financial

Hollywood, FL · Est. 1971
B
Trust Grade
Strong
Score: 89/100

Memorial Employees Financial is a credit union based in Hollywood, Florida, established in 1971, with $93 million in total assets serving 8,840 members. By Trust Grade it ranks 70th of 107 credit unions we track in Florida. Its net worth ratio of 10.9% trails most similarly sized credit unions (24th percentile), versus a Florida median of 11.1%. It was profitable over the most recent period, with a 0.30% return on assets. No consumer complaints against Memorial Employees Financial appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$92.8M
<$100M institution
Members
8,840
Shares & deposits
Net worth ratio
10.9%
Bottom 24% of <$100M peers · Florida median 11.1%
Return on assets
0.3%
Bottom 35% of <$100M peers · Florida median 0.53%
Rank in Florida
#70
of 107 credit unions

How Memorial Employees Financial compares to Florida peers

Net worth ratio
Bottom 24% of <$100M peers
Memorial Employees
10.9%
Florida median
11.1%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 35% of <$100M peers
Memorial Employees
0.3%
Florida median
0.5%
Higher ROA = more profitable relative to asset base

How we graded Memorial Employees Financial

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
89/100
Customer experience
n/a
Overall
B · 89
  • Well-capitalized (10.9% capital ratio)
  • Profitable (ROA 0.30%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Memorial Employees Financial over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Memorial Employees Financial insured?

Yes. Memorial Employees Financial is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Memorial Employees Financial: frequently asked questions

Is Memorial Employees Financial a good credit union?

Memorial Employees Financial earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Well-capitalized (10.9% capital ratio); Profitable (ROA 0.30%).

Is Memorial Employees Financial NCUA-insured?

Yes. Memorial Employees Financial is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.

How big is Memorial Employees Financial?

Memorial Employees Financial holds $93 million in total assets, ranking 70th of 107 credit unions we track in Florida. It serves 8,840 members.

Does Memorial Employees Financial have CFPB complaints?

No CFPB complaints against Memorial Employees Financial appear in our data over the analysis window, which is typical for a credit union of this size.

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Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

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