MEMORIAL

Headquarters

7789 SW FRWY SUITE 175
Houston, TX 77074
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.15% 1.40% →
1-Year CD 1.11% 1.15% →
2-Year CD N.A. 1.26% →
5-Year CD N.A. 2.25% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Memorial is an NCUA insured institution located in Houston, TX. It was founded in 1953 and has approximately $78.94 millions in assets.

NCUA Insured Yes
Charter Number # # 62571
Date Established 1953
Assets $78.94 million
Loans $67.17 million
Deposits $70.84 million
Capital $7.79 million
 

Field of Membership Restrictions

Membership is open to employees of Memorial Hermann Healthcare System, El Campo Hosptial, Airdyne, Kobelco Construction Machinery America, LLC, Bayland, Inc. – SW Quality Molding, Pipeline Inspection Company, Quietaire, Spectrum Corporation, Speed Shore Corporation, Texas Eye Institute. Membership is also open to anyone living within a 10-mile radius of any credit union office.

Deposit Rates - July 13, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.15% $2,500 $4,999 Learn More
Money Market
0.35% $2,500 $2,999 Learn More
Money Market
0.35% $10,000 $14,999 Learn More
Money Market
0.45% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.75% $10,000 $14,999 Learn More
6 Mo CD
0.75% $100,000 $199,999 Learn More
12 Mo CD
1.11% $10,000 $14,999 Learn More
12 Mo CD
1.11% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.03% $2,500 $3,499 Learn MoreShow Less

Loan Rates - July 13, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for MEMORIAL

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:



Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
2.951% 2.875% 1.00 $2,445 $1,038 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to MEMORIAL
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Memorial branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Fairfield,Connecticut


Memorial Locations


Financial Details

Memorial Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Memorial. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Memorial U.S. Average
11.32% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, Memorial had $932,837 in non-current loans and $6,775 in owned assets. To cover these potential losses it had $7,790,519 in net worth and $507,661 in loans loss reserves. That gives it a Texas Ratio of 11.32%.

Net Worth
Memorial U.S. Average
9.86% 13.61%

Memorial FCU has a net worth of 9.86% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Memorial

Branches and Savings

What is Memorial?

A federal credit union, registered with the NCUA under certificate #62571.
Learn more about credit unions here.

Is Memorial FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Memorial?

Please see Field of Membership information above for information on who is eligible to join.

What are Memorial's share account and share certificate rates?

Memorial's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Memorial?

Memorial has total capital of $7.79 million. Full information on Memorial's financial position is located above.

Who owns Memorial?

Credit Unions are owned by their members.

Where are Memorial branches located?

See branch locations nearby.

Are Memorial ATMs Open 24/7?

Do Memorial ATMs accept cash deposits?

Can Memorial customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Memorial have a mobile app?

Does Memorial have mobile deposit?

Does Memorial have quick pay?

How can Memorial transfer money to other banks or credit unions?

Does Memorial report to credit bureaus?

Does Memorial use Chexsystems?

Does Memorial use Equifax?

What is Memorial's toll free phone number?

What is Memorial's ACH Routing Number?

What is Memorial's SWIFT code?

Where can I find Memorial's wire transfer form?

What is the Memorial address for deposits?

What Products Does Memorial Offer

Does Memorial offer mortgages?

Compare mortgage rates here.

Does Memorial offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Memorial offer auto and RV loans?

Compare auto loan rates here.

Does Memorial offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Memorial

There are currently no comments for Memorial. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →