Memphis City Employees
Memphis City Employees is a credit union based in Memphis, Tennessee, established in 1959, with $501 million in total assets serving 44,001 members. By Trust Grade it ranks 51st of 126 credit unions we track in Tennessee. Its net worth ratio of 14.4% is stronger than 84% of similarly sized credit unions, versus a Tennessee median of 13.9%. It was profitable over the most recent period, with a 0.60% return on assets. No consumer complaints against Memphis City Employees appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Memphis City Employees compares to Tennessee peers
How we graded Memphis City Employees
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (14.4% capital ratio)
- Profitable (ROA 0.60%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Memphis City Employees over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Memphis City Employees insured?
Yes. Memphis City Employees 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.
Memphis City Employees: frequently asked questions
Is Memphis City Employees a good credit union?
Memphis City Employees earns a Bankzia Trust Grade of A (95/100, "Excellent"), based on a financial-strength score of 95/100 (it has no CFPB complaints on record). Strongly capitalized (14.4% capital ratio); Profitable (ROA 0.60%).
Is Memphis City Employees NCUA-insured?
Yes. Memphis City Employees 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 Memphis City Employees?
Memphis City Employees holds $501 million in total assets, ranking 51st of 126 credit unions we track in Tennessee. It serves 44,001 members.
Does Memphis City Employees have CFPB complaints?
No CFPB complaints against Memphis City Employees 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.
