Memphis Municipal Employees Credit Union

Memphis Municipal Employees Credit Union share savings rates, certificate (CD) rates, and money market rates are listed below. You can also see mortgage rates offered by Memphis Municipal Employees. Memphis Municipal Employees is based in Memphis, TN, and has 2,695 current members. There are 0 branch locations and 1 ATM location for Memphis Municipal Employees. You can also see a list of services, credit card rates, auto loan rates and payday loan rates offered by Memphis Municipal Employees Credit Union. View Information.

MonitorBankRates.com
Capitalization Rating

Memphis Municipal Employees Credit Union
Well Capitalized
as of 2018-09-30

Memphis Municipal Employees Credit Union Contact Information

Credit Union Name: Memphis Municipal Employees Credit Union

Website: http://www.mmefcu.org

Current Members: 2,695
Potential Members: 4,400
Full Time Employees: 5
Part Time Employees: 3
President: Charlette E Johnson
CEO: Delphine L Price
Branch Locations: 0
ATM Locations: 1

Corporate Office Address:

577 Dr Ml King Jr Ave
Memphis, TN 38126-1942
Phone Number: (901) 528-2816
Fax Number: (901) 528-2826

Memphis Municipal Employees Credit Union Services Offered

Indirect Lending: No
Business Share Accounts: No
Health Savings Accounts: No
Individual Development Accounts: No
No Cost Share Drafts: Yes
Share Certificates with Low Minimum Balance Requirements: Yes
Participation Loans: No
Financial Counseling: Yes
Financial Education: Yes
Financial Literacy Workshops: Yes
First Time Homebuyer Program: No
In-School Branches: No
Real Estate Loans: No
Bilingual Services: No
No Cost Bill Payer: Yes
No Cost Tax Prep. Services: No
Student Scholarships: No
Member Business Loans: No
Credit Builder: No
Indirect Business Loans: No
Indirect Mortgage Loans: No
Micro Business Loans: No
Micro Consumer Loans: No
Pay Day Lending: No
Refund Anticipation Loans: No

Share Secured Credit Cards: No
Payday Alternative Loans (PAL loans) (FCU Only): Yes
Risk Based Loans: No
Direct Financing Leases: No
Mortgage Processing: No
Approved Mortgage Seller: No
Debt Cancellation/Suspension Program: No
Borrowing Repurchase Agreements: No
Investment Pilot Program: No
Investment not authorized by the FCU Act (SCU ONLY): No
Deposits and Shares Meeting 703.10(a): No
Brokered Certificates of Deposits: No
Overdraft Protection/Courtesy Pay: No
Overdraft Lines of Credit: No
ATM/Debit Card Program: No
PrepaidDebit: No
Interest Only and Payment Option 1st Mortgage Loans: No
Insurance/Investment Sales: No
Brokered Deposits (All deposits acquired through a third party): No
Check Cashing: No
International Remittances: No
Low-cost wire transfers: Yes
Money Orders: No
No Surcharge ATMs: No

Memphis Municipal Employees Credit Union Deposit Rates

Savings Rates (Shares): 0.050%
Checking Account Rates (Share Drafts): 0.000%
IRA/KEOGH Rates: 0.000%

Money Market Rates (Shares): 0.000%
1 Year CD Rates (Share Certificates): 0.000%

Memphis Municipal Employees Credit Union Auto Loan Rates

Auto Loan Rates (New Vehicles): 5.000%

Auto Loan Rates (Used Vehicles): 11.500%

Memphis Municipal Employees Credit Union Credit Card and Payday Loan Rates

Credit Card Rates: 9.990%
Unsecured Loans/Lines of Credit Rates: 18.000%

Payday Rates (PAL loans): 28.000%