About Mesenieng Credit Union

Serving our community with trust and excellence since 2009.

About Mesenieng Credit Union

Embedded within the complex socioeconomic matrix of Pohnpei, one of the four constituent states of the Federated States of Micronesia, we operate under cooperative principles where members are both the owners and primary beneficiaries.

Mesenieng Credit Union serving the Pohnpei community

Member-Owned

Unlike traditional banks, we prioritize our members' needs over profit maximization.

Financial Access

Offering accessible savings and credit facilities tailored to our community.

Community Focus

Contributing to local economic resilience and sustainable development.

Financial Education

Empowering members through comprehensive financial literacy programs.

Our Cooperative Difference

Unlike traditional banks that prioritize profit maximization for shareholders, the Mesenieng Credit Union prioritizes the financial needs of its members by offering accessible savings, credit facilities, and financial education programs, thereby contributing significantly to local economic resilience and sustainable development.

Our Story

We are a chartered non-profit organization established for the citizens of the State of Pohnpei in the Federated States of Micronesia. Since our inception, we offer financial services in consumer loans, shares investments and savings for approved members.

We have grown from a hundred plus members since inception in 1968 to what is now a little over 3,000 members. Our lending program cover a wide range of purposes from back to school, vacation, home repair, travel, funeral expenses, medical and all other emerging activities in demand from our members.

Recently, we have added a loan scheme for Senior Citizens and the Disability at lowered loan interest rates. We also carry a payday loan scheme and emergency loans that guarantees approval in 24 hours. Over the years, we have paid dividends on member shares from a range of 2% to 6% annually.

The credit union is managed by a seven-member board of directors and a management team of 9 Staff. Become a member today. You can reach us at (691) 320-2818/1590; website mesenieng.com

Mesenieng Credit Union early days

Establishment and Founding Members

Our Origins

The Mesenieng Credit Union emerged from a growing recognition of the need for accessible and affordable financial services tailored to the specific needs of the local population, particularly those underserved by conventional banking institutions.

Founding Visionaries

Our establishment was driven by a coalition of community leaders, educators, and local entrepreneurs who recognized the potential of cooperative finance to address the financial challenges faced by many residents.

Cooperative Principles

Guided by cooperative ideals, the founding members sought to create a financial institution that would prioritize the financial well-being of its members and foster community development.

Since 1969

Chartered in 1969, Mesenieng Credit Union was meticulously designed to fulfill a critical need within the community - to establish a robust framework that would empower members to save securely, access credit at equitable rates, and effectively manage their financial resources.

Core Principles

Credit unions are unique financial institutions that operate based on a set of guiding principles designed to serve their members and communities. Here are the main principles that distinguish credit unions from traditional banks:

