Members Choice Credit Union is headquartered in Houston and is the 46th 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 December of 2021, it had grown to 112 employees and 41,776 members at 8 locations. Members Choice Credit Union has an A health rating.
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.
See current membership details
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.
Overall | |
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NCUA # | 67508 |
Year Chartered | 1941 |
Employees | 112 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.23% |
Return on Equity - YTD | 3.13% |
Annual Interest Income | $21.6MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $715.4MM$668.0MM |
Loans | Q4 2021vs Q4 2020 | $410.5MM$422.2MM |
Deposits | Q4 2021vs Q4 2020 | $640.6MM$590.1MM |
Equity Capital | Q4 2021vs Q4 2020 | $51.6MM$52.3MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $3.3MM$2.9MM |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $658.00K$12.5MM |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.25% | $5 | - | IRA Account | |
0.10% | $5 | - | Christmas Club Account | |
0.05% | $100 | - | Savings Account | |
0.05% | $100 | - | Business Savings Accounts |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.15%* | $50k* | - | Money Market Account | ||
OTHER TIERS: 0.10% → $2k - $50k | |||||
0.15%* | $50k* | - | Business Money Market Accounts | ||
OTHER TIERS: 0.10% → $2k - $50k |
Members Choice Credit Union Locations | ||
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Branch Office | 1503 Eldridge Pkwy | Houston, TX 77077-2188 |
Branch Office | 8951 S Fry Rd | Katy, TX 77494-8414 |
Branch Office | 401 W Grand Pkwy S | Katy, TX 77494-8329 |
Branch Office | 3770 Fry Rd | Katy, TX 77449-6728 |
Branch Office | 925 N Eldridge Pkwy | Houston, TX 77079-2703 |
Branch Office | 2331 Citywest Blvd | Houston, TX 77042 |
Branch Office | 18211 Katy Fwy | Houston, TX 77094-1395 |
Branch Office | 15701 Kingfield Dr | Houston, TX 77084-7073 |