Memorial Credit Union is a member-owned financial cooperative located in Houston, Texas. Founded to serve a defined membership base, the organization operates as a not-for-profit financial institution that emphasizes member benefits over profit maximization. Its structure typically centers on democratic governance, with members electing volunteer leaders to oversee strategic direction and policy decisions. The credit union offers a range of core financial services designed to support everyday banking needs, including deposit accounts, loans, and other basic financial products commonly provided by credit unions.
Historically, Memorial Credit Union reflects the broader movement of cooperative finance in which individuals pool resources to obtain favorable terms and access to essential financial services. Its operational scope is generally local, focusing on serving the financial needs of its designated membership community within the Houston area. As a credit union, it emphasizes fiduciary responsibility and prudent risk management to maintain liquidity, capital adequacy, and member trust. The institution adheres to regulatory standards applicable to credit unions and strives to provide stable, accessible services to its members.
Better than 45% of providers in Houston
In addition to the primary service, Memorial Credit Union also offers:
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Memorial Credit Union is a verified financial service provider. This means we have confirmed their business information, contact details, and they have received customer reviews. You can trust this provider for your financial needs.
Find answers to common questions
Memorial Credit Union is listed as a financial service provider in Houston, TX and must follow both state and federal regulations that apply to this type of business. As with any financial provider, you should review the agreement carefully before signing, make sure you understand all fees and repayment terms, and only use official contact details from this page or the company's own website. Avoid sharing personal or payment information with anyone who contacts you unexpectedly and, if something seems unclear, ask Memorial Credit Union to explain the terms in writing before you proceed.
To improve your chances of getting better terms from Memorial Credit Union, be prepared with accurate information about your income, existing debts, and the amount you really need to borrow. If possible, check your credit history in advance, avoid late payments on other accounts, and consider offering collateral if the product allows it, as stronger overall finances can help you qualify for more favorable rates or fees. It's also a good idea to compare Memorial Credit Union with other providers in Houston and to ask directly about any current promotions, loyalty benefits, or ways to reduce the total cost of your loan.
Memorial Credit Union has a rating of 4.2, which is better than 45% of providers in Houston.
Requirements can vary by product, but for most visits you should be ready to bring a valid government-issued ID, proof of income (such as recent pay stubs or bank statements), and proof of address like a utility bill or lease. If you are applying for a title or secured loan, you may also need the vehicle title, registration, and insurance details, along with any other documents Memorial Credit Union requests. It is always best to call ahead using the phone number on this page so Memorial Credit Union can confirm exactly which documents you need for your specific situation.
In addition to its primary service, Memorial Credit Union also offers: Loan agency, Business to business service, Financial consultant, Financial institution, Credit union, Mortgage lender, Non-profit organization.