Feedback
Share
Link
Link copied!
Asset Brief
The West Tennessee Credit Union
Credit Union Finder
Table of Contents
Explore
Search
Asset Brief
More
About Asset Brief
Copyright © 2022 assetbrief.com and Spring Launch Media LLC. All Rights Reserved.

All content on this website ("the Site") is the property of Spring Launch Media LLC. The collection and assembly of content on this Site are the exclusive property of Spring Launch Media LLC and are protected by copyright and other intellectual property laws. Credit union and bank data is publicly sourced from the U.S. government. None are affiliated with Asset Brief. assetbrief.com is an independent, advertising-supported publisher. We work hard to keep our information accurate and up to date, but do not guarantee accuracy of information. You may see different information when you visit a specific product’s site. assetbrief.com does not warrant or assume any legal liability or responsibility for the accuracy, completeness, or usefulness of any information disclosed. assetbrief.com does not assume any responsibility for any aspect of financial decisions taken based on the contents provided on this Site. When considering offers, please review all Terms and Conditions with the offering institution. Our content is not intended to provide investment advice. assetbrief.com is compensated through display advertising and offers from our partners. Many or all of the products features may be from our partners, and advertising may impact on where, how, and the order in which products appear on this Site. AssetBrief does not include all companies or all available products. However, this does not influence our editorial content or our advice, which are based on industry knowledge and many many hours of research. assetbrief.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

The West Tennessee Credit Union Share
Link
Link copied!

Map Loading...
Overview Share
Link
Link copied!
Back to Top

The West Tennessee Credit Union is a federally insured state credit union based in Memphis, Tennessee. It has been opened since 1967, for 55 years.

With around $17,560,000 in assets, The West Tennessee Credit Union is considered to be a medium size credit union. It has 2 branches and 2 ATM locations.

About Share
Link
Link copied!
Address 2521 Fite Road
Memphis, Tennessee 38127
Website http://www.wtncu.org
Phone (901) 358-3796
Fax (901) 358-8255
CEO Kenneth E. Newberry
President of the Board Walter Wise
Services Offered
Score Card Share
Link
Link copied!
Back to Top
55 years
Years in business
Opened in 1967
Well Capitalized
Net worth classification
Source: NCUA
1,452 members
Membership type: State chartered natural person credit union
Below average number of members
207:1
Credit union member to staff ratio
207 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
$17,558,579
Total assets
Below average
2 branches
Compared with an average of 4 nationally and 3 in Tennessee
Above average number of branches
0.25%
Savings interest rate
Compared to 0.3% nationally
12.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
Link
Link copied!
Back to Top
2 branches
Compared with an average of 4 nationally and 3 in Tennessee
Above average number of branches
The West Tennessee Credit Union Branch Locations

the West Tennessee Credit Union
2521 Fite Road
Memphis, Tennessee 38127
ATM Available
the West Tennessee Credit Union
13690 Highway 51 S.
Suite 107
Atoka, Tennessee 38004
ATM Available
Members Share
Link
Link copied!
Back to Top
1,452 members
Membership type: State chartered natural person credit union
Below average number of members

With 1,452 members, the The West Tennessee Credit Union is considered to be a small credit union. It is smaller than 73% of credit unions.

Fees Share
Link
Link copied!
Back to Top
$89
Average fee per member
The average fee per member at the The West Tennessee Credit Union is $89, which is high compared to most credit unions. This rate is higher than 79% 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 The West Tennessee Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
Link
Link copied!
Back to Top
207:1
Credit union member to staff ratio
207 per each FTE employee
Compared to 411:1 nationally
Tons of staff!
7 staff members
FTE (full-time equivalent)
25% of employees are part-time
6 full-time, 2 part-time

The West Tennessee Credit Union has 6 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 75% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. The West Tennessee Credit Union has around 207 members per staff, a very low ratio compared to other credit unions. This is a very well staffed credit union.

Assets Share
Link
Link copied!
Back to Top
$17,558,579
Total assets
Below average
Net worth Share
Link
Link copied!
Back to Top
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.
9.6%
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
Link
Link copied!
Back to Top
$11,269
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 60% of credit unions.

The West Tennessee Credit Union holds a total of $11,920,000 in loans and leases, which is about $11,269 per member on average.

Savings interest rate Share
Link
Link copied!
Back to Top
0.25%
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. The West Tennessee Credit Union pays 0.25%.

