[cflsystems]

You can set menu item to show only for logged in customers but that's it. As long as customer is logged in the menu item will show regardless of membership.
If you need it for membership it has to be custom coded and extend the menu functionality to be able to set not only "logged in" but also memberships that apply.


An easier solution, however still involving some coding, will be to set the menu for logged in only and then if not-approved membership tries to go to the page redirect to static page with some explanation why it is not working for them. This approach is easier to do and will not involve any database changes and complicated admin/customer sides coding.