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Fedtrust Credit Union Share
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Overview Share
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Fedtrust Credit Union is a federal credit union based in Memphis, Tennessee. It has been opened since 1959, for 63 years.

With around $35,950,000 in assets, Fedtrust Credit Union is considered to be an average size credit union. It has 4 branches and 6 ATM locations.

About Share
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Address 167 North Main St., Suite 102
Memphis, Tennessee 38103
Website http://www.fedtrustfcu.com
Phone (901) 526-6778
Fax (901) 526-8667
CEO Richard A. Ussery
President of the Board David Sirmans
Services Offered
Score Card Share
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63 years
Years in business
Opened in 1959
Well Capitalized
Net worth classification
Source: NCUA
3,781 members
Membership type: Multiple common bond – primary federal, state, local government
Average number of members
315:1
Credit union member to staff ratio
315 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$35,953,406
Total assets
Average size
4 branches
Compared with an average of 4 nationally and 3 in Tennessee
Above average number of branches
0.05%
Savings interest rate
Compared to 0.3% nationally
11.25%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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4 branches
Compared with an average of 4 nationally and 3 in Tennessee
Above average number of branches
Fedtrust Credit Union Branch Locations

Fedtrust Credit Union: Eaglecrest
225 North Humphreys Boulevard Suite 1029
Memphis, Tennessee 38120
ATM Available
Fedtrust Credit Union: Highway 64
9755 Highway 64 Suite 107
Arlington, Tennessee 38002
ATM Available
Fedtrust Credit Union: Attco
200 Jefferson Avenue Suite 150
Memphis, Tennessee 38103
ATM Available
Fedtrust Credit Union: Main
167 North Main Street Suite 102
Memphis, Tennessee 38103
ATM Available
Members Share
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3,781 members
Membership type: Multiple common bond – primary federal, state, local government
Average number of members

With 3,781 members, the Fedtrust Credit Union is considered to be a medium size credit union. It is larger than 51% of credit unions.

Fees Share
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$115
Average fee per member
The average fee per member at the Fedtrust Credit Union is $115, which is very high compared to most credit unions. This rate is higher than 90% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Fedtrust Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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315:1
Credit union member to staff ratio
315 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
12 staff members
FTE (full-time equivalent)
0% of employees are part-time
12 full-time, 0 part-time

Fedtrust Credit Union has 12 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Fedtrust Credit Union has around 315 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets Share
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$35,953,406
Total assets
Average size
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
7.5%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$15,930
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 83% of credit unions.

Fedtrust Credit Union holds a total of $30,870,000 in loans and leases, which is about $15,930 per member on average.

Savings interest rate Share
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0.05%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Fedtrust Credit Union pays 0.05%.

Loan rates Share
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11.25%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
11.93%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
2.60%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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1.99%
New car loan rate
Compared to 4.0% nationally
1.99%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.00%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.06%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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Similar Credit Unions to Fedtrust Credit Union

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Fedtrust Credit Union: Main
Credit Union Branch: 167 North Main Street Suite 102
Memphis, Tennessee 38103 ATM Available
Fedtrust Credit Union: Attco
Credit Union Branch: 200 Jefferson Avenue Suite 150
Memphis, Tennessee 38103 ATM Available
Pentagon Credit Union: San Patricio ATM
Credit Union ATM: 2915 Riverport Road
Memphis, Tennessee 38109
Fedtrust Credit Union: Attco ATM
Credit Union ATM: 200 Jefferson Avenue Suite 150
Memphis, Tennessee 38103
Pentagon Credit Union: Honolulu ATM
Credit Union ATM: 3231 Paul R. Lowry Road
Memphis, Tennessee 38109
Fedtrust Credit Union: Eaglecrest ATM
Credit Union ATM: 225 North Humphreys Boulevard Suite 1029
Memphis, Tennessee 38120
Fedtrust Credit Union: Eaglecrest
Credit Union Branch: 225 North Humphreys Boulevard Suite 1029
Memphis, Tennessee 38120 ATM Available
Fedtrust Credit Union: Highway 64
Credit Union Branch: 9755 Highway 64 Suite 107
Arlington, Tennessee 38002 ATM Available
Fedtrust Credit Union: Highway 64 ATM
Credit Union ATM: 9755 Highway 64 Suite 107
Arlington, Tennessee 38002
Fedtrust Credit Union: Main ATM
Credit Union ATM: 167 North Main Street Suite 102
Memphis, Tennessee 38103