About MECU

The MECU Credit Union story begins in 1936. During the height of the Great Depression, Baltimore workers were struggling to make ends meet. Numerous banks were closing and loan sharks were charging exorbitant interest rates and taking advantage of the working class. To ensure Baltimoreans were able to access affordable financial services, city employees joined together and MECU was founded. 

MECU (pronounced "ME-q") Credit Union was originally known as the Municipal Employees Credit Union. In the beginning, we only served Baltimore City employees such as teachers, firefighters, and construction workers. Many didn't earn much, so they needed a financial partner who would help them make the most of every dollar.

Fast-forward to today. In many ways, MECU Credit Union has changed. We now serve individuals and local businesses throughout the Baltimore area. MECU now serves close to 100,000 members. We've evolved our technology and convenience, with access to thousands of free ATMs and state-of-the-art mobile banking.

However, many things remain the same. We still look out for Baltimore, contributing grants and volunteers to many worthy causes. Working families and their financial well-being are at the center of everything we do. Since we're a not-for-profit cooperative, we offer better interest rates and lower fees than traditional banks.

We empower our members with free financial education, support and advice to achieve a brighter financial future.

We are MECU Credit Union and our story continues with YOU.