What is a credit union?

A credit union is a not-for-profit cooperative, owned by a group of members who share a common bond. At Plus4, the common bond consists of employees of the U.S. Postal Service of the Houston district and their family members and certain Select Employee Groups (SEGs).

The volunteer board of directors who run the credit union are elected democratically by a vote of membership - each member has one vote.

The structure of the credit union is unique. Because we are cooperatively owned, you don't make a deposit at the credit union - you purchase shares. That's what makes you a member and an owner. Technically, you have a "share" account, your checking is a "share draft" account, and your "certificate of deposit" is actually a "share certificate". When you open a share account of any type, you become a shareholder.

Banks, on the other hand, strive to please their stockholders who are not necessarily depositors. Your shares don't earn "interest", they earn "dividends". Because the members are the only owners, there is no "profit" because any excess in earnings over and above operational costs are returned to the owners/members in the form of higher dividend rates on shares or lower interest rates on loans.

Who can join?

The field of membership in this credit union is limited to those persons, including incorporated and unincorporated organizations, who have the following definable community of interest.

Employees of Houston Division of the U.S. Postal Service, including Austin, Brazoria, Brazos, Burleson, Calhoun, Chambers, Colorado, Fort Bend, Galveston, Grimes, Hardin, Harris, Jackson, Jasper, Jefferson, Lee, Leon, Liberty, Madison, Matagorda, Milam, Montgomery, Newton, Orange, Polk, Robertson, San Jacinto, Tyler, Walker, Waller, Washington, and Wharton Counties:

Retired employees of the U.S. Postal Service;

Employees of the Plus4 Credit Union;

Persons who live, work, attend school or worship in and businesses located within 10 miles of each of the following branch locations:

  • 9998 Almeda Genoa Road, Houston, Texas 77075
  • 19506 HWY 59N., Humble, Texas 77339
  • 4600 Aldine Bender Road, Houston, Texas 77315.
If you are unsure if you qualify for membership, please call a Plus4 representative at 713-970-6200 and we'll be happy to assist you.

How to join

It's easy to join Plus4. All it takes is a $5 minimum deposit to open your share account and get you on your way. You may join by mail, in person or online.

How Your Company Can Offer Plus4 Membership

Many companies understand that offering a comprehensive benefits program to its employees is very important in recruiting and keeping qualified personnel. You can offer your employees credit union membership, a valuable benefit your employees will appreciate.

Companies wanting to offer their employees with our services will need to reside within a 10 mile radius from our offices and have at least 15 full or part time employees on the company payroll. Please contact our office if you would like additional information on how your company can offer this employee benefit.

PLUS4 Core Values: Respect, Embrace change, Do the right thing.