Mission and History

The mission of the Houston Municipal Employees Federal Credit Union is to provide products and services which will improve the individual member's economic position and quality of life.

Houston Municipal Employees Federal Credit Union is different from other financial institutions, because it is owned by the members who save and borrow here. The Credit Union was chartered in 1945 for the purpose of offering a benefit to our members (both savers and borrowers ) that gives them an economic advantage over other financial institutions with the same or similar services.

Members are united by common bonds and democratically operate the Credit Union under federal regulation. Members elect from among themselves the volunteers to serve on the Board of Directors, which sets policies and establishes bylaws for the credit union. The job of running the day-to-day operation of the Credit Union is delegated to the professional staff.

After deducting expenses and funds for reserves, as required by law, Credit Union income is returned to the members as dividends on savings, as lower interest on loans and/or as free or low-cost special services.

Deposit Services

Regular Savings
Christmas Club Savings
Vacation Club Savings
Money Market Accounts
IRA Savings
Certificate of Deposit Accounts
Checking Accounts
ACH – Automated Clearing House Transactions
Payroll Deductions
Direct Deposit
Drive-Thru Facility
Night Depository

Miscellaneous Services

ACH – Origination
ATM Debit Cards
5-ATM’s
Electronic wires
Money Orders
MUNI 24-Hour Teller
Notary Service
Online Banking
Over Draft Privilege
Teller Checks
VISA Check Cards
Western Union

Loan Services

Indirect Auto Loans
Direct Auto Loans
Motorcycle Loans
Boat Loans
Home Improvement Loans
Home Equity Loans
GE Auto Warranty Services
AutoExam
Credit Life and Credit Disability Insurance
Signature Loans
Line of Credit Loans
Student Loans
MasterCard and VISA Credit Cards
Second Chance Loans
GAP Insurance

We believe that the Credit Unions success is due to the support and loyalty of our members. Houston Municipal Employees Federal Credit Union will continue to strive for quality service and member satisfaction.

THANK YOU, for your continued support and commitment to your credit union.

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Board of Directors

David Miller ……Chairman
Barbara Pierce……Vice Chairwoman
Rosa Henderson……Treasurer
Eric Dargan ……Secretary
Alma Rido ……Director
Patsy Jackson ……Director
Rod Newman ……Director