The Memphis City Employees Credit Union, formerly the City of Memphis Credit Union, was established in May of 1959. The Credit Union has experienced tremendous growth and accomplishment over the last 62 years. Our first branch opened its doors in a corner of the City Treasurer’s office at the old court house and began serving the city employees and their families. Though small, with what originally could be stored in a shoe box, the Memphis City Employees Credit Union has always been a very proud organization and has now grown to over 40, 000 members.
The Memphis City Employees Credit Union remains dedicated to its original mission – offering a not-for-profit personal service option for all of our members’ financial needs. While there have been numerous changes in the past 60 years, putting our members ahead of profits remains the hallmark. Our members are our credit union family. The credit union motto “People Helping People” is demonstrated in every transaction that takes place at the Memphis City Employees Credit Union. We promise each member personalized service and individualized financial attention.
Memphis City Employees Credit Union offers a full range of financial products and prides itself on offering the best possible rates and services to its member-owners. Choose from a wide variety of deposit services that include Savings Accounts, Checking Accounts, Money Market Accounts, IRAs, and Share Certificates of Deposit (CDs). We offer Loans, from New and Used Autos to First Mortgages, and Signature Loans. Many other no cost or low cost services are offered, including MasterCard Debit Cards, Official Checks, On line and Mobile banking, 24 Hour Teller, our easy-to-use website, and much more.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154