Orion Federal Credit Union Memphis, Tennessee
Orion Federal Credit Union is a federal credit union headquartered in Memphis, TN, established in 1957 (NCUA charter 24831), and it is regulated and insured by the NCUA. At Q2 2026 it reported 70,670 members and total assets of $1.30B (up 1.8% from Q2 2025), the 8th largest of 123 credit unions headquartered in Tennessee. Its net worth ratio was 18.42% at Q2 2026, in the well capitalized band.
Also written as Orion FCU · Trade name filed with the NCUA: Orion Financial
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 24831
- Headquarters
- Memphis, TN
- Established
- 1957
- Total assets, Q2 2026
- $1.30B
- Assets vs Q2 2025
- +1.8%
- Members, Q2 2026
- 70,670
- Net worth ratio, Q2 2026
- 18.42%
- Latest call report
- Q2 2026, NCUA 5300 · Orion Federal Credit Union call report
- Asset rank in state
- 8th of 123 in Tennessee
- Routing number
- 284084907
- Branches
- 12
It has 2,766 more members than on June 30, 2025 (+4.1%). Its net worth ratio was down 0.38 percentage points from 18.80% on June 30, 2025. Commercial loans are its largest loan category, $458.0M of $1.14B in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.55% is below the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 18.42% net worth ratio is above that band's 10.89% median.
Credit unions similar in size in Tennessee
Credit unions merged into Orion Federal Credit Union
Arkansas Employees Federal Credit Union (2018) · Memphis Air Reserve Federal Credit Union (2014)
Frequently asked about Orion Federal Credit Union
How big is Orion Federal Credit Union?
At Q2 2026 it reported total assets of $1.30B and 70,670 members.
Where is Orion Federal Credit Union headquartered?
It is headquartered in Memphis, TN, United States.
When was Orion Federal Credit Union founded?
It was established in 1957, per NCUA records.
Is Orion Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 24831): 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 Orion Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Orion Federal Credit Union well capitalized?
Its net worth ratio was 18.42% 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 Orion Federal Credit Union's delinquency ratio?
Its delinquency ratio was 0.55% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Orion Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 110.58% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Memphis, TN 38103
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1957
- NCUA Charter #
- 24831
- RSSD ID
- 493497
- Members
- 70,670
- Potential members
- 1,315,516
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 454 credit unions with $1B to $10B in assets, as of Q2 2026. It is in the top quartile on 1 of 7 ranked measures and in the bottom quartile on 3.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 12.63% | 18.42% | 10.89% | over 90th top |
| Return on assets Middle half of peers: 0.59% to 1.25% | 0.08% | 0.89% | under 10th bottom |
| Return on equity Middle half of peers: 5.37% to 10.92% | 0.43% | 8.07% | under 10th bottom |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 3.38% | 3.45% | 46th below |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 90.68% | 70.59% | under 10th bottom |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 1.37% | 1.68% | 75th above |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 0.55% | 0.68% | 64th above |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 4.75% | 5.12% | 28th position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 110.58% | 88.03% | 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
$1.30B total assets against $1.28B; $1.03B total shares and deposits against $1.01B; $1.14B total loans against $1.05B.
$239.7M net worth against $240.8M.
18.42% net worth ratio against 18.80%.
110.58% loan-to-share ratio against 103.19%.
0.55% delinquency ratio against 0.60%.
0.08% return on assets against 0.21%; 0.43% return on equity against 1.12%.
3.38% net interest margin against 3.29%.
70,670 members against 67,904.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 18.42% | 0.08% | 0.55% | 110.58% |
| March 31, 2026 | 18.42% | 0.13% | 0.56% | 105.10% |
| December 31, 2025 | 18.62% | 0.19% | 0.97% | 106.33% |
| September 30, 2025 | 18.70% | 0.17% | 0.55% | 103.41% |
| June 30, 2025 | 18.80% | 0.21% | 0.60% | 103.19% |
| March 31, 2025 | 19.09% | 0.22% | 0.50% | 102.08% |
Scroll sideways to see every column.
Watch flags
Loans outstanding exceed total member shares (deposits). The credit union is funding the gap with borrowings or non-member sources that are more rate-sensitive and less stable than core member deposits. Industry heuristic, not a supervisory threshold.
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.