TellerScore

Memphis Municipal Employees Federal Credit Union is a federal credit union headquartered in Memphis, Tennessee, in business for about 63 years. At the end of Q2 2026 it reported $14.6M in total assets and $11.5M in member shares and deposits, with 2 offices across 2 states.

Based on its Q2 2026 filing, Memphis Municipal Employees Federal Credit Union scores 65/100, which we describe as moderate. That is higher than only 30% of 2,479 credit unions with under $100 million in assets. Among 125 credit unions headquartered in Tennessee, it ranks 95th. Its strongest component is capital cushion (100/100; 20.32%), and its lowest is earnings (14/100; -0.16%).

TellerScore · Q2 2026

Scorecard

Capital cushion100/100
Net worth ratio: 20.32%
Loan quality30/100
Loans 60+ days delinquent ÷ total loans: 2.10%
Earnings14/100
Return on assets (annualized): -0.16%
Funding & liquidity100/100
Loans ÷ shares: 44.0% · 0.0% uninsured
Problem-loan coverage93/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 3.57%

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 8 points (57 → 65), mostly because the loan quality component improved by 20 points.

TellerScore
546066Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202454
Q3 202454
Q4 202466
Q1 202554
Q2 202557
Q3 202558
Q4 202558
Q1 202659
Q2 202665
Net worth ratio
7.00%13.86%20.72%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 202420.23%
Q3 202420.28%
Q4 202420.72%
Q1 202520.12%
Q2 202519.93%
Q3 202520.36%
Q4 202520.68%
Q1 202619.75%
Q2 202620.32%
Delinquent loans (60+ days)
1.65%2.62%3.59%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20243.23%
Q3 20243.19%
Q4 20241.65%
Q1 20253.59%
Q2 20252.71%
Q3 20252.53%
Q4 20252.54%
Q1 20262.36%
Q2 20262.10%
Return on assets
-1.39%-0.78%-0.16%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 2024-0.66%
Q3 2024-0.73%
Q4 2024-0.76%
Q1 2025-1.13%
Q2 2025-0.97%
Q3 2025-0.86%
Q4 2025-0.69%
Q1 2026-1.39%
Q2 2026-0.16%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202665$14.6M20.32%2.10%-0.16%44.0%
Q1 202659$14.8M19.75%2.36%-1.39%43.6%
Q4 202558$14.4M20.68%2.54%-0.69%48.8%
Q3 202558$14.6M20.36%2.53%-0.86%46.8%
Q2 202557$15.1M19.93%2.71%-0.97%45.7%
Q1 202554$15.1M20.12%3.59%-1.13%45.2%
Q4 202466$14.8M20.72%1.65%-0.76%48.1%
Q3 202454$15.3M20.28%3.19%-0.73%47.2%
Q2 202454$15.5M20.23%3.23%-0.66%46.9%

2,479 peers · Under $100 million in assets

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).

Capital ratio20.32%
78th
Problem loans2.10%
20th
Net charge-offs1.89%
6th
Return on assets-0.16%
15th
Loans to deposits44.0%
73rd
Uninsured deposits0.0%
81st
Loan-loss reserves0.00%
37th
Texas ratio3.6%
38th

Similar-size credit unions in Tennessee

InstitutionScoreAssetsCapitalProblem loansCompare
Dixie Line Credit UnionCredit union Nashville, TN73 out of 100, Strong$14.5M15.8%1.34%vs
Greeneville City Employees' Credit UnionCredit union Greeneville, TN90 out of 100, Very strong$13.9M29.5%0.32%vs
Sevier County Schools Federal Credit UnionCredit union Sevierville, TN99 out of 100, Very strong$13.9M21.8%0.09%vs
I B E W 175 Federal Credit UnionCredit union Chattanooga, TN69 out of 100, Moderate$13.8M17.8%4.05%vs
Your Best Credit UnionCredit union Nashville, TN70 out of 100, Strong$16.0M15.2%0.32%vs
Tennessee River Federal Credit UnionCredit union Counce, TN89 out of 100, Very strong$16.3M33.2%0.25%vs

Deposit insurance

Is my money safe at Memphis Municipal Employees Federal Credit Union?

Yes. Memphis Municipal Employees Federal Credit Union is a federally insured credit union (NCUA charter #15433). 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 0.0% of shares and deposits ($0) are above the $250,000 NCUA insurance limit, close to the peer median of 1%. Insured balances are protected regardless of the score.

The net worth ratio is 20.32%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

2 locations

Branches

Memphis Municipal Employees Federal Credit Union lists 2 offices in 2 cities across 2 states. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
Memphis Municipal Employees Federal Credit Union
Type
Federal credit union
NCUA charter #
15433
RSSD ID
454180
Primary regulator
NCUA
Established
1963
Headquarters
577 Dr Ml King Jr Ave, Memphis, TN 38126
Employees
6

Quick answers

Memphis Municipal Employees Federal Credit Union: common questions

Is Memphis Municipal Employees Federal Credit Union NCUA insured?

Yes. Memphis Municipal Employees Federal Credit Union is a federally insured credit union (NCUA charter #15433). 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 Memphis Municipal Employees Federal Credit Union's TellerScore?

65 out of 100 (Moderate), 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 Memphis Municipal Employees Federal Credit Union have?

2 offices as of the latest NCUA data, in 2 states.