Mid Minnesota Credit Union Fergus Falls MN | Low Mortgage Rates & Auto Loans

Introduction

Welcome to Mid Minnesota Federal Credit Union, your trusted partner in financial growth since 1970. Located at 1820 W Lincoln Ave, Fergus Falls, MN 56537, we take pride in serving our community with a commitment to reliable banking solutions tailored just for you. Whether you're looking for personal banking options or business financing, we are here to support your financial journey. With over 63,620 members and total assets exceeding $755 million, our credit union stands strong in the community, providing services that truly matter. Our dedicated team of 172 employees, led by CEO Bob Gerads and Board President Greg Lange, is committed to ensuring that each member feels valued and supported. At Mid Minnesota, we understand that every member's needs are unique. That's why we offer a diverse range of services including checking and savings accounts, auto loans, mortgage financing, and credit cards with rewards. With total deposits of $79,188,286 and cash in hand amounting to $10,376,580, you can trust us to safeguard your funds while providing you with competitive loan options over 33,612 loans have been issued to date. While members can visit us at our Fergus Falls branch for all their banking needs, official correspondence should be sent to our mailing address: 13283 Isle Dr, Baxter, MN 56425-8554. We invite you to explore how we can assist you in achieving your financial goals. For more information or if you have questions about our services, please call us at 218-736-9838 or visit our website at mmfcu.org. Your financial future starts here!

Branch History & Mission

Community Commitment

We are more than just a credit union; we are an integral part of the Fergus Falls community. Through various outreach programs and partnerships with local organizations, we actively contribute to initiatives that enhance the quality of life for residents in Otter Tail County. Whether it's supporting local schools or participating in community events, we believe that helping each other is what builds a stronger future. As you consider your financial options, we invite you to join Mid Minnesota Federal Credit Union. Experience firsthand how being part of a supportive community-oriented institution can benefit you financially and personally. Let us help you achieve your goals together we can make a difference! For inquiries or to learn more about becoming a member, feel free to reach out at 218-736-9838 or visit us online at mmfcu.org.

Our Mission

At Mid Minnesota Federal Credit Union, our mission is clear: we are here to empower our community through accessible financial services while fostering a spirit of cooperation and support. We believe that every member deserves not just banking services but also opportunities for growth and development. By prioritizing member needs and community engagement, we strive to create an environment where everyone can thrive. In addition to traditional banking services such as checking and savings accounts, auto loans, mortgages, and credit cards with rewards, we pride ourselves on embracing modern technology. Our digital advancements allow members to access online and mobile banking services effortlessly. We offer features like electronic signatures and person-to-person payments that make managing finances easier than ever. While you can visit us at our branch location for all your banking needs including drive-thru service official correspondence should be sent to our mailing address at 13283 Isle Dr, Baxter, MN 56425-8554.

Branch Location & Accessibility

Comprehensive Services Offered

At Mid Minnesota Federal Credit Union, we offer a variety of services to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgages, we've got you covered. Need cash? Our ATM is available for your convenience as well. Plus, if you're part of a partner credit union, you can utilize our shared service center for basic transactions making it easier than ever to manage your finances. While members can visit us at 1820 W Lincoln Ave for all their banking needs, any official correspondence should be sent to our mailing address at 13283 Isle Dr in Baxter, MN.

Easy Access and Parking

At our Fergus Falls branch, we prioritize your convenience. We have ample parking available right outside our doors, so you can park with ease and get in quickly. Our facility is designed to be accessible for everyone, including those who require ADA-compliant features. Whether you're visiting during our lobby hours or using the drive-thru service, we aim to make your experience smooth and welcoming.

Get in Touch!

If you have any questions or want to learn more about what we offer, feel free to give us a call at 218-736-9838. Our friendly team is here to help! We invite you to visit us soon experience firsthand how Mid Minnesota Federal Credit Union can support your financial journey!

Operating Hours that Fit Your Schedule

We understand that life can get busy. That's why our lobby is open Monday through Friday from 8:30 AM to 5:00 PM, while our drive-thru operates from 7:30 AM to 5:30 PM. This way, you can choose the time that works best for you to take care of your banking needs.

Member Eligibility

Joining the Mid Minnesota community means becoming part of a caring and supportive family that's dedicated to helping you achieve your financial goals. If you're wondering about eligibility, it's quite simple! Anyone who lives, works, worships, or attends school in the Fergus Falls area can become a member. This inclusiveness is at the heart of what we do. By choosing Mid Minnesota, you'll enjoy a range of personalized financial services tailored just for you, from checking accounts to loans and everything in between. Ready to take the next step? Opening an account is easy! You can find all the details on how to get started by visiting this link. If you have any questions or need assistance, feel free to reach out to us at (218) 736-9838. For more information on eligibility criteria, don't hesitate to check out our detailed resource here. We can't wait to welcome you into our Mid Minnesota family located at 1820 W Lincoln Ave Fergus Falls Mn 56537!

Business Banking & Commercial Services

Commercial Loans That Fuel Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $260 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $2 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $39,026,967, we continue to drive economic growth by financing new and expanding businesses.

