Membership Eligibility


You may become a member of Memphis City Employees Credit Union if:

  • You are employed with the City of Memphis
  • You are employed with the City of Bartlett
  • You are employed with Airport Authority
  • You are employed with Memphis & Shelby County Library
  • You are employed with MLGW
  • You are employed with Smith & Nephew
  • You are employed with the IRS Service Center in Memphis, TN
  • You are employed with MCR Safety
  • You were eligible for membership with Smith & Nephew Employees Credit Union
  • You were eligible for membership with Agility Financial Credit Union
This includes spouses of persons who have passed away while within the field of membership of this credit union, persons retired as pensioners or annuitants from the above employment, and members of the immediate family or household of the above field of membership.






What is a Credit Union?


A credit union is a member-owned, not-for-profit cooperative that is owned, managed, and utilized by its member-owners. The Board of Directors is elected from and by the general membership and are unpaid volunteers. The members are both the stockholders and the customers. Therefore, any profits the credit union realizes are returned to the member-owners in the form of lower loan rates, higher savings rates, lower fees, and stronger capital than for-profit, stockholder-owned and controlled banks.





Our History


The Memphis City Employees Credit Union, formerly the City of Memphis Credit Union, was established in May of 1959.

The Credit Union has experienced tremendous growth and accomplishment over the last 66 years. Our first branch opened its doors in a corner of the City Treasurer’s office at the old court house and began serving the city employees and their families. Though small, with what originally could be stored in a shoe box, the Memphis City Employees Credit Union has always been a very proud organization and has now grown to over 44,000 members.


The Memphis City Employees Credit Union remains dedicated to its original mission – offering a not-for-profit personal service option for all of our members’ financial needs.

While there have been numerous changes in the past 66 years, putting our members ahead of profits remains the hallmark. Our members are our credit union family. The credit union motto “People Helping People” is demonstrated in every transaction that takes place at the Memphis City Employees Credit Union. We promise each member personalized service and individualized financial attention.


Memphis City Employees Credit Union offers a full range of financial products and prides itself on offering the best possible rates and services to its member-owners.

Choose from a wide variety of deposit services that include Savings Accounts, Checking Accounts, Money Market Accounts, IRAs, and Share Certificates of Deposit (CDs). We offer Loans, from New and Used Autos to First Mortgages, Debt Consolidation, and Signature Loans. Many other no cost or low-cost services are offered, including MasterCard Debit Cards, Official Checks, Digital Banking, 24 Hour Teller, our easy-to-use website, and much more.

To become a member, you only need a minimum $5.00 deposit into a Savings Account.

That first deposit provides you with immediate access to the many products and services available at Memphis City Employees Credit Union. Membership has its privileges, and you retain those privileges throughout your life. Once a member, always a member! In addition, all immediate family of current members can become members regardless of residency.