Your Credit Union Is Safe and Sound…and Insured

The Board of Directors and Management would like to take this opportunity to assure the membership that MEM Federal Credit Union is safe, sound, and federally insured. MEM continues to receive the highest rating by regulators in being well capitalized. Federal regulators consider a financial institution to be well capitalized if their net worth ratio is 7% or higher, MEM continues to maintain a strong ratio of nearly 14% or greater. Member shares are federally insured up to $100,000 by the National Credit Union Administration (NCUA) which is equivalent to the FDIC that insures banks. MEM is not affected by the current mortgage crises since we are not involved in sub-prime lending, and we do not participate in high risk investments.

Member Survey- Please take a minute to fill out our new member survey. This will help us to determine the future direction of new products and services here at the Credit Union.
Click here to begin, and thank you for your time.

Click here for our most recent newsletter. This requires the free adobe acrobat reader plugin available here: -