About MEFCU
Welcome to Members Exchange Federal Credit Union
For 70 years, Members Exchange Federal Credit Union (MEFCU) has helped thousands of people just like you manage their finances, keep debt under control, and follow their dreams.
If you live, work, worship, or attend school in Hinds, Madison, Rankin, Simpson, Copiah, Attala, Claiborne, Covington, Holmes, Jasper, Jefferson, Jefferson Davis, Jones, Lawrence, Leake, Lincoln, Neshoba, Newton, Scott, Smith, Warren, Winston, and Yazoo Counties in Mississippi or if you are an immediate family member of a person who qualifies – become an MEFCU member today!
The MEFCU Service Commitment
Today, we remain steadfast in our commitment to providing each and every one of our members with unmatched service and attention – all in keeping with four key principles:
Each and every member of Members Exchange Credit Union shall receive:
- A Warm Welcome
- A Knowledgeable Solution
- A Passionate Commitment
- A Relationship for Life
The Benefits of MEFCU Membership
Most financial institutions are owned by stockholders who intend to make money from their investment. Credit unions like ours take a different approach. Every member of Members Exchange Credit Union owns one “share” of our organization. That means that in addition to receiving our discounted products and services, each member is entitled to vote on important issues, such as the election of member representatives to serve on our board of directors.
A History of Growth
In November of 1954, MECU was originally chartered solely for the employees of Presto Manufacturing Company in Jackson.
In 2023, our members voted to approve the conversion from a state-chartered credit union to a federal credit union. With this conversion, we also expanded the counties that we serve, bringing the total counties we serve to 23. These changes will bring expense savings and efficiency gains to our members.
At Members Exchange, you’ll know right away that you’re more than a customer – you’re a member. And that means you’ll always receive preferred rates, a comprehensive mix of products and services, and the kind of warm, knowledgeable, and passionate customer service that builds relationships for life.
Have questions about Members Exchange Credit Union? Contact us today.