Loan rates Share
Link
Link copied!
Back to Top
12.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
14.40%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
3.55%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
Link
Link copied!
Back to Top
2.62%
New car loan rate
Compared to 4.0% nationally
3.67%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
Link
Link copied!
Back to Top
5.45%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

Additional Credit Unions

See all...
Epb Employees Credit Union
Credit Union: Well Capitalized Chattanooga, Tennessee 2317.0 $29 million Well Capitalized
Fedtrust Credit Union
Credit Union: Well Capitalized Memphis, Tennessee 3781.0 $36 million Well Capitalized
Tennessee Members 1st Credit Union
Credit Union: Well Capitalized Oak Ridge, Tennessee 5010.0 $80 million Well Capitalized
Methodist Healthcare Credit Union
Credit Union: Well Capitalized Memphis, Tennessee 4065.0 $40 million Well Capitalized
Patriot Equity Credit Union
Credit Union: Well Capitalized Jackson, Tennessee 2722.0 $28 million Well Capitalized
Orion Credit Union
Credit Union: Well Capitalized Memphis, Tennessee 76974.0 $808 million Well Capitalized
Healthcare Services Credit Union
Credit Union: Well Capitalized Chattanooga, Tennessee 4817.0 $20 million Well Capitalized
Eastman Credit Union
Credit Union: Well Capitalized Kingsport, Tennessee 223119.0 $5 billion Well Capitalized
I B E W 175 Credit Union
Credit Union: Well Capitalized Chattanooga, Tennessee 1443.0 $7 million Well Capitalized
Happy Valley Credit Union
Credit Union: Well Capitalized Elizabethton, Tennessee 4050.0 $31 million Well Capitalized

Other Credit Unions

See all...
M.P.D. Community Credit Union
Credit Union: Well Capitalized Nashville, Tennessee 2899.0 $28 million Well Capitalized
Enbright Credit Union
Credit Union: Well Capitalized Nashville, Tennessee 7950.0 $65 million Well Capitalized
Knoxville Firefighters Credit Union
Credit Union: Well Capitalized Knoxville, Tennessee 1607.0 $29 million Well Capitalized
Greeneville Works Employees Savings Association Credit Union
Credit Union: Well Capitalized Greeneville, Tennessee 491.0 $2 million Well Capitalized
Southeast Financial Credit Union
Credit Union: Well Capitalized Franklin, Tennessee 39082.0 $368 million Well Capitalized
Dixie Line Credit Union
Credit Union: Well Capitalized Nashville, Tennessee 1018.0 $11 million Well Capitalized
Heritage South Community Cu
Credit Union: Well Capitalized Shelbyville, Tennessee 25923.0 $215 million Well Capitalized
Healthnet Credit Union
Credit Union: Well Capitalized Cordova, Tennessee 6705.0 $50 million Well Capitalized
Cleveland-Bradley Cty Teacher Credit Union
Credit Union: Well Capitalized Cleveland, Tennessee 4146.0 $50 million Well Capitalized
Horizon Credit Union
Credit Union: Well Capitalized Kingsport, Tennessee 6263.0 $57 million Well Capitalized

Additional Credit Unions

See all...
I Trust Credit Union
Credit Union: Well Capitalized Memphis, Tennessee 3080.0 $22 million Well Capitalized
Delta Refining Co Emp Credit Union
Credit Union: Well Capitalized Memphis, Tennessee 298.0 $4 million Well Capitalized
Wcg Employees Credit Union
Credit Union: Well Capitalized Martin, Tennessee 264.0 $965k Well Capitalized
Appliance Credit Union
Credit Union: Well Capitalized Cleveland, Tennessee 2183.0 $10 million Well Capitalized
Collegedale Credit Union
Credit Union: Well Capitalized Collegedale, Tennessee 5293.0 $46 million Well Capitalized
Tenn-Am Water Company Credit Union
Credit Union: Well Capitalized Chattanooga, Tennessee 427.0 $3 million Well Capitalized
Kimberly Clark Credit Union
Credit Union: Well Capitalized Memphis, Tennessee 10429.0 $113 million Well Capitalized
Family Advantage Credit Union
Credit Union: Well Capitalized Spring Hill, Tennessee 7534.0 $64 million Well Capitalized
Mountain States Credit Union
Credit Union: Well Capitalized Johnson City, Tennessee 2322.0 $22 million Well Capitalized
Southern Security Credit Union
Credit Union: Well Capitalized Collierville, Tennessee 19742.0 $160 million Well Capitalized

All of Asset Brief

See all...

Similar Credit Unions to The West Tennessee Credit Union

See all...
the West Tennessee Credit Union ATM
Credit Union ATM: 455 Hartford Tpke Rte 30
Vernon, Connecticut 06066
the West Tennessee Credit Union
Credit Union Branch: 2521 Fite Road
Memphis, Tennessee 38127 ATM Available
First Credit Bank
Bank: West Hollywood, California 122237599.0
the West Tennessee Credit Union ATM
Credit Union ATM: 2521 Fite Road
Memphis, Tennessee 38127
West Union Bank
Bank: West Union, West Virginia 51502159.0
The West Tennessee Credit Union
Credit Union: Well Capitalized Memphis, Tennessee 1452.0 $18 million Well Capitalized
the West Tennessee Credit Union
Credit Union Branch: 13690 Highway 51 S.
Suite 107
Atoka, Tennessee 38004 ATM Available
the West Tennessee Credit Union ATM
Credit Union ATM: 13690 Highway 51 S.
Suite 107
Atoka, Tennessee 38004
Service Credit Union Routing Number
Resource: Service Credit Union Routing Number Service Credit Union is a credit union based in Portsmouth, New Hampshire. Service Credit Union’s US routing number is 211489656.