Memorial Credit Union

About Memorial Credit Union

Memorial Credit Union Location

6800 Longview Road
Chattanooga, TN 37421

Phone: (423) 855-1770
Website: www.memorialcreditunion.com
Routing/Transit Number: Not Available

Memorial Credit Union Information

Memorial Credit Union of Chattanooga, 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 2835 members and assets of $7,909,419, as compared to the national average of $93 million dollars of assets per credit union. Memorial Credit Union, first opened in 1959 and has been in operation since then. Additionally, Memorial Credit Union has 8 full time employees and 1 part time employees, or 315 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 Memorial 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. Memorial Credit Union is a not-for-profit, cooperative, tax-exempt organization.