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News

First-Time Homebuyer Savings Account helping you save for the perfect home.

First-time Homebuyer Savings Account

Great news for Mississippians saving to buy their first home! Governor Phil Byrant signed HB 1601 into law in 2017 to help lead the way to home ownership for Mississippians. The law establishes a First-Time Homebuyer Savings Account, allowing Mississippians to create monetary savings accounts for down payments or other home purchase related expenses. Members […] Continue…

Members Exchange Giant Stocking Giveaway - stop by any branch from now until December 14th to enter for a chance to win!

Win A Giant Christmas Stocking!

Stop by any Members Exchange branch before December 14th, 2017 for a chance to win a GIANT CHRISTMAS STOCKING! We will announce the winner for each branch on December 15th! You may enter at multiple branches. One entry per person, per visit. Continue…

Security concept: Lock on digital screen, contrast, 3d render

Equifax Announces Cybersecurity Incident

On Sept. 7, Equifax Inc. announced a cybersecurity breach that will potentially affect 143 million U.S. consumers. Cyber-criminals hacked a U.S. website application and gained access to files that include Social Security numbers, birth dates, addresses and in some cases driver’s license numbers and credit card numbers. Equifax has dedicated a website to inform consumers […] Continue…

David Broadaway

Business Lending Professional

Congratulations, David Broadaway, AVP Business & Specialized Lending for earning the Credit Union Business Lending Professional designation from CUNA’s Business Lending School. The CUBLP school is a three year program that conveys knowledge of business lending practices, concepts and regulations. Students must complete all three years to receive designation. “In the wake of the NCUA’s […] Continue…

Same Day ACH - Moving Payments Faster

Same-Day ACH Debits

On September 15, 2017, the Federal Reserve will begin processing same-day ACH (Automated Clearing House) debits due to operating rules established by NACHA (National Automated Clearing House). Review the information below to better understand what to expect and how this will affect your account. As a consumer, when you make a purchase or payment via […] Continue…

GHS scholarship winners 2017,

MECU Awards Community Scholarships

Members Exchange awards $5,000 annually to graduating seniors through a Community Service Scholarship. Students are required to fill out an application and write a brief essay on what the scholarship would mean to them and how community service has impacted their lives. Members Exchange awarded two graduating seniors at Germantown High School with Community Scholarships valued […] Continue…

MECU Staff at CU at the Zoo.

Over 4,000 guests attended CU at the Zoo!

The 3rd Annual CU at the Zoo was held on April 15. In celebration of Youth Savings Month, the credit unions of Mississippi treated the first 2,500 guests to a free day at the Jackson Zoo. Guests were able to enjoy a day of animals, crafts, and giveaways! We also had financial literacy tools to […] Continue…

Miracle Workers Coin Drive Raises $2,500 for Batson Hospital

Members Exchange Credit Union partnered with Blair E. Batson Children’s Hospital to host a Miracle Workers Coin Drive as a kickoff event to the annual Mississippi Miracles Radiothon. Members Exchange kicked off the month-long fundraiser on January 31 by handing out collection bags and keepsake piggy banks. Members of the credit union, as well as […] Continue…

Five Signs You Need a Money Market Account

IRAs – They’re Not Just for Tax Time

Contrary to what many people think, an IRA (Individual Retirement Account) can be opened or contributed to at any time during the year, not just at tax time. A Traditional or Roth IRA can be funded any time up until the tax filing deadline of the following year. For tax year 2016, the tax filing […] Continue…

Promotional graphic for 100 Days of Giveaways with confetti

100 Days of Giveaways!

Thank you to our members for helping us reach the milestone of $100 Million in assets! In celebration, we gave back to our members with 100 days of giveaways! During the 100 days of giveaways, one random member was chosen weekly to win $100, members received surprise happies during branch visits, and one lucky member […] Continue…