Orion Federal Credit Union

  • +1

A short history of Orion FCU

Since its inception in 1957 the Orion Federal Credit Union has been serving its members in the Memphis, Tennessee 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 Daniel Weickenand, the Orion FCU has grown its membership to over 65,563 with assets of more than $698,638,814. They have a main office and 11 branch offices. Please see the credit unions website or contact them by phone at (901) 385-5200 to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Memphis, TN.

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

Charter Number 24831
Address 7845 US Highway 64 
City Memphis 
State Tennessee 
Zip-Code 38133
Phone Number (901) 385-5200
Fax Number (901) 385-5200
Email Address: ----
CEO/President Daniel Weickenand
Members 65,563 
Full-Time Employees 174 
Part-Time Employees
Number of Branch Offices 11 
Total Assets 698,638,814 
Website http://www.orionfcu.com 

Compare Orion Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Healthnet CU Chickering Lane 1591 Chickering Ln 38016 (901) 226-1111 No 2.88
First South Financial CU Tiger Banking Center 209 Rawlins Service Ct 38152 (901) 678-4040 No 3.16
L G & W CU LG & W FCU 1616 Whitten Rd 38134 (901) 680-7995 No 3.77
Methodist Healthcare CU Olive Branch 4250 Bethel Rd 38168 (901) 516-5579 No 6.01
Southern Security CU Hickory Hill 3580 Ridge Meadow Pkwy 38083 (901) 795-0443 No 9.84

Orion Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Orion 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 N/A 2.49 2.49 4.13 4.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 83 51 160 168
Rank Among All Tennessee Credit Unions N/A 18 3 28 16

Orion Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.05 0.05 1.83 0.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 143 142 55 266
Rank Among All Tennessee Credit Unions 13 20 23 2 40
Orion Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 8.9904,7067,459,354
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00098589,676
New Vehicle Loans 2.4902,14738,120,615
Used Vehicle Loans 2.4909,447108,226,633
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.1301,390275,593,377
Total Other Real Estate Loans/Lines of Credit 4.5001,747104,175,964
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.2501,76165,922,765
TOTAL LOANS & LEASES 21,296600,088,384

Orion Federal 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 53870,827,48812416,782,040
    b. 15 Years or less 53939,785,475343,641,266
    a. > 15 years 2740,549,2191533,525,090
    b. 15 Years or less 3929,541,82271,136,110
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 81,551,08000
Adjustable Rate > 1 yr 23993,338,29300


Closed-End Fixed Rate 72880,485,13220620,223,407
Closed-End Adjustable Rate 1302,068,04300
Open-End Adjustable Rate 88921,622,789953,511,218
Open-End Fixed Rate 0000
TOTALS 3,137379,769,34148178,819,131


Interest Only & Payment Option 1st Mortgage Loans 420,169,31611,256,816
Interest Only & Payment Option Other RE/LOC Loans 88921,622,7893,511,218
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Orion 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 Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes