Resource Federal Credit Union

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A short history of Resource FCU

Since its inception in 1963 the Resource Federal Credit Union has been serving its members in the JACKSON, 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 Davida Barker, the Resource FCU has grown its membership to over 4,789 with assets of more than $38,407,754. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (731) 668-3464 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 JACKSON, TN.

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

Charter Number 24575
State Tennessee 
Zip-Code 38305
Phone Number (731) 668-3464
Fax Number (731) 668-5573
Email Address:
CEO/President Davida Barker
Members 4,789 
Full-Time Employees 12 
Part-Time Employees
Number of Branch Offices
Total Assets 38,407,754 

Compare Resource Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Leaders Credit Union CU Branch 3- South 1291 S Highland Ave 38308 (731) 664-1784 No 4.12
Patriot Equity CU Patriot Equity Credit Union 1450 Union University Dr 38305 (731) 668-1155 No 4.67
Enlighten CU Main Office 1306 Highway 70 Byp 38301 (731) 423-7499 No 6.59

Resource Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Resource 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 8.65 7.20 7.30 4.00 6.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 131 557 571 138 368
Rank Among All Tennessee Credit Unions 9 91 77 24 36

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 N/A 0.50 0.75
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 129 N/A 263 192
Rank Among All Tennessee Credit Unions N/A 17 N/A 33 18
Resource Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.650353276,506
All Other Unsecured Loans/Lines of Credit 10.5008201,303,864
Short-Term, Small Amount Loans (STS) (Federal CU Only) 21.000241120,738
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 7.20051968,794
Used Vehicle Loans 7.3004004,464,660
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.000341,938,605
Total Other Real Estate Loans/Lines of Credit 6.25025561,169
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 7.3501181,239,413
TOTAL LOANS & LEASES 2,04210,873,749

Resource 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 0000
    b. 15 Years or less 341,938,60500
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 25561,16900
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 592,499,77400


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

Resource Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
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 No
Home Banking Via Internet Website Yes