Federated Employees Credit Union | Auto Loans & Rewards Cards

Introduction

Welcome to federated-employees, where our commitment to serving the community has been unwavering since our establishment in 1934. Under the leadership of CEO Annette Arndt and Board President John Hylle, we have made it our mission to empower our members through financial education, personalized service, and a broad range of banking solutions. Located in the heart of Owatonna, MN, we pride ourselves on being a trusted partner for individuals and families seeking reliable financial services.

As an NCUA-insured institution since 11/6/1978 0:00, we prioritize the safety and security of our members' assets. We understand that modern banking needs require more than just traditional services, which is why we offer convenient features such as online banking, a user-friendly mobile application, person-to-person transfers, e-statements, and electronic signature authorization. With our member-first approach, we strive to make your banking experience seamless and accessible while ensuring you have the tools necessary to achieve your financial goals. For more information about our services or to get in touch with us, please visit our official website at https://www.fedecu.com/ or reach out via fax at (507) 455-8827.

Financial Services

At Federated Employees Credit Union, we understand that managing your finances effectively is essential for achieving life’s milestones and growing your small business. That’s why we offer a comprehensive suite of services designed to meet the diverse needs of our members. Whether you're looking for personal banking solutions like checking and savings accounts, auto loans, or mortgage refinancing, or you require business banking options such as merchant services and business loans, we have you covered. Our commitment to our members extends to providing credit cards with rewards, personal loans for debt consolidation, and convenient ATM and cash withdrawal services.

In today’s fast-paced world, having digital access to your finances is more important than ever. With our robust online banking platform and user-friendly mobile application, you can manage your accounts anytime, anywhere. Enjoy features like person-to-person transfers for easy payments to friends or family, e-statements for quick access to your financial records, and e-signatures that streamline documentation processes. These tools empower you to take control of your financial journey while making everyday banking effortless and efficient. To learn more about membership eligibility or explore loan comparison options tailored to your needs, visit our website or feel free to reach out at (507) 455-8827 for personalized support. We’re here to help you navigate your financial future with confidence.

Financial Highlights

Federated Employees Credit Union stands as a reliable financial partner for its members, with a strong commitment to service excellence and community involvement. With a Total Membership of 4,820, the credit union has built a solid foundation of trust among its members, ensuring that each individual feels valued and supported in their financial journey. The institution's stability is reflected in its impressive Total Assets of 59,354,198, which underpin its ability to provide a wide range of financial services tailored to meet diverse needs.

Transparency and sound management practices are evident in the credit union's Net Worth of 7,958,227 and an outstanding Net Worth Ratio of 1,341. These figures demonstrate not only fiscal responsibility but also a commitment to maintaining strong reserves for the benefit of members. Additionally, the credit union's consistent performance is highlighted by a Net Income of 95,359, showcasing effective operational strategies that support growth and sustainability.

Federated Employees Credit Union takes pride in its substantial Total Deposits of 4,143,828, reflecting the confidence members place in their financial institution. Furthermore, with Total Loans and Leases amounting to 1,940, the credit union actively supports its community through various lending options, from Auto Loan Volume at 1,538 to competitive Credit Card Loan Volume reaching 321. This robust loan portfolio illustrates the organization’s dedication to empowering individuals and families through accessible financing solutions.

With a dedicated team of just 9 employees, Federated Employees Credit Union emphasizes personalized service, ensuring each member receives attention tailored to their specific financial goals. As part of a national network committed to financial inclusivity, this credit union provides trustworthy support while fostering positive relationships within the community it serves.

For those seeking optimal financing options, Federated Employees Credit Union encourages exploring opportunities that align with your financial needs. Compare real-time loan offers today at https://www.lendmesh.com/loans/personal_loans and find the best rates for your needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov.

Federated Employees CU

Introduction

Financial Services

Financial Highlights

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Services Offered

Branch Address

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