The Memphis City Employees Credit Union All Credit Levels is a cdfi lender from Memphis City Employees Credit Union. The ongoing APR is 3.99% - 5.29%. Rewards: Special programs include a no-credit check loan option and youth savings account incentives.. Loan terms: 60 Months, 72 Months, 84 Months. This product reports activity to your personal credit report. Memphis City Employees Credit Union is a financial institution that provides a range of banking services and lending options to its members. Established in 1959, it serves city employees and their families in Memphis, TN. Services include: auto loans, personal loans, express loans. US Treasury certified CDFI Credit Union in Memphis, TN. Membership required.