Since 1942, Michigan Educational Credit Union (MECU) has specialized in serving the unique financial needs of school employees. In December 2012, we expanded our field of membership to include individuals who reside, work, or worship in Wayne, Washtenaw, Oakland, Macomb, Livingston, and Jackson counties. MECU is a non-profit financial cooperative that is owned and operated by its members. Today, MECU is more than 50,000 members strong. We offer some of the best savings and loan rates in the area, with fewer fees and lower minimum balance requirements than you'll find at most financial institutions.