Member Preferred
Member Preferred is a credit union based in Fort Worth, Texas, established in 1935, with $16 million in total assets serving 1,393 members. By Trust Grade it ranks 355th of 379 credit unions we track in Texas. Its net worth ratio of 12.0% trails most similarly sized credit unions (33th percentile), versus a Texas median of 13.5%. It posted a loss over the most recent period (-3.28% return on assets), a point to watch. No consumer complaints against Member Preferred appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Member Preferred compares to Texas peers
How we graded Member Preferred
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (12.0% capital ratio)
- Unprofitable over the period (ROA -3.28%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Member Preferred over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Member Preferred insured?
Yes. Member Preferred 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.
Member Preferred: frequently asked questions
Is Member Preferred a good credit union?
Member Preferred earns a Bankzia Trust Grade of C (73/100, "Average"), based on a financial-strength score of 73/100 (it has no CFPB complaints on record). Strongly capitalized (12.0% capital ratio); Unprofitable over the period (ROA -3.28%).
Is Member Preferred NCUA-insured?
Yes. Member Preferred 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 Member Preferred?
Member Preferred holds $16 million in total assets, ranking 355th of 379 credit unions we track in Texas. It serves 1,393 members.
Does Member Preferred have CFPB complaints?
No CFPB complaints against Member Preferred 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.
