Memphis Area Teachers' Credit Union

About Memphis Area Teachers' Credit Union

Memphis Area Teachers' Credit Union Location

7845 Hwy 64
Memphis, TN 38133

Phone: (800) 532-9025
Website: www.matcu.com
Routing/Transit Number: Not Available

Memphis Area Teachers' Credit Union Information

Memphis Area Teachers' Credit Union of Memphis, 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 54510 members and assets of $530,692,256, as compared to the national average of $93 million dollars of assets per credit union. Memphis Area Teachers' Credit Union, first opened in 1957 and has been in operation since then. Additionally, Memphis Area Teachers' Credit Union has 227 full time employees and 33 part time employees, or 209.653846154 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 Area Teachers' 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 Area Teachers' Credit Union is a not-for-profit, cooperative, tax-exempt organization.