EIN 62-0630690

Memphis City Employees Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
118
Year formed
1969
Most recent tax filings
2023-12-01
Description
Memphis City Employees Credit Union provides various financial services to its members, most of whom are employees of the City of Memphis, City of Bartlett, MLGW, Commercial Appeal, Scripps Media Company, WMC Family of Stations, Memphis Business Journal, Ronald Barker Constr. It is a state chartered credit union created to provide the highest quality of personal financial services in a friendly, professional manner; to encourage savings and the wise use of credit; and to increase the knowledge and ability of its members to manage and control their financial affairs.
Related structure
Memphis City Employees Credit Union is child organization, under the parent exemption from Credit Unions Chartered in the State of Tennessee.
Total revenues
$26,086,110
2023
Total expenses
$24,006,804
2023
Total assets
$443,259,152
2023
Num. employees
118
2023

Program areas at Memphis City Employees Credit Union

State chartered Credit Union created to provide the highest quality of personal financial services in a friendly, professional manner; to encourage savings and the wise use of Credit; to increase the knowledge and ability of our members to manage and control their finances.

Personnel at Memphis City Employees Credit Union

NameTitleCompensation
Kenneth SwannPresident and Chief Executive Officer$677,998
Allen PetersonChief Operating Officer / Chief Financial Officer$259,071
Nathan StevensChief Financial Officer$274,394
Thomas MoatesChief Information Officer$163,832
Jamie BakerVice President of Branch Operations$119,142
...and 1 more key personnel

Financials for Memphis City Employees Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$24,075,550
Investment income and dividends$1,986,081
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$24,479
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$26,086,110

Form 990s for Memphis City Employees Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-14990View PDF
2019-122020-09-23990View PDF
...and 9 more Form 990s

Organizations like Memphis City Employees Credit Union

OrganizationLocationRevenue
Old Hickory Credit UnionOld Hickory, TN$14,832,560
US Community Credit UnionNashville, TN$19,517,866
Scenic Community Credit Union (SCCU)Hixson, TN$8,288,565
Northeast Community Credit UnionElizabethton, TN$8,780,666
Credit Unions chartered in the State of Tennessee Cornerstone Financial Credit UnionNashville, TN$31,385,639
Heritage South Community CuShelbyville, TN$19,988,135
Ten Credit Union (TTCU)Nashville, TN$19,477,558
Southeast Financial Credit UnionFranklin, TN$29,260,817
Consumer Credit UnionGreeneville, TN$26,237,078
First South Financial Credit UnionBartlett, TN$53,656,539
Data update history
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 4, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 18, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 11, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local level
General information
Address
2678 MT Moriah Terrace CV
Memphis, TN 38115
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Website URL
memphiscu.org/ 
Phone
(901) 321-1200
IRS details
EIN
62-0630690
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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