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People Helping People/CDFI

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Why being a CDFI matters to Memphis City Employees Credit Union -- and you.

As a certified Community Development Financial Institution (CDFI), MCECU is mission driven. We are dedicated to providing financial services that meet the needs of everyone we serve – including people and communities typically underserved by traditional banks.

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We are proud to be a CDFI for the Memphis region. We believe CDFIs should be defined by what they do, not just where they are located.
We offer a range of products and services that meet the specific needs of the people in our community. We even have products and services designed for people with low credit scores or no credit histories including:

  • No credit score checking accounts with free online and mobile banking
  • No monthly service charge checking accounts
  • Debit cards to all checking account holders
  • Low – or no-score personal loans
  • Low – or no-score auto loans
  • Low fixed-rate Mastercard Credit Cards with no annual fee and rewards
  • Share-secured Mastercard Credit Cards
  • No credit check/Semi-annual helping hand loans
  • Annual Skip-a-payment loan opportunities

Become a MemberJoining your credit union only takes a few minutes!

Here's what you'll need: 
Your SSN
Your Driver's License or State ID
Your Contact information

Do you already have a login?
Log in and choose the Quick Apply Tab for a faster experience. We can prefill part of the application and provide access to your MCECU accounts.

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Special Vacation Loan  

$500 or $1,000 options. No credit check for approval if applicant meets all minimum requirements as set forth by MCECU.
Restrictions apply. For more information or to apply by phone, call 901-321-1200. 
Offer ends JUNE 30, 2023.