Proposed Merger

Proposed Merger

The Board of Directors at Houston Metropolitan Federal Credit Union has some very exciting news to announce! After several months of careful research and consideration, we are in unanimous support of strategically partnering with Plus4 Credit Union, also headquartered in Houston, through a merger as of July 1, 2021.

As we transition, we are confident that this merger will be a success for our members. Chartered in 1929 to serve the needs of postal workers, Plus4 Credit Union now serves nearly 20,000 members. The financial strength of both organizations and shared member focus will create an even stronger organization, ensuring we are able to make a greater impact on the lives of those we serve.

In the spirit of collaboration and progress, both credit unions have agreed to operate under a brand-new name which will be revealed in 2022.

While this may technically be considered a merger, it is truly a partnership where two credit unions share similar cultures and commitment to the membership. By combining forces, we will have more resources to positively impact the lives of our members and employees. In addition to our existing services, HMFCU members will assume Plus4 Credit Union membership PLUS:

  • More Locations

    Have full use of a more extensive branch network with three additional branches located in the Northwest (Tomball), Northeast (Humble), and Southeast (45 South) Houston Area. Existing HMFCU branches will remain open with the same faces you have grown accustomed to over the years.

  • New Products

    Access to a broader line of products and services such as a Kasasa suite of checking accounts that provide exceptional deposit rates and rewards with the option of ATM fee reimbursement.

  • Enhanced Services

    Enhancements to technology services – new online money management, online PIN change, check deposit capture, and online stop payments.

  • Dedicated Call Center

    A brand-new dedicated member service call center with extended hours of operation.

As a member, you have a say, and our hope is that you will vote in favor of this proposed merger with Plus4 Credit Union.

A letter was mailed to HMFCU members the week of May 10th to the address we have on file with a Notice of Special Meeting of the Members of Houston Metropolitan Federal Credit Union and a ballot to vote on the proposed merger. We ask that you return the ballot by mail in the enclosed pre-addressed envelope by midnight on June 25, 2021.

A Special Meeting will be held virtually via Zoom on Monday, June 28, 2021 at 6:00 pm. If you wish to attend, please register below.

If you have any questions regarding the proposed merger, please use our contact form and we will reply back to you.

Frequently Asked Questions