A credit union is a cooperative financial institution, owned and run by its members. Credit unions are not-for-profit, and exist to provide a safe, convenient place for members to save money and get loans for provident and productive purposes at reasonable rates.
Alexandria Municipal Employees Credit Union was first authorized to do business in 1951. The By-Laws of this State Chartered Credit Union were adopted at the first Board of Directors Meeting held January 10th, 1951.
Alexandria Municipal Employees Credit Union remains committed to the long-established ideals of the Credit Union Movement: cooperation, self-help, independence, and non-profit operation. These ideals are put into action in many ways, every business day, to meet the wants and needs of today’s Credit Union members and Alexandria Municipal Employees Credit Union is dedicated to meeting these needs for decades to come.
You are welcome to remain a Credit Union member for life, regardless of whether you change jobs, move, or retire. You will continue to have access to the same benefits and services.