Question 1

What is MPD Community Credit Union?

Accepted Answer

MPD Community Credit Union is a state-chartered community credit union serving Davidson County, Tennessee. With approximately $38.5 million in assets and nearly 3,000 members, MPD Community Credit Union operates as a member-owned financial cooperative providing full-service banking to individuals and small businesses.

The credit union specializes in serving anyone who lives, works, worships, attends school, or conducts business in Davidson County. Originally founded to serve Metro Nashville Police Department employees, MPD has evolved into a community-focused institution offering competitive rates and personalized financial services.

Question 2

When was MPD Community Credit Union founded?

Accepted Answer

MPD Community Credit Union was founded on November 7, 1966, when M. A. Bryan, Superintendent of Banks for the State of Tennessee, signed its charter. The credit union was originally established as "MPD Employees Credit Union" by eight founding members: Johnnie Griggs, Jr., Charles N. Kimbrough, David F. Bruce, Jr., Charles E. Hay, Tillman A Fox, L. T. Dickens, Mildred M. Arnold, and Ernest W. Castleman.

The original office was located at 110 Public Square in Nashville, serving Metro Nashville Police Department employees. Over the decades, the credit union expanded its mission and membership base.

In 2000, the Tennessee Department of Financial Institutions granted a "streamlined" field of membership, allowing the credit union to serve small businesses with 100 or fewer employees. In May 2005, the credit union received a community charter and changed its name to "MPD Community Credit Union," opening membership to the broader Davidson County community.

Question 3

Where is MPD Community Credit Union headquartered?

Accepted Answer

MPD Community Credit Union is headquartered at 2711 Old Lebanon Pike in Nashville, Tennessee. The credit union moved to this custom-built facility in August 2009 after purchasing two plots of land in the Donelson area in December 2008. Construction began in February 2009.

Prior to this location, the credit union had offices at 110 Public Square, the Criminal Justice Center (3rd floor and basement), South Station Precinct branch, and the Realtors Building at 306 Gay Street.

Question 4

Where does MPD Community Credit Union operate?

Accepted Answer

MPD Community Credit Union operates primarily in Davidson County, Tennessee, serving the greater Nashville metropolitan area. The credit union's community charter allows membership to anyone who lives, works, worships, attends school, or conducts business in Davidson County.

Family members of primary account holders are also eligible for membership, extending the credit union's reach beyond the immediate geographic boundaries.

Question 5

What services does MPD Community Credit Union offer?

Accepted Answer

MPD Community Credit Union provides a comprehensive range of financial services, including:

Deposit Accounts: Checking accounts, savings accounts, money market accounts, and certificates of deposit (CDs) with competitive interest rates and low fees.

Lending Services: Personal loans, auto loans, home mortgages, and commercial loans for small businesses. The credit union also offers lines of credit tailored to both consumer and business needs.

Business Services: Business checking and savings accounts, commercial loans, and financial planning resources designed for small businesses with 100 or fewer employees.

Digital Banking: Online banking platform with account management, fund transfers, transaction history, bill payment services, and mobile banking through their app. Members can use mobile check deposit, set up account alerts, and manage debit and credit cards online.

Additional Services: Credit cards, financial planning advice, and electronic statements.

Question 6

What makes MPD Community Credit Union unique?

Accepted Answer

MPD Community Credit Union distinguishes itself through its deep roots in public service and community focus. Originally founded to serve Metro Nashville Police Department employees, the credit union maintains strong ties to first responders and public servants while serving the broader Davidson County community.

The credit union's mission emphasizes encouraging savings and providing low-cost loans at the most reasonable rates possible. With a BBB A+ rating and BBB accreditation since 2011, MPD demonstrates a commitment to member satisfaction and ethical business practices.

As a smaller community credit union with approximately 3,000 members, MPD offers personalized service where members receive individual attention rather than being treated as account numbers. The credit union actively participates in community events, sponsors local organizations, and offers financial education programs to improve financial literacy.

Question 7

What type of financial institution is MPD Community Credit Union?

Accepted Answer

MPD Community Credit Union is a state-chartered natural person credit union regulated by the National Credit Union Administration (NCUA) and the Tennessee Department of Financial Institutions. As a state credit union, it operates under Tennessee state law while maintaining federal insurance through the NCUA.

The credit union follows a cooperative structure where members are both customers and owners. Each member has equal voting rights regardless of account balance, and the credit union is governed by a volunteer board of directors elected by the membership.

Membership is open to anyone who lives, works, worships, attends school, or conducts business in Davidson County, Tennessee, as well as immediate family members of existing members. The credit union holds a low-income designation from the NCUA, reflecting its commitment to serving underserved communities.

MPD Community Credit Union

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About MPD Community Credit Union in the United States