Memorial Employees Federal Credit Union

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A short history of Memorial Employees FCU

Since its inception in 1971 the Memorial Employees Federal Credit Union has been serving its members in the HOLLYWOOD, Florida 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 George Glasser, the Memorial Employees FCU has grown its membership to over 8,878 with assets of more than $64,608,299. They have a main office and 7 branch offices. Please see the credit unions website or contact them by phone at (954) 265-5862 or email them at JSlocomb@mefcu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in HOLLYWOOD, FL.

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

Charter Number 20468
Address 3501 JOHNSON STREET 
City HOLLYWOOD 
State Florida 
Zip-Code 33021
Phone Number (954) 265-5862
Fax Number (954) 265-5857
Email Address: JSlocomb@mefcu.org
CEO/President George Glasser
Members 8,878 
Full-Time Employees 17 
Part-Time Employees
Number of Branch Offices
Total Assets 64,608,299 
Website http://www.mefcu.org 

Compare Memorial Employees Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Sun CU Main Office 4205 Hollywood Blvd 33021 (954) 967-4441 No 0.80
Tropical Financial CU North Dade 20395 NW 2nd Ave 33025 (888) 261-8328 No 6.51
Shaw-ross Employees CU Main Office 1600 NW 163rd St 33169 (305) 625-4171 No 7.25
Brightstar CU BirghtStar Credit Union 1879 N State Road 7 33310 (954) 486-2728 No 8.30
Power Financial CU Main Headquarters/Sheridan Branch 2020 NW 150th Ave 33028 (954) 538-4400 No 9.79

Memorial Employees Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Memorial Employees Federal 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 9.52 4.62 5.42 4.34 5.02
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 203 354 374 185 232
Rank Among All Florida Credit Unions 20 68 53 28 24

Memorial Employees Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.02 0.10 0.22 0.31 N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 135 129 111 300 N/A
Rank Among All Florida Credit Unions 18 19 23 59 N/A
Memorial Employees Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.5204681,242,983
All Other Unsecured Loans/Lines of Credit 11.5507171,596,123
Short-Term, Small Amount Loans (STS) (Federal CU Only) 18.000920417,153
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.6201993,350,984
Used Vehicle Loans 5.42082410,474,483
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.3407362,004
Total Other Real Estate Loans/Lines of Credit 5.020481,533,838
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 10.52018112,946
TOTAL LOANS & LEASES 3,20119,090,514

Memorial Employees Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 0000
    b. 15 Years or less 6147,00700
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 1214,99700
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 18535,36700
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 30998,47100
Open-End Fixed Rate 0000
TOTALS 551,895,84200

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

Memorial Employees Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
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