Mayo Employees Federal Credit Union Email Format
Financial ServicesMinnesota, United States11-50 Employees
Mayo Employees Federal Credit Union is a member-owned, not-for-profit financial cooperative in the Financial Services industry, headquartered at 130 23rd Avenue Southwest, Rochester, Minnesota 55902, United States. The credit union distributes earnings to members through higher dividends on savings, lower loan rates, and an expanding range of products and services. It was formed in 1933 by Mayo Clinic business office employees to pool their money, loan it to colleagues, and provide member service and education. Membership is open to current and retired Mayo employees, volunteers of Mayo-affiliated entities, Mayo Clinic students, and relatives of current MEFCU account holders, including blood or adoptive relatives regardless of age. MEFCU serves more than 66,800 member-owners and has assets in excess of $1.29 billion, with a staff of 11-50 employees.