FEDERATED EMPLOYEES CREDIT UNION - Owatonna, MN

Welcome to Federated Employees, your trusted financial partner located at 1929 S Cedar Ave, Owatonna, MN 55060. Established in 1934, we have proudly served our community for nearly 90 years, helping over 4,800 members achieve their financial goals. With total assets of $59,354,198 and deposits reaching $4,143,828, our commitment to providing secure and beneficial services remains steadfast. At Federated Employees, we understand that each member's financial journey is unique. That's why we offer a variety of services tailored to meet your needs from checking and savings accounts to auto loans and mortgages. Our team is dedicated to ensuring you have the support necessary to navigate your financial landscape confidently. While you can visit us at our branch for personal service, please note that any official correspondence should be sent to the same address: 1929 S Cedar Ave, Owatonna, MN 55060-4301. Under the leadership of CEO Annette Arndt and Board President John Hylle, our small yet passionate team of 9 employees works tirelessly to maintain a welcoming atmosphere where every member feels valued. We believe in building strong relationships within the community by offering exceptional products and personalized service. As a credit union that prioritizes member satisfaction and community impact, we are here for you. If you have questions or need assistance, don't hesitate to reach out! Call us at 507-455-5200 during our lobby hours from 7:00 AM to 4:30 PM, Monday through Friday. We invite you to discover how Federated Employees can help you thrive financially!

Welcome to the Federated Employees branch, your friendly financial hub located at 1929 S Cedar Ave in Owatonna, MN! Our convenient location is nestled in Steele County, making it easy for you to access all the services you need right in the heart of the community. Whether you're visiting us for personal banking or exploring options for auto loans, we're here to help. If you're looking for landmarks, we're just a short drive from Owatonna's vibrant downtown area. You'll find ample parking available, and we've made sure our facility is accessible to everyone, with features like ramps and ADA compliance. Our lobby hours are designed with your busy schedule in mind; we're open Monday through Friday from 7:00 AM to 4:30 PM. Although we don't offer drive-thru services or ATMs at this location, our team is ready to assist you inside with a full range of personal banking options including checking and savings accounts, auto loans, mortgage loans, and more. For any official correspondence, please send it to our mailing address at 1929 S Cedar Ave, Owatonna, MN 55060-4301. Feel free to reach out to us at 507-455-5200 if you have any questions or if you'd like to learn more about how we can serve your financial needs. We invite you to visit us soon and experience the friendly service that sets Federated Employees apart!

At Federated Employees, we believe that everyone deserves access to a community-focused financial institution that truly cares about its members. Becoming a member is simple and rewarding! If you're looking to join us at our welcoming location in 1929 S Cedar Ave Owatonna Mn 55060, you'll find that eligibility is open to those who work for certain organizations, live in specific areas, or have family members who are already part of our credit union family. This means that if you have a connection to our community, you're likely eligible to enjoy all the benefits we offer, from personalized banking services to competitive loan rates. To learn more about the specific eligibility criteria and see if you qualify, feel free to visit our detailed guide at . Once you're ready to become a member, opening an account with us is straightforward! Just reach out by calling (507) 455-5200, and our friendly team will assist you through the process. Join us today and experience the advantages of being part of Federated Employees where your financial well-being is our top priority!

At Federated Employees, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to highlight our robust financial health, which ensures that we can continue to support you in achieving your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. With a net worth of $7,958,227, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,341 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $20,405,368 in share certificates and $9,629,350 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $7,862,868 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is significant; with $769 in used auto loans and $34,497,555 in total loans and leases, we support our members' financial goals across various sectors. Our operational efficiency is reflected in our $95,359, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 8 full-time employees and 1 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. In summary, our total share accounts stand at 8,548, showcasing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Federated Employees is your trusted partner. Visit us at 1929 S Cedar Ave Owatonna Mn 55060 or call (507) 455-5200 to learn more about how we can help you achieve your financial goals.