KNOXVILLE, Tenn. (1/18/08)--UT FCU has received approval to serve the five-county Knoxville area. The $144 million asset credit union was granted a community charter by the National Credit Union Administration to serve members who live, work, regularly conduct business, worship or attend schools in Knox, Anderson, Blount, Loudon and Union counties (The Knoxville News Sentinel Jan. 17). UT FCU was chartered 38 years ago to serve employees of the University of Tennessee school system and their families. It operates three branches in the Knoxville area, and will open a fourth branch Farragut. It also has branches in Memphis and Martin.