Memorial Credit Union

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A short history of Memorial CU

Since its inception in 1953 the Memorial Credit Union has been serving its members in the Houston, Texas area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by THOMAS ROGERS, the Memorial CU has grown its membership to over 10,129 with assets of more than $73,887,053. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (713) 778-4400 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Houston, TX.

General Information For Memorial CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 62571
Address 7789 SW FRWY SUITE 175 
City Houston 
State Texas 
Zip-Code 77074
Phone Number (713) 778-4400
Fax Number (713) 778-4420
Email Address:
Members 10,129 
Full-Time Employees 28 
Part-Time Employees
Number of Branch Offices
Total Assets 73,887,053 

Compare Memorial Credit Union To Other Local Credit Unions

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Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
National Oilwell Varco Employees CU PWC III 9724 Beechnut St 77036 (713) 634-3471 No 1.64
Promise CU Promise Credit Union 6500 Rookin St 77274 (832) 239-8599 No 2.27
Membersource CU Court 5400 Westheimer Ct 77042 (713) 627-4000 No 3.06
Ctecu CU CTECU 3100 Wilcrest Dr Ste 141 77242 (713) 532-7570 No 3.38
Jafari No-interest CU Houston 2323 S Voss Rd Ste 390 77057 (866) 341-1214 No 3.90

Memorial Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Memorial Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 12.90 3.25 3.25 4.22 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 452 174 120 171 229
Rank Among All Texas Credit Unions 100 64 48 47 46

Memorial Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.03 0.05 0.10 0.90 1.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 130 143 134 190 125
Rank Among All Texas Credit Unions 37 51 35 59 19
Memorial Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.9001,8772,132,263
All Other Unsecured Loans/Lines of Credit 10.7502,5467,357,436
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.25049210,230,007
Used Vehicle Loans 3.2502,17034,473,880
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.220364,059,399
Total Other Real Estate Loans/Lines of Credit 5.00014209,189
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.0001592,183,794
TOTAL LOANS & LEASES 7,29460,645,968

Memorial Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 172,771,0251209,000
    b. 15 Years or less 17988,5863180,000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 1289,35900
Adjustable Rate > 1 yr 110,42900


Closed-End Fixed Rate 9147,15700
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 562,03200
Open-End Fixed Rate 0000
TOTALS 504,268,5884389,000


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Memorial Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes