Join Now Michigan Educational Credit Union For Your Financial Freedom

Michigan Educational Credit Union or MECU is a financial co-operative of employees and retirees of schools located within the select counties namely, Jackson, Livingston, Macomb, Oakland, Washtenaw and Wayne. Being owned by the very members, MECU promises great many benefits to the members. This Credit Union is run by a board of directors elected by the members themselves.

As a member of MECU you can be sure of advantages like above-market savings rates, below-market loan rates, excellent repayment plans, improved and extensive services including insurance coverage, etc. Membership of the Michigan ECU can be the beginning of your success-story. You will be getting dividends on your Draft/Checking account balance (of course, you will need a minimum balance of $5 for this).

There are no check fees involved; you only pay for your draft supplies and the special services you avail. Retirees who choose to deposit their retirement checks directly into their MECU account are exempted the draft charges as well.

The processes too are far less complicated. Thus, you do not need to be present in person to apply for a loan; you can forward your application via mail, fax or even online. MECU will either deposit the amount directly into your Draft/Checking account or send the funds to you through mail.

All this will get done easily, without your experiencing even the slightest inconvenience. Actually, the name Michigan Educational Credit Union is a guarantee for confidentiality. You should not unnecessarily fear leakage or third-party access of information as all your personal details and financial information are strictly protected by MECU.

Your details are used only to process transactions on your behalf and that too is done in so well-guarded a manner that there are not even the remotest chances of violation of your privacy. Only a handful of employees, who have a specific business purpose, are allowed to access your information and then they too have been trained to maintain the privacy of the matter.

Being A Member Of MECU …

As already said employees and/or retirees of schools in select counties of Michigan are eligible for being members of MECU. This, however, is not the only condition. Membership of MECU will be open to you if you are a family member (whether you are a blood relation or a relative by marriage) of a member.

There are few formalities you will need to fulfill in order to be a member with Michigan Educational Credit Union. Thus, you will be required to do the following:

• You will have to submit the membership application form (duly filled) and deposit $6.00 ($5.00 initial share deposit and $1.00 as membership fee).
• You will need to produce proof of employment; in case you are a relation of a member, you will have to submit a letter or family referral form.
• You will also need to provide a copy of driver’s license and social security card; this is mandatory for the primary member as well as for the joint owners signing on the account.

The MECU membership application form is available in the Adobe Acrobat PDF format and you can easily take prints.

Join the Michigan EMU today and you will have a secure financial future without any pain in the neck in the form of telemarketers.