Members Choice Credit Union

Overview / Commentary
18211 Katy Freeway
Houston, TX 77094

Members Choice Credit Union is headquartered in Houston and is the 47th largest credit union in the state of Texas. It is also the 541st largest credit union in the nation. It was established in 1941 and as of September of 2023, it had grown to 120 employees and 49,680 members at 9 locations. Members Choice Credit Union's money market rates are 6X the national average, and it has a C+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship, attend school, or own a business operating in the Texas communities of Katy, Cy-Fair, Humble/Kingwood, or Harris County (west of I-45). Employees of more than 200 Partner Companies (listed on the online application) also qualify for membership.
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Reviews (1)

my fcu

I've been with my local fcu for about 4 years now. Their products are competitive for the most part. I only have a savings and checking account with them now. Their fees are much better than a national bank but their interest payout is slightly below average for banks in general. I've investigated their auto loans which I will be using in the next year. Their advertised rates are better than the national average and I have spoken with a loan officer and I'm rather certain I will be able to get an even better rate with just above average credit. This is due to my history with them thus far. Their customer service is second to none. I've used 8 different national and local banks in the last decade and my current institution is head and shoulders above them in terms of service.


Health Grade Components

NCUA #67508
Year Chartered1941
Primary Regulator
Profit Margin
Return on Assets - YTD0.27%
Return on Equity - YTD4.72%
Annual Interest Income$28.4MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$777.1MM$730.4MM
LoansQ3 2023vs Q3 2022$556.6MM$521.7MM
DepositsQ3 2023vs Q3 2022$602.7MM$624.1MM
Equity CapitalQ3 2023vs Q3 2022$43.4MM$40.2MM
Loan Loss AllowanceQ3 2023vs Q3 2022$5MM$3.6MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$4.8MM$2.4MM
Real Estate OwnedQ3 2023vs Q3 2022$0$0
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Always verify rates and promotions with the bank or credit union. We are not Members Choice Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Members Choice Credit Union Savings Account Rates

0.25%$5-IRA Account
0.05%$100-Savings Account
0.05%$100-Business Savings Accounts

Members Choice Credit Union Money Market Rates

2.53%*$300k*-Maximum Money Market
OTHER TIERS: 0.10% Up to $50k | 2.02% $50k - $150k | 2.27% $150k - $300k
2.53%*$300k*-Business Maximum Money Market
OTHER TIERS: 0.10% Up to $50k | 2.02% $50k - $150k | 2.27% $150k - $300k
0.15%*$50k*-Classic Money Market
OTHER TIERS: 0.10% $2k - $50k
0.15%*$50k*-Business Money Market
OTHER TIERS: 0.10% $2k - $50k

Members Choice Credit Union Checking Account Rates

4.07%*-$2kHigh Yield Complete Checking Account
OTHER TIERS: 0.05% $15k+ | 0.75% $10k - $15k | 1.49% $2k - $10k

Members Choice Credit Union CD Rates

5.05%$500$500kBusiness 9 Month Promotional Member Choice CD
5.05%$500$500k9 Month Promotional Member Choice CD
5.05%$500-14 Month Promotional Member Choice CD
5.05%$500-Business 14 Month Promotional Member Choice CD
3.02%$500-12 Month Hero CD Special
3.02%$50k-12 Month Hero Jumbo CD Special
3.00%$500$50k24 Month CD
3.00%$500$50k36 Month CD
3.00%$500$50kBusiness 24 Month CD
3.00%$500$50kBusiness 36 Month CD
3.00%$50k-24 Month Jumbo CD
3.00%$50k-Business 24 Month Jumbo CD
3.00%$50k-36 Month Jumbo CD
3.00%$50k-Business 36 Month Jumbo CD
2.75%$500$50k48 Month CD
2.75%$50k-18 Month Jumbo CD
2.75%$500$50kBusiness 18 Month CD
2.75%$500$50kBusiness 48 Month CD
2.75%$500$50k18 Month CD
2.75%$50k-Business 18 Month Jumbo CD
2.75%$50k-48 Month Jumbo CD
2.75%$50k-Business 48 Month Jumbo CD
2.50%$500$50k60 Month CD
2.50%$50k-60 Month Jumbo CD
2.50%$500$50kBusiness 60 Month CD
2.50%$50k-Business 60 Month Jumbo CD
2.00%$500$50k12 Month CD
2.00%$500$50kBusiness 12 Month CD
2.00%$50k-12 Month Jumbo CD
2.00%$50k-Business 12 Month Jumbo CD
1.75%$500$50k6 Month CD
1.75%$500$50kBusiness 6 Month CD
1.75%$50k-6 Month Jumbo CD
1.75%$50k-Business 6 Month Jumbo CD

Members Choice Credit Union IRA Rates

3.00%$500$50k24 Month IRA
3.00%$500$50k36 Month IRA
3.00%$50k-24 Month Jumbo IRA
3.00%$50k-36 Month Jumbo IRA
2.75%$500$50k18 Month IRA
2.75%$50k-18 Month Jumbo IRA
2.75%$500$50k48 Month IRA
2.75%$50k-48 Month Jumbo IRA
2.50%$500$50k60 Month IRA
2.50%$50k-60 Month Jumbo IRA
2.00%$500$50k12 Month IRA
2.00%$50k-12 Month Jumbo IRA
1.75%$500$50k6 Month IRA
1.75%$50k-6 Month Jumbo IRA

Members Choice Credit Union Locations
Branch Office1503 Eldridge PkwyHouston, TX 77077-2188
Branch Office8951 S Fry RdKaty, TX 77494-8414
Branch Office401 W Grand Pkwy SKaty, TX 77494-8329
Branch Office3770 Fry RdKaty, TX 77449-6728
Branch Office925 N Eldridge PkwyHouston, TX 77079-2703
Branch Office2331 Citywest BlvdHouston, TX 77042
Branch Office18211 Katy FwyHouston, TX 77094-1395
Branch Office15701 Kingfield DrHouston, TX 77084-7073
Corporate Office4100 Smith School Rd # 1Austin, TX 78744-3205

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