MID MINNESOTA FEDERAL CREDIT UNION - Detroit Lakes, MN

Welcome to Mid Minnesota Federal Credit Union, your trusted financial partner located at 1405 Highway 10 W, Detroit Lakes, MN 56501. Established in 1970, we have proudly served our community for over five decades, building strong relationships with our members and helping them achieve their financial goals. With a dedicated membership base of 63,620, we are committed to providing personalized service and a wide range of financial products tailored to meet your needs. At Mid Minnesota, we understand that every member's journey is unique. That's why we offer services ranging from checking and savings accounts to auto loans and business banking solutions. Our total assets stand at an impressive $755,038,729, ensuring that we have the resources to support you at every step of your financial journey. With total deposits reaching $79,188,286 and a net worth of $66,341,017, our financial health reflects our commitment to serving you responsibly and effectively. Our experienced team, led by CEO Bob Gerads and Board President Greg Lange, is here to guide you through all your banking needs. Whether you're looking for a new home loan or need assistance with online banking services, we're here for you. We also offer convenient ATM access and drive-thru services for those on the go. While members can visit us at our branch location in Detroit Lakes, official correspondence should be sent to our mailing address: 13283 Isle Dr, Baxter, MN 56425-8554. We invite you to discover how Mid Minnesota Federal Credit Union can help you reach your financial aspirations. Feel free to call us at 218-844-5540 or visit our website at mmfcu.org for more information about our services and how to become a member today!

Welcome to Mid Minnesota, a cornerstone of community banking in Detroit Lakes, MN. Since opening our doors in 1970, we have proudly served our members with dedication and integrity. What began as a small credit union has blossomed into a thriving financial institution, now boasting a total membership of over 63,620 individuals and families who trust us to meet their financial needs. Located at 1405 Highway 10 W Detroit Lakes Mn 56501, right off the busy Highway 10 W, we are easily accessible to anyone in the area. Our branch is not just about transactions; it's about building relationships and fostering a sense of belonging within our community. While members can visit us at this location, official correspondence should be sent to 13283 Isle Dr, Baxter, MN 56425-8554 for your convenience. At Mid Minnesota, our mission is clear: to empower our members by providing exceptional financial services while supporting the local community. We believe that everyone deserves access to quality banking options, which is why we offer a wide range of products from personal checking accounts and savings plans to auto loans and business financing. Our commitment extends beyond finance; we actively engage in various community outreach efforts, ensuring that we give back to the neighborhoods that support us. Over the years, we've embraced advancements in technology to enhance member experience. With features like online and mobile banking, e-statements, and person-to-person payment services, we strive to make banking as convenient as possible. Moreover, our branch complies with ADA standards, ensuring accessibility for all members. Our operating hours reflect our commitment to serving you: from Monday through Friday, our lobby is open from 8:30 AM to 5:00 PM, with drive-thru service available starting at 7:30 AM until 5:30 PM. Additionally, we proudly provide ATM services for quick cash withdrawals and basic transactions. As part of the larger Mid Minnesota network headquartered in Baxter, MN, we continue to grow both financially with total assets reaching an impressive $755,038,729 and in our ability to serve you better. Whether you're looking for a simple deposit or advice on complex financial matters, we're here for you every step of the way. Join us at Mid Minnesota today! Experience firsthand how we can help you achieve your financial goals while making a positive impact in your community. Give us a call at (218) 844-5540 or visit our website at https://www.mmfcu.org// for more information. Together, let's build a brighter future!

At Mid Minnesota, we're excited to welcome you into our vibrant community where members support one another and share in the benefits of being part of a credit union. To become a member, you simply need to meet a few friendly eligibility criteria. If you live, work, worship, or attend school in the area, you're likely already qualified! We aim to make this process as smooth as possible, so don't hesitate to reach out if you have any questions. You can check the detailed eligibility requirements on our website at . Once you're ready to join us at Mid Minnesota, opening an account is easy. Just visit us at our branch located at 1405 Highway 10 W Detroit Lakes Mn 56501, or you can start the process online through this link: https://www.mmfcu.org/business/lending/ . We're here to assist you every step of the way, so feel free to give us a call at (218) 844-5540 if you need any help or further information. Joining us means becoming part of a caring community where your financial well-being is our priority!

At Mid Minnesota, 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 committed to providing a safe and reliable banking experience, and our financial strength speaks volumes about our dedication to you. With a net worth of $66,341,017, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $878 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 $209,716,723 in share certificates and $36,946,420 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 $59,916,375 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to lending is evident with $16,563 in used auto loans and $605,612,569 in total loans and leases; this capacity supports your financial goals across various sectors. Our operational efficiency shines through with a net income of $2,922,061, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 171 full-time employees and 1 part-time employees who are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $5,874,579. Total Share Accounts: 121,489, 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, Mid Minnesota is your trusted partner. Visit us at 1405 Highway 10 W Detroit Lakes Mn 56501 or call (218) 844-5540 to learn more about how we can help you achieve 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.