Memorial
Memorial is a credit union based in Chattanooga, Tennessee, established in 1959, with $7 million in total assets serving 1,276 members. By Trust Grade it ranks 104th of 126 credit unions we track in Tennessee. Its net worth ratio of 14.2% trails most similarly sized credit unions (49th percentile), versus a Tennessee median of 13.9%. It posted a loss over the most recent period (-0.81% return on assets), a point to watch. No consumer complaints against Memorial appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Memorial compares to Tennessee peers
How we graded Memorial
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (14.2% capital ratio)
- Unprofitable over the period (ROA -0.81%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Memorial over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Memorial insured?
Yes. Memorial 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: frequently asked questions
Is Memorial a good credit union?
Memorial earns a Bankzia Trust Grade of B (82/100, "Strong"), based on a financial-strength score of 82/100 (it has no CFPB complaints on record). Strongly capitalized (14.2% capital ratio); Unprofitable over the period (ROA -0.81%).
Is Memorial NCUA-insured?
Yes. Memorial 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?
Memorial holds $7 million in total assets, ranking 104th of 126 credit unions we track in Tennessee. It serves 1,276 members.
Does Memorial have CFPB complaints?
No CFPB complaints against Memorial appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
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.
