Michigan Educational Credit Union

Dedicated to serving the financial needs of the educational community since 1942.

Home Banking

 

CHECK RE-ORDERING
First, sign in to Home Banking, then click on the "Self Service" It's fast, secure, and easy.

ON-LINE BILL PAYMENT

To enroll in the On-Line Bill Payment service sign on to Home Banking and click on the "Bill Payment" Button.  There is a quick and easy registration process you have to complete. Once you have been approved you can start enjoying this new and improved feature of the Home Banking service.

  • The On-Line Bill Payment service will remain available and be free of charge as long as you are a regular user (at least one bill paid every two months). Otherwise, there is a $6.00 monthly fee.
  • Per item return (NSF) - $30.00
  • Per stop payment - $30.00

ENHANCED LOGIN SECURITY
This security technology helps to protect your accounts from unauthorized access. It identifies you as the true "owner" of your accounts by recognizing not only your password, but your computer as well. If we don't recognize your computer (you've logged in from a public computer or one you haven't used before) we will ask you for information that only you will know as an additional line of defense to help prevent unauthorized access. With Enhanced Login Security, you'll be more protected from whatever computer you're using. Enhanced Login Security will:
     - Help Defend against theft and fraud.
     - Provide better security from any computer, wherever you are.

BROWSER REQUIREMENTS
We require all browsers accessing Internet Home Banking to support 128-bit encryption.

CHECK IMAGES ONLINE
It's easy to use! After you've signed on to Internet PC Home Banking, click on "Account Access" then click on your Share Draft Account. As you look through your account history, you will notice that any check number that has cleared your account in the past six months is highlighted and underlined. Just click on the particular check that you want, and the image will appear. You can then use your browser's print option to print the image. (Please note that the system uses a history file that is updated each day, so six-month-old checks that you view today may not be accessible for you tomorrow.)
  
HOME EQUITY LINES OF CREDIT

You now also have the ability to draw advances on your Home Equity Line of Credit. Advances on your Home Equity Line of Credit can be deposited into your share or share draft account or deposited into the account of another MECU member of your choosing. To take an advance on your Home Equity Line of Credit, simply click on the Home Equity account in the "Transfer From" box. There is no minimum required advance on a Home Equity Line of Credit. Your monthly payment will be adjusted the business day following your Home Equity Line of Credit advance, to reflect additional amounts drawn on your line of credit. Home Equity Line of Credit Loan payments are calculated at the monthly payment rate of $12 per $1,000 principal borrowed.
 
REVOLVING PERSONAL LINES OF CREDIT
You now also have the ability to draw advances on your Revolving Personal Line of Credit. Advances on your Revolving Personal Line of Credit can be deposited into your share or share draft account or deposited into the account of another MECU member of your choosing. To take an advance on your Revolving Personal Line of Credit, simply click on the Revolving Credit account in the "Transfer From" box. The minimum required advance on a Revolving Credit Line of Credit is $50.00. You will receive an error message "Transaction not permitted" in the event that less than the $50.00 minimum advance is requested. Your monthly payment will be adjusted the business day following your Revolving Personal Line of Credit advance, to reflect additional amounts drawn on your line of credit. Revolving Personal Line of Credit Loan payments are calculated at the monthly payment rate of $30 per $1,000 principal borrowed.
 
SCHEDULED RECURRING TRANSACTIONS
It is our goal that all Scheduled Recurring Transactions are posted by 8:00am each morning. However, there are circumstances outside of our control (down systems, communications disruption, etc.) that may prevent or delay your transfer from happening as desired. We ask that you periodically check in on your transfers to ensure your transactions are being posted as you originally intended. If there are any questions or concerns please do not hesitate to contact our Accounting Dept at 734-455-9200.

TRANSFERS
The Internet Home Banking service will allow for transfers within your account. To initiate a transfer within your account simply click on the account transfer button, enter the amount you wish to transfer, designate in the From account box, the account you wish to transfer from, designate in the Transfer to box, the account you wish to transfer to and then click on the transfer button.
Please note you will not be able to electronically transfer funds into an IRA/Deferred Compensation Account or into a Share Pledge account. If you attempt to make these transfers, you will receive an error message, the last line of which will read Transaction Not Permitted.

PROBLEM RESOLUTION
Please call us at (734) 455-9200 for assistance with the Internet Home Banking sign-on process or to report any Internet Home Banking problems.
 
ENJOY
MECU encourages you to fully explore the many facets of the Internet Home Banking service.