Memphis Area Teachers’ CU Changes Name To Orion FCU

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MEMPHIS, Tenn. – Memphis Area Teachers’ CU is converting to a federal charter and will be known starting in mid-June as Orion FCU.

The $530 million credit union has dropped “teachers” from the new name because even though educators make up a large part of its membership, many area residents meet the eligibility requirements to join.

One of the benefits the credit union will get from becoming a federally regulated institution is the elimination of state exam fees.


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