Memphis Municipal Employees
Memphis Municipal Employees is a credit union based in Memphis, Tennessee, established in 1963, with $15 million in total assets serving 3,181 members. By Trust Grade it ranks 112th of 126 credit unions we track in Tennessee. Its net worth ratio of 19.8% is stronger than 77% of similarly sized credit unions, versus a Tennessee median of 13.9%. It posted a loss over the most recent period (-1.39% return on assets), a point to watch. No consumer complaints against Memphis Municipal 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 Municipal Employees compares to Tennessee peers
How we graded Memphis Municipal Employees
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (19.8% capital ratio)
- Unprofitable over the period (ROA -1.39%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Memphis Municipal Employees over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Memphis Municipal Employees insured?
Yes. Memphis Municipal 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 Municipal Employees: frequently asked questions
Is Memphis Municipal Employees a good credit union?
Memphis Municipal Employees earns a Bankzia Trust Grade of C (76/100, "Average"), based on a financial-strength score of 76/100 (it has no CFPB complaints on record). Strongly capitalized (19.8% capital ratio); Unprofitable over the period (ROA -1.39%).
Is Memphis Municipal Employees NCUA-insured?
Yes. Memphis Municipal 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 Municipal Employees?
Memphis Municipal Employees holds $15 million in total assets, ranking 112th of 126 credit unions we track in Tennessee. It serves 3,181 members.
Does Memphis Municipal Employees have CFPB complaints?
No CFPB complaints against Memphis Municipal 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.
