Data Source: NCUA, December 31, 2016
Appliance Credit Union was founded in 1972. Headquartered in Cleveland, Tennessee, Appliance Credit Union is a state chartered and federally insured credit union, being chartered in Tennessee and insured through the National Credit Union Share Insurance Fund (NCUSIF). Appliance Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, Appliance Credit Union services 2,370 members through its 5 full-time employees. It has $11,371,390 of total assets and $1,726,205 of net worth. Based on its asset size and net worth ratio, Appliance Credit Union is classified as a Well Capitalized medium small credit union.
Appliance Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Appliance Credit Union also provides an array of services to its members and local communities. Appliance Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of Appliance Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Tennessee and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
Appliance Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, and ATMs. The table below lists the electronic banking services prlided by Appliance Credit Union.
Electronic Banking Service Offerings
Community and other Service Offerings
Appliance Credit Union
640 King Edward Ave Se
Cleveland, TN 37311