Members Choice CU

This is a financial institution offering SBA loans and banking services tailored to small businesses. You can find support for various financing needs, including real estate, equipment, and working capital, with personalized assistance from experienced staff.

It is recommended to schedule an appointment to ensure dedicated time with a loan officer, but walk-ins are also welcome during business hours for general inquiries.

The branch operates Monday through Friday from 9:00 AM to 5:00 PM, with additional hours by appointment or special arrangements.

There are no fees for visiting the branch or consulting with staff; however, loan processing and application fees may apply depending on the service used.

Membership is required to access their banking and lending services, typically open to residents and small business owners within the community.

A minimum personal credit score of 620 is generally required, though higher scores may improve approval chances.

The underwriting process typically takes between 30 to 45 days, depending on the complexity of the loan and completeness of documentation.

Most credit unions keep weekday business hours and are closed on weekends, and Members Choice CU typically follows the same pattern. SBA lending staff are generally reachable Monday through Friday. A few locations offer Saturday or by-appointment hours, so call Members Choice CU to confirm current weekend availability before you go.

Members Choice CU is located in Texas — see the contact card for the full address. Most credit union locations offer free on-site or nearby street parking for visitors. For exact directions, the entrance, and accessible parking, use the listed address or call ahead and staff can point you to visitor spaces.

This page is an independent directory listing for Members Choice CU, an SBA-participating credit union. It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Members Choice CU itself, which runs its own lending under its own ownership. If you work at Members Choice CU, you can claim this listing from this page to manage it.

The core details for Members Choice CU — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Members Choice CU before applying. If you represent Members Choice CU, claim this listing to keep its information up to date.

You can reach Members Choice CU by phone at (281) 398-9900 or online at locations.mccu.com — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Members Choice CU before relying on them.

Based on its approved SBA loans, Members Choice CU most often finances businesses in childcare & early education, general retail, construction & contractors, restaurants & food service, automotive repair & services, and hotels & lodging. This reflects Members Choice CU's real SBA 7(a) and 504 lending history rather than a stated policy — it can still consider other industries and sets its own current preferences, so confirm with Members Choice CU which sectors it actively lends to before you apply.

SBA Express offers lines of credit and term loans up to $500,000 with a faster turnaround than standard 7(a) loans. Whether Members Choice CU participates in SBA Express depends on its specific SBA lending authority. Contact Members Choice CU and ask if it offers SBA Express and what the current limits and terms look like for your situation.

SBA Preferred Lender Program (PLP) status lets a lender approve loans in-house without sending each one to the SBA first, which usually means faster decisions. Many established credit unions hold PLP status, but it varies by institution. Members Choice CU can confirm its current PLP standing — ask before you apply if speed matters to you.

The SBA does fund start-ups, but many traditional lenders prefer at least two years of operating history and may ask newer ventures for a larger equity injection or stronger collateral. Members Choice CU's appetite for start-ups is set by its own credit policy. If you are early-stage or pre-revenue, ask Members Choice CU directly whether it considers start-up loans.

For SBA 7(a) and 504 commercial real estate loans, borrowers typically contribute around 10% to 20% as a down payment or equity injection, depending on the property and the deal. Exact requirements vary with your credit, the business, and the lender's policy. Ask Members Choice CU what down payment it expects for your specific commercial real estate purchase.

SBA 7(a) loans with terms under 15 years generally carry no prepayment penalty, while longer real estate loans can have one in the early years. Short-term working capital lines often have no penalty, but terms vary by lender. Review your loan agreement and ask Members Choice CU to spell out any prepayment penalties before you sign.

SBA loans can be used for a partner or owner buyout, including buying out an existing equity partner, when the deal is structured to meet SBA rules — for example, the remaining owner generally must stay actively involved. Approval depends on the specifics, so discuss your buyout plan with Members Choice CU to confirm it qualifies and how to document it.

A past personal bankruptcy does not automatically disqualify you from an SBA loan. Lenders look at how long ago it was discharged, the circumstances, and how your credit has recovered since. Members Choice CU weighs this case by case under its own policy, so be upfront about your history and ask Members Choice CU how it evaluates prior bankruptcies.