The credit union was founded in 1935 to serve the employees of the St. Louis San Francisco (Frisco) Railway in Texas. The charter has been amended over the years as the sponsor company merged with the Burlington Northern Railroad in 1981 and then the Santa Fe Railroad in 1995. Also, several Select Employee Groups have been added to our charter. Ask us about membership eligibility.
Misty Miller, Manager
Board of Directors:
President, James W. Wilkinson
Vice President, James Stewart
Treasurer, Steve Presley
Director, James Martinez
Director, Mike Culp
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The Credit Union Difference
Many people ask: What is a credit union? A credit union is a group of people who pool their savings and loan the money back to other credit union members in the financial coop. It is "People helping People," who share a common bond of where they work or live. When you join a credit union, you become one of the owners in this not-for-profit cooperative. And each and every member has a vote and a voice in the cooperative - regardless of the amount on deposit. That means there are no outside stockholders who must be paid from the earnings. Any profits go to you, the member/owner, in the form of better rates on savings and loans as well as better services and lower fees overall.
Member Preferred Federal Credit Union was founded in 1935 to "promote thrift and to create a source of credit without exorbitant interest rates." That remains a primary purpose today. This credit union is dedicated to serving its members in a friendly, competent manner, while keeping a close eye on changes in the marketplace. Every effort will be made to preserve this credit union for future generations.