Mission and Purpose


Mission and Purpose


The mission of the Houston Metropolitan Federal Credit Union (Formerly Houston Municipal Employees FCU) is to provide excellent products and services which will improve the individual member’s economic position and quality of life.

Houston Metropolitan Federal Credit Union is different from other financial institutions because it is owned by the members who save and borrow here. In 1945, the Credit Union was chartered for the purpose of offering benefits to all City of Houston and Harris County Hospital District employees and personnel. HMFCU gives this authentic group of membership, both savers and borrowers, an economic advantage over other financial institutions with the same or similar services.

Our members are united by common bonds and democratically operate the Credit Union under federal regulation. Our 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 members as:

  • dividends on savings,
  • lower interest on loans and/or
  • as free or low-cost special services.

Call us at (713) 699-0795 or visit us at one of our locations for more information.


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*Based on credit approval. Restrictions may apply.