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Kellogg Memphis Employees Federal Credit Union Memphis, Tennessee

Kellogg Memphis Employees Federal Credit Union is a federal credit union headquartered in Memphis, TN, established in 1960 (NCUA charter 13634), and it is regulated and insured by the NCUA. At Q2 2026 it reported 523 members and total assets of $3.1M (down 19.5% from Q2 2025), the 116th largest of 123 credit unions headquartered in Tennessee. Its net worth ratio was 29.13% at Q2 2026, in the well capitalized band.

Also written as Kellogg Memphis Employees FCU

BankRegReports is independent of Kellogg Memphis Employees Federal Credit Union and never asks for online banking logins or passwords.

Memphis, TN Credit Union Est. 1960 NCUA #13634 NCUA

Data as of · sourced from NCUA 5300 call reports. How we update

Latest · June 30, 2026
Charter
Federal credit union
Regulator
NCUA
Deposit insurance
NCUA (NCUSIF)
NCUA charter number
13634
Headquarters
Memphis, TN
Established
1960
Total assets, Q2 2026
$3.1M
Assets vs Q2 2025
-19.5%
Members, Q2 2026
523
Net worth ratio, Q2 2026
29.13%
Latest call report
Q2 2026, NCUA 5300 · Kellogg Memphis Employees Federal Credit Union call report
Asset rank in state
116th of 123 in Tennessee
Routing number
284084541
Branches
2

It has 2 fewer members than on June 30, 2025 (-0.4%). Its net worth ratio was up 3.55 percentage points from 25.58% on June 30, 2025. Used vehicle loans are its largest loan category, $1.0M of $2.1M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 3.55% is above the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 29.13% net worth ratio is above that band's 14.31% median.

Frequently asked about Kellogg Memphis Employees Federal Credit Union

How big is Kellogg Memphis Employees Federal Credit Union?

At Q2 2026 it reported total assets of $3.1M and 523 members.

Where is Kellogg Memphis Employees Federal Credit Union headquartered?

It is headquartered in Memphis, TN, United States.

When was Kellogg Memphis Employees Federal Credit Union founded?

It was established in 1960, per NCUA records.

Is Kellogg Memphis Employees Federal Credit Union FDIC insured?

No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 13634): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.

Who regulates Kellogg Memphis Employees Federal Credit Union?

It is a federal credit union, chartered and supervised by the NCUA.

Is Kellogg Memphis Employees Federal Credit Union well capitalized?

Its net worth ratio was 29.13% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.

What is Kellogg Memphis Employees Federal Credit Union's delinquency ratio?

Its delinquency ratio was 3.55% at Q2 2026: loans 60 or more days past due as a share of total loans.

What is Kellogg Memphis Employees Federal Credit Union's loan-to-share ratio?

Its loan-to-share ratio was 94.44% at Q2 2026: total loans as a share of member shares and deposits.

Credit Union Profile

Headquarters
Memphis, TN 38114
Charter Type
Federal credit union
Primary Regulator
NCUA
Insurance
NCUSIF
Established
1960
NCUA Charter #
13634
RSSD ID
50087
Members
523
Potential members
582

Size & Membership

Total assets $3.1M
Total shares & deposits $2.2M
Total loans $2.1M
  Used vehicle loans$1.0M
  New vehicle loans$554K
  Unsecured credit card loans$251K
  Other unsecured loans and lines of credit$224K
  Other secured non-real estate loans and lines of credit$26K
Members 523

Profitability

Q2 annualized
Return on assets (ROA) -1.71%YTD -2.64%
Return on equity (ROE) -5.87%YTD -8.83%
Net interest margin 5.49%YTD 5.61%
Efficiency ratio 117.73%
Cost of funds 0.15%

Capital & Asset Quality

Net worth $904K
Net worth ratio 29.13%
Net worth category Well capitalized
Delinquency ratio 3.55%
Loan-to-share ratio 94.44%
Yield on assets 5.64%

Peer comparison: credit unions of similar size

It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 3 of 7 ranked measures and in the bottom quartile on 4.

Metric This credit union Peer median Rank among peers
Net worth ratio Middle half of peers: 11.14% to 19.38% 29.13% 14.31% over 90th top
Return on assets Middle half of peers: 0.16% to 1.30% -1.71% 0.72% under 10th bottom
Return on equity Middle half of peers: 1.04% to 8.69% -5.87% 4.74% under 10th bottom
Net interest margin Middle half of peers: 3.31% to 4.53% 5.49% 3.93% over 90th top
Efficiency ratio Middle half of peers: 68.03% to 91.60% 117.73% 79.83% under 10th bottom
Cost of funds Middle half of peers: 0.37% to 1.23% 0.15% 0.78% over 90th top
Delinquency ratio Middle half of peers: 0.35% to 1.93% 3.55% 0.86% 13th bottom
Yield on assets Middle half of peers: 4.21% to 5.32% 5.64% 4.70% 81st position only
Loan-to-share ratio Middle half of peers: 42.33% to 75.81% 94.44% 58.92% over 90th position only

Quarterly trends

Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built

Assets, loans and shares

$3.1M total assets against $3.9M; $2.2M total shares and deposits against $2.8M; $2.1M total loans against $2.5M.

Net worth

$904K net worth against $986K.

Net worth ratio

29.13% net worth ratio against 25.58%.

Loan-to-share ratio

94.44% loan-to-share ratio against 88.90%.

Delinquency ratio

3.55% delinquency ratio against 2.72%.

Return on assets and return on equity

-1.71% return on assets against -5.12%; -5.87% return on equity against -20.02%.

Net interest margin

5.49% net interest margin against 5.41%.

Members

523 members against 525.

Quarterly trend: last 6 quarters

Quarter Net worth ratio ROA Delinquency Loan-to-share
June 30, 2026 29.13% -1.71% 3.55% 94.44%
March 31, 2026 29.67% -3.56% 2.27% 98.02%
December 31, 2025 30.57% -3.37% 3.64% 105.32%
September 30, 2025 26.60% -1.66% 2.90% 91.10%
June 30, 2025 25.58% -5.12% 2.72% 88.90%
March 31, 2025 27.46% -1.37% 5.13% 93.79%

Scroll sideways to see every column.

Watch flags

Delinquency at 3.55%, elevated credit deterioration BRR analysis What does this mean? →

Loans 60+ days delinquent exceed 2% of the loan book, well above the credit-union industry norm of under 1%. Sustained high delinquency erodes net worth through charge-offs. BankRegReports band vs the <1% industry norm.

Return on assets at -1.71%, operating at a loss BRR analysis What does this mean? →

The credit union posted negative net income relative to assets in its latest filing. Credit unions build net worth only through retained earnings, so sustained losses gradually weaken capital. BankRegReports flag, negative earnings.

How we read these figures

Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.