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.
- 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