Member Ownership
Credit unions are owned and controlled by their members, not shareholders. Each member has an equal say in the decision-making process, ensuring that the credit union’s actions reflect the best interests of its members.
Not-for-Profit Operation
Credit unions operate as not-for-profit institutions. Instead of focusing on generating profits for shareholders, they aim to return earnings to members in the form of lower loan rates, higher savings rates, and reduced fees.
Social Responsibility
Credit unions are committed to the well-being of their communities. They often engage in community development projects, support local charities, and encourage volunteerism among their members and employees.
Democratic Control
Every member has one vote, regardless of the size of their deposits. This democratic approach ensures that the credit union operates in a way that benefits all members, promoting equality and fairness.
Financial Education
Credit unions prioritize the financial education of their members. They provide resources, workshops, and personalized guidance to help members make informed financial decisions and achieve their financial goals.
Cooperation Among Cooperatives
Credit unions collaborate with each other to strengthen the cooperative movement. By working together, they can provide better services and advocate for favorable regulations and policies.
Member Focus
The primary focus of a credit union is to serve its members. Every decision and service is designed to meet the financial needs and goals of the members, ensuring a high level of personalized service and member satisfaction.
Member Ownership
Credit unions are owned and controlled by their members, not shareholders. Each member has an equal say in the decision-making process, ensuring that the credit union’s actions reflect the best interests of its members.
Not-for-Profit Operation
Credit unions operate as not-for-profit institutions. Instead of focusing on generating profits for shareholders, they aim to return earnings to members in the form of lower loan rates, higher savings rates, and reduced fees.
Social Responsibility
Credit unions are committed to the well-being of their communities. They often engage in community development projects, support local charities, and encourage volunteerism among their members and employees.
Democratic Control
Every member has one vote, regardless of the size of their deposits. This democratic approach ensures that the credit union operates in a way that benefits all members, promoting equality and fairness.
Financial Education
Credit unions prioritize the financial education of their members. They provide resources, workshops, and personalized guidance to help members make informed financial decisions and achieve their financial goals.
Cooperation Among Cooperatives
Credit unions collaborate with each other to strengthen the cooperative movement. By working together, they can provide better services and advocate for favorable regulations and policies.
Member Focus
The primary focus of a credit union is to serve its members. Every decision and service is designed to meet the financial needs and goals of the members, ensuring a high level of personalized service and member satisfaction.
Member Ownership
Credit unions are owned and controlled by their members, not shareholders. Each member has an equal say in the decision-making process, ensuring that the credit union’s actions reflect the best interests of its members.
Not-for-Profit Operation
Credit unions operate as not-for-profit institutions. Instead of focusing on generating profits for shareholders, they aim to return earnings to members in the form of lower loan rates, higher savings rates, and reduced fees.
Social Responsibility
Credit unions are committed to the well-being of their communities. They often engage in community development projects, support local charities, and encourage volunteerism among their members and employees.
Democratic Control
Every member has one vote, regardless of the size of their deposits. This democratic approach ensures that the credit union operates in a way that benefits all members, promoting equality and fairness.
Financial Education
Credit unions prioritize the financial education of their members. They provide resources, workshops, and personalized guidance to help members make informed financial decisions and achieve their financial goals.
Cooperation Among Cooperatives
Credit unions collaborate with each other to strengthen the cooperative movement. By working together, they can provide better services and advocate for favorable regulations and policies.
Member Focus
The primary focus of a credit union is to serve its members. Every decision and service is designed to meet the financial needs and goals of the members, ensuring a high level of personalized service and member satisfaction.
Member Ownership
Credit unions are owned and controlled by their members, not shareholders. Each member has an equal say in the decision-making process, ensuring that the credit union’s actions reflect the best interests of its members.
Not-for-Profit Operation
Credit unions operate as not-for-profit institutions. Instead of focusing on generating profits for shareholders, they aim to return earnings to members in the form of lower loan rates, higher savings rates, and reduced fees.
Social Responsibility
Credit unions are committed to the well-being of their communities. They often engage in community development projects, support local charities, and encourage volunteerism among their members and employees.
Democratic Control
Every member has one vote, regardless of the size of their deposits. This democratic approach ensures that the credit union operates in a way that benefits all members, promoting equality and fairness.
Financial Education
Credit unions prioritize the financial education of their members. They provide resources, workshops, and personalized guidance to help members make informed financial decisions and achieve their financial goals.
Cooperation Among Cooperatives
Credit unions collaborate with each other to strengthen the cooperative movement. By working together, they can provide better services and advocate for favorable regulations and policies.
Member Focus
The primary focus of a credit union is to serve its members. Every decision and service is designed to meet the financial needs and goals of the members, ensuring a high level of personalized service and member satisfaction.
Meet Our Leadership

Board of Directors

General Manager

Dickson H. Santos
Dickson H. Santos

Chairman

Maria K. Donre
Maria K. Donre

Vice Chairman

Quirino Loyola
Quirino Loyola

Vice Chairman

Valentin Martin
Valentin Martin

Director

Dakher D. Daniel
Dakher D. Daniel

Director

Christina Elnei
Christina Elnei

Director

Rickson Higgins
Rickson Higgins

Director

Loan Division

Leo Henry
Leo Henry

Loan Supervisor

Iowanida Reim
Iowanida Reim

Loan Officer

Pedrus Bernardo
Pedrus Bernardo

Loan Officer

Roderick Barnelas
Roderick Barnelas

Loan Officer

Accounting Division

Rowena Telosa
Rowena Telosa

Accounting Officer

Lettisha Apaisam
Lettisha Apaisam

Accounting Officer

Margitha Ioanis
Margitha Ioanis

Accounting Officer

Ready to Join Our Community?

Become part of a credit union that puts you first. Experience financial services that truly care about your growth.

Team Memories

Click on any photo to relive our favorite moments