Mobile Postal Employees Credit Union was established July 1st, 1949 to serve the needs of Postal Workers and their families. Like all credit unions, we are a nonprofit, member-owned financial institution. Unlike a bank, we do not operate for profit. Any profit earned by the credit union is returned to the members in the form of dividends, low interest rates, free services, and expanded offerings. That is why we refer to our savings accounts as "shares." You really do own a share in your credit union. The credit union philosophy is "members helping members." When you join Mobile Postal Employees Credit Union, your money goes farther. Membership in this nonprofit institution gives you access to low-cost loans and affordable, comprehensive financial services, as well as special member benefits. See our Accounts, Loans, and Special Services pages for a complete range of accounts, loans, and benefits. Our philosophy is: "Once a Member, Always a Member." You may remain a member of the credit union for the rest of your life, as long as you maintain the minimum share ( savings ) balance. To open your account, you must fill out an application form and make a minimum deposit of $50.00 to shares ( savings. ) Please call or visit the credit union for full details about membership, checking accounts, and other services.