In 1953, twenty employees of McLean Trucking Company formed McLean Employees Credit Union, a financial cooperative, to benefit their fellow employees. Their strategy was simple. Create a fair lending and savings environment that respects the financial well being of all members no matter what their financial status may be. The framework for their success did not include risky lending or aggressive spending. Progress was measured by the quality of credit union service.
Many changes have taken place over the past fifty-seven years. However, we have remained true to the core philosophy of our founders and through the years the result has been solid, steady growth. MCU’s gradual growth may seem uneventful, even boring at times, yet this strategy has proven effective.
Over the last decade MCU has added eight branch locations, launched www.memcu.com, added free eBill online bill pay, and added free MCU@Home online account access with eStatements – just to name a few. The best part – we were able to grow our credit union without hurting our ability to provide friendly personal service. Even during the worst financial crisis since the Great Depression we emerged virtually unscathed thanks to our no risk people first approach to business. We thrived and we survived without closing branch locations, downsizing staff, reducing service, or charging unfair fees.
Members Credit Union doesn’t have a branch on every corner nor are we the largest financial institution – and that’s OK. I’m proud that we have maintained high quality affordable financial service, continued to provide trusted traditional financial products, and integrated up-to-date financial solutions that meet the needs of our 52,000 members and counting. I feel certain our original twenty founding members would be proud of our growth too.