Ascend Federal Credit Union is a federal credit union headquartered in Tullahoma, Tennessee, in business for about 75 years. At the end of Q2 2026 it reported $4.8B in total assets and $3.9B in member shares and deposits, with 27 offices.
Based on its Q2 2026 filing, Ascend Federal Credit Union scores 83/100, which we describe as strong. That is higher than 92% of 454 credit unions with $1 billion – $10 billion. Among 125 credit unions headquartered in Tennessee, it ranks 37th. Its strongest component is capital cushion (96/100; 14.55%), and its lowest is earnings (68/100; 1.20%).
TellerScore · Q2 2026
Scorecard
The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.
9 quarters
Health trend
From Q2 2025 to Q2 2026, the score rose 3 points (80 → 83), mostly because the capital cushion component improved by 5 points.
Show as table
| Quarter | TellerScore |
|---|---|
| Q2 2024 | 80 |
| Q3 2024 | 80 |
| Q4 2024 | 80 |
| Q1 2025 | 81 |
| Q2 2025 | 80 |
| Q3 2025 | 82 |
| Q4 2025 | 82 |
| Q1 2026 | 84 |
| Q2 2026 | 83 |
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| Quarter | Net worth ratio |
|---|---|
| Q2 2024 | 13.84% |
| Q3 2024 | 13.97% |
| Q4 2024 | 14.13% |
| Q1 2025 | 13.92% |
| Q2 2025 | 14.14% |
| Q3 2025 | 14.34% |
| Q4 2025 | 14.47% |
| Q1 2026 | 14.55% |
| Q2 2026 | 14.55% |
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| Quarter | Delinquent loans (60+ days) |
|---|---|
| Q2 2024 | 0.31% |
| Q3 2024 | 0.39% |
| Q4 2024 | 0.43% |
| Q1 2025 | 0.35% |
| Q2 2025 | 0.53% |
| Q3 2025 | 0.49% |
| Q4 2025 | 0.52% |
| Q1 2026 | 0.42% |
| Q2 2026 | 0.49% |
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| Quarter | Return on assets |
|---|---|
| Q2 2024 | 0.84% |
| Q3 2024 | 0.87% |
| Q4 2024 | 0.91% |
| Q1 2025 | 1.01% |
| Q2 2025 | 1.07% |
| Q3 2025 | 1.13% |
| Q4 2025 | 1.15% |
| Q1 2026 | 1.25% |
| Q2 2026 | 1.20% |
| Quarter | Score | Assets | Capital | Problem loans | ROA | Loans/deposits |
|---|---|---|---|---|---|---|
| Q2 2026 | 83 | $4.8B | 14.55% | 0.49% | 1.20% | 90.5% |
| Q1 2026 | 84 | $4.7B | 14.55% | 0.42% | 1.25% | 90.7% |
| Q4 2025 | 82 | $4.7B | 14.47% | 0.52% | 1.15% | 92.0% |
| Q3 2025 | 82 | $4.6B | 14.34% | 0.49% | 1.13% | 92.2% |
| Q2 2025 | 80 | $4.6B | 14.14% | 0.53% | 1.07% | 91.7% |
| Q1 2025 | 81 | $4.6B | 13.92% | 0.35% | 1.01% | 88.9% |
| Q4 2024 | 80 | $4.4B | 14.13% | 0.43% | 0.91% | 90.0% |
| Q3 2024 | 80 | $4.4B | 13.97% | 0.39% | 0.87% | 89.5% |
| Q2 2024 | 80 | $4.4B | 13.84% | 0.31% | 0.84% | 89.1% |
454 peers · $1 billion – $10 billion
How it compares with peers
Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).
