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About Us

Mission Statement

To provide the highest quality of personal financial services in a friendly, professional manner; to encourage savings and the wise use of credit; to increase the knowledge and ability of our members to manage and control their finances.

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.


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 65 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 40,000 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 60 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, On line and Mobile 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 relatives of current members can become members regardless of residency.

Our Switch Kit makes it easy for you to quickly and securely switch your direct deposits and recurring ACH payments to a new or existing MCECU account.
(Note: Not for debit card transactions.)
Arrows with the words Switching Made Easy.

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