When opening an account with Members First we require 2 forms of valid identification. One form will need to be a valid non-expired state or government issued ID. The second form can be your Social Security card, utility bill, insurance card, school ID etc. If you have any questions regarding acceptable forms of identification, call 361-991-6178.
Regular Share Savings
To become a member, you must purchase a "share" of the Credit Union by depositing $25 in a Share Savings Account. This deposit remains in your account as long as you are a member or as long as you have any of our products or services. You can use this Share Savings account as your regular Savings account as well. (As long as the $25 minimum remains in the account at all times). Dividends are earned on the average daily balance of $100 or more. Deposits can be made into the account in any amount, and there are no monthly fees. The dividend rate is set by the Board of Directors at the end of each quarter for the previous quarter. For regulations on savings accounts, click on Regulation D at the bottom of the page.
Saving has never been easier! A ChangeSaver account does just what it says! It saves your change from your Visa Check Card purchases plus, gives you a little change of ours! Each time you make a purchase with your Members First Visa Check Card as a credit, we’ll round up your purchase to the next dollar and place the difference in your ChangeSaver account. Plus, we’ll match each transfer by 5% daily and pay our current Money Market rate monthly! There is no minimum balance on the ChangeSaver account and no personal deposits can be made to this account. Click here to see how it works.
Our Money Market accounts pay you higher rates than regular Savings accounts and paid on funds from the date of deposit to the date of withdrawal. Interest is paid and compounded monthly. A minimum balance of $3000 is required to open a Money Market account.
Our Kids Klub is a special account for children ages 12 and younger. It encourages children to save by giving them coins with their deposits. Kids can go to any Members First office and purchase all kinds of cool items from our Kids Klub store. This account can be opened with as little as $5 and deposits can be made into the account for any amount. There are no monthly fees on our Kids Klub Account, and dividends are earned on the average daily balance of $100 or more. Also, if you refer someone to open a Kids Klub account for their children or grandchildren, we will deposit $10 in their new Kids Klub Account to get them started!
Click here for a $10 Refer a Kid Coupon!
In order to help members understand their share insurance, we have provided a link to the NCUA to read about share insurance. Your shares at Members First are insured up to $250,000 per member by the National Credit Union Share Insurance Fund (NCUSIF). Click Here for more details on NCUSIF Share Insurance.