Similar-size credit unions in Tennessee
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Ornl Federal Credit UnionCredit union Oak Ridge, TN | 69 out of 100, Moderate | $5.0B | 11.0% | 0.62% | vs |
| Knoxville TVA Employees Credit UnionCredit union Knoxville, TN | 73 out of 100, Strong | $5.3B | 11.2% | 0.34% | vs |
| Tennessee Valley Federal Credit UnionCredit union Chattanooga, TN | 84 out of 100, Strong | $3.3B | 14.8% | 0.77% | vs |
| Y-12 Federal Credit UnionCredit union Oak Ridge, TN | 70 out of 100, Strong | $2.8B | 10.5% | 0.52% | vs |
| Leaders Credit UnionCredit union Jackson, TN | 69 out of 100, Moderate | $1.4B | 10.7% | 0.64% | vs |
| Orion Federal Credit UnionCredit union Memphis, TN | 72 out of 100, Strong | $1.3B | 18.4% | 0.55% | vs |
Deposit insurance
Is my money safe at Ascend Federal Credit Union?
Yes. Ascend Federal Credit Union is a federally insured credit union (NCUA charter #7397). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
An estimated 10.1% of shares and deposits ($395.9M) are above the $250,000 NCUA insurance limit, close to the peer median of 9%. Insured balances are protected regardless of the score.
The net worth ratio is 14.55%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.
27 locations
Branches
Ascend Federal Credit Union lists 27 offices in 18 cities. Most locations:
- Murfreesboro, TN (6)
- Nashville, TN (3)
- Tullahoma, TN (3)
- Brentwood, TN (1)
- Cookeville, TN (1)
- Dickson, TN (1)
- Franklin, TN (1)
- Hermitage, TN (1)
- La Vergne, TN (1)
- Lebanon, TN (1)
- Lewisburg, TN (1)
- Manchester, TN (1)
HMDA 2025
Mortgage lending
In 2025, Ascend Federal Credit Union reported 2,904 home-loan applications under HMDA (LEI 549300E1PJPTI4YS7H26): 1,829 originated ($356,835,000 total), 534 denied, and 486 withdrawn or closed by the applicant. Its denial rate on decided applications was 22.1%, compared with 22.2% for all lenders nationwide.
Denial rates depend heavily on loan type and applicant mix and are not a measure of fairness or of your own odds.
Identity & history
Profile
- Legal name
- Ascend Federal Credit Union
- Type
- Federal credit union
- NCUA charter #
- 7397
- RSSD ID
- 290986
- Primary regulator
- NCUA
- Established
- 1951
- Headquarters
- Po Box 1210, Tullahoma, TN 37388
- Employees
- 648
Quick answers
Ascend Federal Credit Union: common questions
Is Ascend Federal Credit Union NCUA insured?
Yes. Ascend Federal Credit Union is a federally insured credit union (NCUA charter #7397). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.
What is Ascend Federal Credit Union's TellerScore?
83 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.
How many branches does Ascend Federal Credit Union have?
27 offices as of the latest NCUA data.
Nearby
Highest-scoring banks and credit unions with branches near Tullahoma
| Institution | Score | Assets | Capital | Problem loans | Compare |
|---|---|---|---|---|---|
| Peoples Bank & Trust CompanyBank Manchester, TN | 93 out of 100, Very strong | $168.6M | 14.7% | 0.02% | vs |
| Citizens Community BankBank Winchester, TN | 90 out of 100, Very strong | $352.6M | 14.6% | 0.38% | vs |
| Heritage South Community Credit UnionCredit union Shelbyville, TN | 88 out of 100, Very strong | $361.9M | 17.1% | 0.75% | vs |
| Bank of Lincoln CountyBank Fayetteville, TN | 86 out of 100, Very strong | $230.1M | 12.2% | 0.01% | vs |
| Redstone Federal Credit UnionCredit union Huntsville, AL | 85 out of 100, Very strong | $8.6B | 13.9% | 0.70% | vs |
| Security Federal Savings Bank of McMinnvilleBank Mcminnville, TN | 80 out of 100, Strong | $386.0M | 11.9% | 0.00% | vs |