Memphis City Employees Credit Union at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
17th21.3% deniedProcesswithdrawn + incomplete share, weight 15%
21st19.4%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 181 | 105 | 22.1% | 27.4% | — | $13M |
| 2024 | 154 | 117 | 16.9% | 18.2% | — | $16M |
| 2025 | 186 | 118 | 17.2% | 21.3% | — | $19M |
What Memphis City Employees Credit Union lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 4 investment properties.
Who gets approved at Memphis City Employees Credit Union
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 28 | 11 | 45.0% |
| $50k – $100k | 69 | 41 | 25.5% |
| $100k – $150k | 58 | 43 | 14.0% |
| $150k – $250k | 22 | 17 | 5.6% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 39 | 24 | 22.6% |
| 45–54 | 49 | 33 | 15.4% |
| 55–64 | 41 | 24 | 22.6% |
| 65–74 | 28 | 17 | 29.2% |
Where Memphis City Employees Credit Union lends
3 states and 12 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Tennessee | 151 | 95 | 18.5% | — | #258 |
| Mississippi | 28 | 19 | 10.7% | — | #216 |
| Arkansas | 7 | 4 | 14.3% | — | #379 |
Frequently asked questions
Memphis City Employees Credit Union denied 21.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 17th percentile of small mortgage lenders.
In 2025, 22% of its applications were for home purchases, 78% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.