The Credit Union philosophy of self-help, self-support and promotion of thrift has not changed since our beginning in 1954. It was at this time that our original incorporators, Matt Bayless, Nell M. Ferrine, Mary A. Barton, Lonnie F. Pierce, C.K. Ralston, Loyd C. Mosier, and O.A. Zeigler got together and formed Tulsa Municipal Employees Federal Credit Union. The Credit Union strives to be an important financial partner of our members and their families. From the Credit Union's humble beginnings to the present we have never forgotten we exist to serve our members.
The first "office" was in the living room of Mr. Jack Perrine, the first Manager/Treasurer (located near 46th and Peoria). A membership drive was organized and many members signed up. The City helped by allowing Mr. Perrine to leave his job after noon on the City's paydays in order for members to come by his house and make deposits. The City of Tulsa further cooperated by allowing payroll deductions from the members' paychecks to be sent directly to the Credit Union. In 1973 the Tulsa County Employees Credit Union was merged into our Credit Union.
Over the years our Credit Union has continued to develop its services to include:
- Share Savings Accounts
- Share Draft checking
- Share Certificates of Deposits
- Consumer and personal loans
- 1st and 2nd mortgage loans
- Home Equity lines of credit loans
- VISA Debit Cards
- Share Draft + (an overdraft protection line of credit) for members with share draft checking accounts.
Share +, a revolving line of credit (for members not maintaining a share draft account).
- Credit Union owned ATMs in the Tulsa County Courthouse and City Hall.
Tulsa Municipal Employees Federal Credit Union, a progressive cooperative financial institution embracing the credit union philosophy, will provide its members a variety of quality consumer financial services with a competitive edge while maintaining sound growth and earnings to assure our financial stability. Realizing our employees are an invaluable asset, we will provide a challenging and rewarding environment for our employees.