Sep, 30, 2025 — UPS EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in MEMPHIS, TN with 1 branch location and about $42.45 million in total assets. Opened 46 years ago in 1980, UPS EMPLOYEES CREDIT UNION has about 6,208 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | UPS EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 1814 E Brooks Rd MEMPHIS, TN 38116 |
| Phone: | (901) 396-2132 |
| Fax: | (901) 345-0400 |
| Website: | https://www.upscu.org |
| Branches: | 1 branch locations |
| Members: | 6,208 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 67608 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1980 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $42,454,865 |
| CEO/Manager: | Blake Wood |
| Chairperson: | Wayne Holobaugh |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 5,057,270 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 28,748 |
| Unsecured Loans | 3,677,982 |
| Other Loans | 26,288,366 |
| TOTAL LOANS | 29,995,096 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -700,282 |
| Land And Building | 314,470 |
| Other Fixed Assets | 25,416 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 306,249 |
| All Other Assets | 0 |
| TOTAL ASSETS | 42,454,865 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 610,266 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 3,249,287 |
| Regular shares | 23,385,971 |
| All Other Shares & Deposits | 5,277,438 |
| TOTAL SHARES & DEPOSITS | 31,912,697 |
| TOTAL LIABILITIES | 32,522,963 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 9,931,902 |
| TOTAL EQUITY | 9,931,902 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 42,454,865 |
| INCOME & EXPENSE | |
| Loan Income | 1,778,067 |
| Investment Income | 290,263 |
| Other Income | 234,742 |
| Total Employee Compensation & Benefits | 719,605 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 580,237 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 140,000 |
| Cost of Funds | 203,617 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 751,569 |
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