October 5, 2018


Since 1960, MECO’s management and board have continually looked for ways to expand the services offered to our members. In recent years, the costs of increased regulations and rapidly changing technologies have made it difficult to sustain our small credit union.   In order to expand services and ensure long-term financial benefits for our members, we are proud to announce an opportunity to merge with Select Federal Credit Union. Select has two branches in San Antonio and should this merger occur, the MECO office in Hondo with our current employees will become the third branch. Select also participates in a shared branching program with other credit unions. Through this program our members will be able to conduct financial transactions in Castroville, Uvalde, McAllen and throughout San Antonio free of charge.


You will be receiving information about the potential merger and Select FCU in the mail the week of October 8. This information may be viewed by clicking on the links below. If you have any additional questions, please contact us.