About Us

Mayo Employees Federal Credit Union was formed in 1933 by a group of Mayo Clinic business office employees. Their purpose was twofold: (1) to pool their money and loan it to other employees and, (2) to provide member service and education. We take pride in continuing that commitment today. Since its formation, Mayo Employees Federal Credit Union has grown to over 50,500 member-owners, with assets in excess of $648 million.

Mayo Employees Federal Credit Union is dedicated to helping members achieve their financial goals. Since we are a member-owned, not-for-profit financial cooperative, earnings are distributed back to members in the form of higher dividends on savings, lower loan rates, expanding products and services, and more.

Membership Benefits

A credit union is a financial cooperative owned and directed by its members. While other financial institutions are profit-oriented, credit unions are not-for-profit, organized solely for the needs of their members. Where does that put our focus? On you -- the member -- not on a profit margin.

We offer a variety of services, designed to help you make the right decisions for your financial future. Our focus is to ensure your financial life is easily managed, so you can focus on your professional and personal life.

As a member of Mayo Employees Federal Credit Union, you become part owner of a financial institution that offers a complete range of products and services without hidden fees or high costs.

Join today!