Memphis Chapter Credit Union

About Memphis Chapter Credit Union

Memphis Chapter Credit Union Location

P. O. Box 303
Cordova, TN 38088

Phone: (901) 752-1910
Website:
Routing/Transit Number: Not Available

Memphis Chapter Credit Union Information

Memphis Chapter Credit Union of Cordova, TN is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 158 members and assets of $543,544, as compared to the national average of $93 million dollars of assets per credit union. Memphis Chapter Credit Union, first opened in 1948 and has been in operation since then. Additionally, Memphis Chapter Credit Union has 0 full time employees and 1 part time employees, or 158 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Memphis Chapter Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Memphis Chapter Credit Union is a not-for-profit, cooperative, tax-exempt organization.