FAQs

Quick Answers to Help You Bank with Confidence

Membership & Eligibility

Visit one of our three locations in person or find the account for you on our Accounts page.

Per the US Patriot Act, persons opening an account are required to present valid government identification and their social security card to open an account.

There is a minimum deposit of $5 to open a savings account and $25 to open a checking account.

Yes, once your account is open and active, family members related by blood or marriage are eligible to open an account.

Accounts & Services

Members Choice has a wide variety of accounts for our members to include savings, special savings, checking, money market accounts, IRA accounts and certificates of deposit.

Call or visit one of our branches to obtain direct deposit information. We can also email the information to you via secure email.

Members may transfer funds between their own personal account using our mobile app or online banking for free.  They may also visit a branch location where an employee can transfer funds for a small fee. If transferring funds between two different accounts, permission will be granted once required documents are completed.

Yes, all members have access to home banking and/or mobile app.

Members may call any branch location to report a lost/stolen debit card or report fraud during business hours.  If after hours, you can call 254-776-7070 and select option 6. You may also block your card by logging into mobile/home banking until you are able to reach a credit union representative.

Loans

We offer auto loans, personal loans, boat loans, RV loans, motorcycle loans, mortgage loans, home equity loans, and so much more! 

Visit one of our three locations in person or apply by clicking here.

See us first to have your loan pre-approved and you won’t have to negotiate or discuss financing with the dealer. This way you can take advantage of any special offers and rebates they might be offering and know you already have your loan approved. Being pre-approved also helps you determine exactly how much vehicle, or real estate, you can afford so you can negotiate your best deal and shop within your budget.

Allow us to refinance your car loan to potentially secure a lower interest rate, possibly lower your monthly payments, or shorten the loan term, ultimately saving money over the life of the loan.

The loan approval process will depend on the type of loan you are requesting, if all the necessary documents are readily available and the traffic flow of the office that day. Generally, a response is given on the same day if not within 24 hours.

Fees, Rates & Policies

Go to our Rates webpage for the most current rates on shares and loans or stop at any branch location and visit with a Personal Financial Officer who will gladly help you.

Depending on the type of account you select, yes, there may be monthly fees.

Yes, the National Share Insurance Fund established by Congress insures individual accounts at federally insured credit union up to $250,000, and a member’s interest in all joint accounts combined is insured up to $250,000. The Share Insurance Fund also separately protects IRA and KEOGH retirement accounts up to $250,000. The fund is administered by the NCUA and is backed by the full faith and credit of the United States.

To avoid overdraft fees, use online banking or the mobile app to regularly monitor your account and avoid making purchases that might put you over your limit. Set up e-alerts to receive notifications when your balance drops below a certain amount. Maintain a small cushion in your account so that you don’t go into the negative even if you have an unexpected expense.