MEMORIAL EMPLOYEES FINANCIAL Credit Union Profile

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MEMORIAL EMPLOYEES FINANCIAL

Charter #68738 | NCUA Region 2 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (954) 265-5862

Fax: (954) 265-5857

Founding Date: N/A

Website: http://www.mefcu.org

Personnel & Operations

President: Blackwood, Dionne

Manager: Glasser, George

FT Employees: 18

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 7

Hours: 8:30 AM - 4:00 PM

Credit Union Profile Summary

MEMORIAL EMPLOYEES FINANCIAL is a FISCU Credit Union. With a total of 8,949 members [1], this institution manages approximately $91,766,405 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 10.82% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -4.68% [1].

Financial Snapshot

Total Assets [1]
$91,766,405

Total economic resources.

Total Loans [1]
$44,134,737

Total value of outstanding loans.

Total Deposits [1]
$83,642,976

Total funds deposited by members.

Members [1]
8,949

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.82%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.18%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
52.77%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
-0.25%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-4.68%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
-1.06%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

3501 JOHNSON ST

HOLLYWOOD, FL, 33021-5421

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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