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For Members Only Federal Credit Union

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Our Credit Union


For Members Only Federal Credit Union is the FIRST, Black-owned, woman-led, sorority-based, digital banking financial institution in the history of the United States.

Savings Account

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  • Earn Interest
  • Online Access
  • FMO Membership Card
  • Daily Interest
  • e-statements

Dividend Pay Structure:

  • Pay dividend as Average Daily Balance Calculation compounding daily
  • Dividends will pay when the Average Daily Balance for the month is $50 or greater
  • If the member’s Average Daily Balance is below $50 for the month – no dividend will be paid
  • If the member’s Average Daily Balance is between $50 – $499.99 dividend rate of Essential status will be paid
  • If the member’s Average Daily Balance is between $500 – $999.99 dividend rate of Premier status will be paid
  • If the member’s Average Daily Balance is over $1000 dividend rate of Elite status will be paid

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