The song that I know of is Members only, by Royal Billy Joe. The following are a few lyrics of the song.
Members only, it's a private party
Don't need no money to qualify
Don't bring your checkbook
Bring your broken heart
'Cause it's members only tonight
Members only, it's a private party
Don't need no money to qualify
Don't bring your checkbook
Bring your broken heart
'Cause it's members only tonight