Orion is not-for-profit. We've spent more than 60 years sharing our profits with our Members and our community.

What does it mean to be an Orion Member?

It means higher deposit rates, lower loan rates, personalized checking options and digital banking solutions specifically designed to meet the needs of our community.

Click the tabs below to learn more about us - and how we'reĀ redefining banking.

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Orion History

Our history began in 1957 when a group of teachers saved their money in a piano bench in the basement of a Memphis city school. Today, we still have that original piano bench and hold tight to our roots. We are stronger when we come together in a spirit of cooperation. When we pool our resources, it builds something greater for our community.

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Become a Member

You can qualify for membership with Orion in several ways: where you live, who you work for, organizations you volunteer for, where you go to school, or relatives that are already Orion members. Establishing membership with Orion takes just a minimum deposit of $25 into a share savings account. This $25 represents your share of ownership in Orion. That's right - our Members are also considered our shareholders. Our Account Services Team or our New Account Tool will help you figure out exactly how you qualify for membership. Click here to open an account.

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Credit Unions vs. Banks

Credit unions and banks are different. Both financial institutions can offer similar products and services, but at a credit union you're not just a customer, you're a member. Membership in a credit union means you are part owner. Credit Unions are controlled by the members who use their services. Member-owned means that credit unions are focused on people over profits. Profits are passed along to members through affordable financial products and services that help you achieve financial freedom.