About Mayo Employees Federal Credit Union
The Mayo Employees Federal Credit Union has been serving the Mayo Clinic community for over 80 years. Established in 1936, it is one of the oldest credit unions in the country and is the only credit union owned and operated by the Mayo Clinic. It is a member-owned financial cooperative that provides a variety of services to its members, including savings, loans, investments, and more. The credit union is committed to providing its members with the best products and services to meet their financial needs.
What Does Mayo Employees Federal Credit Union Offer?
The Mayo Employees Federal Credit Union offers a variety of services that include savings, loans, investments, and more. The credit union offers competitive interest rates on all of its products, and members can enjoy the convenience of online and mobile banking. Members can also take advantage of the credit union's many resources, such as financial education and counseling, and the ability to apply for a loan or open a new account online.
Savings Accounts
The Mayo Employees Federal Credit Union offers savings accounts for members to save for the future. Savings accounts come with competitive interest rates, and members can open multiple accounts with different terms and conditions. The credit union also offers a number of special savings accounts, such as educational savings accounts, Christmas clubs, and vacation clubs.
Loans
The Mayo Employees Federal Credit Union offers a variety of loan products for members, including auto loans, home equity loans, and personal loans. The credit union also offers special loan programs, such as its Home Equity Loan Plus program, which allows members to borrow up to 125% of their home's value. The credit union also offers a number of special loans, such as consolidation loans and mortgages.
Investment Services
The Mayo Employees Federal Credit Union offers a variety of investment services for members, such as mutual funds, stocks, bonds, and more. Members can also take advantage of the credit union's financial planning services, which provide guidance for members on how to invest for the future. The credit union also offers a variety of retirement accounts, such as Traditional IRAs and Roth IRAs.
Online and Mobile Banking
The Mayo Employees Federal Credit Union offers a convenient way for members to manage their accounts with online and mobile banking. Members can access their accounts anytime, anywhere with the credit union's secure online banking system. Members can also use the credit union's mobile app to check their balances, make transfers, pay bills, and more.
Membership Benefits
The Mayo Employees Federal Credit Union offers a number of benefits to its members, such as discounts on products and services, financial education and counseling, and access to special events. Members can also take advantage of the credit union's referral program, which rewards members for referring friends and family to the credit union.
Conclusion
The Mayo Employees Federal Credit Union is dedicated to providing its members with the best products and services to meet their financial needs. The credit union offers competitive interest rates on savings accounts, a variety of loan products, and investment services. Members can also take advantage of the credit union's online and mobile banking services, as well as its many membership benefits.