Practical Merchant Services

Imagine having the ability to accept payments seamlessly, manage transactions easily, and keep your cash flow steady. Our merchant services offer just that! From point-of-sale systems to online payment solutions, we equip you with tools that simplify your operations and enhance customer experience. This means more time for you to focus on what you do best running your business. Visit us at 1820 W Lincoln Ave Fergus Falls Mn 56537 in Fergus Falls, MN or call us at (218) 736-9838 to discover how our tailored solutions can meet your business needs!

Comprehensive List Of Services

ATM & Cash Withdrawal Services

Need quick access to cash? Our ATM services provide easy withdrawals and balance checks whenever you need them. Plus, our drive-thru banking lets you handle deposits and withdrawals without leaving your vehicle perfect for busy days!

Auto Loans & Vehicle Financing

Thinking about buying a new car? Our Auto Loans & Vehicle Financing services can help get you behind the wheel without the stress of high-interest rates. We work closely with you to find the best financing option that fits your budget. Imagine driving off in your dream car while knowing you've secured an affordable loan!

Business Banking

Are you a business owner? Our comprehensive Business Banking services include merchant services and business loans that can help you grow your enterprise. We understand that running a business comes with its own set of challenges; let us partner with you to find solutions that drive success.

Credit Cards with Rewards

For those who love earning rewards, our Credit Cards with Rewards program is perfect for making everyday purchases more rewarding. Picture enjoying cash back or points on every dollar spent it's our way of saying thank you for being part of the Mid Minnesota family.

Mortgage Loans & Refinancing

If homeownership is on your mind, our Mortgage Loans & Refinancing options can guide you through the process. Whether you're purchasing your first home or looking to refinance an existing mortgage for better rates, we're here to assist every step of the way.

Online & Mobile Banking

In today's fast-paced world, convenience is key. That's why we offer robust Online & Mobile Banking features that allow you to manage your accounts anytime, anywhere. From checking balances to transferring funds or making payments, everything is just a few clicks away.

Personal Banking

We understand that managing your finances can sometimes feel overwhelming. That's why we offer Personal Banking options like checking and savings accounts that make everyday banking simple. Whether you're saving for a special purchase or just looking for a place to manage your daily expenses, our accounts are designed with your needs in mind.

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way, and that's where our Personal Loans & Debt Consolidation services come into play. With flexible terms, we help you consolidate debt or cover those urgent costs without added stress.

Shared Branch Transactions

As part of our commitment to community banking, we also facilitate Basic Shared Branch Transactions for members of partner credit unions. This means more locations and options for deposits and withdrawals wherever life takes you. At Mid Minnesota, we strive to make banking accessible and straightforward. For any inquiries or assistance, don't hesitate to reach out at 218-736-9838. We're here to help! Explore all these services and more by visiting us online at www.mmfcu.org. Join us today and take advantage of what we have to offer!

Digital & Online Banking

Key Features

Explore the benefits of our online banking services at https://www.mmfcu.org//. Whether you're checking your balance, paying bills, or transferring money, everything is just a click away. Our 24/7 online banking service allows you to access your accounts whenever it suits you. Need to send money quickly? With our person-to-person transfer feature, you can easily send funds to friends or family with just a few taps on your mobile device. If you're always on the go, our mobile application provides a user-friendly interface for managing your accounts right from your smartphone.

Security and Ease of Use

Your security is a top priority at Mid Minnesota. We offer electronic signature authorization for added protection when completing transactions online. Plus, with e-statements available, you can keep track of your financial activity securely without the need for paper statements cluttering your inbox. For those who enjoy the flexibility of mobile payments, our system supports this feature too! You can make purchases directly from your smartphone making everyday transactions quick and easy. In short, our digital and online banking options are all about providing you with accessible, user-friendly tools to manage your money efficiently. Join us at Mid Minnesota today and experience how convenient banking can be!

Financial Strength

Growing Member Base

Total Share and Deposit Accounts: 121,489, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $5,874,579. In conclusion, 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 1820 W Lincoln Ave Fergus Falls Mn 56537 or call (218) 736-9838 to learn more about how we can help you achieve your financial goals.

Member-Centric Savings Options

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.

Operational Efficiency

Our $2,922,061 reflects our operational efficiency, 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, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Reinvestment in Member Services

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. Additionally, with $16,563 in used auto loans and $605,612,569 in total loans and leases, our lending capacity supports members' financial goals across various sectors.

Strong Financial Health

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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $255,596,980 in used vehicle loans and $91,993,699 in new vehicle loans already helping members get on the road. Whether you're looking for a brand-new model or a reliable used vehicle, we have competitive financing options that make it easy to drive away happy.

Business Loans

For business owners, our outstanding commercial loans totaling $39,026,967 provide the capital needed to grow and expand your business. We know that having access to funds can make all the difference in turning your ideas into reality.

Credit Lines

If you're looking for flexibility in borrowing, consider our credit lines totaling $198,885,499. This option allows you to borrow as needed while only paying interest on what you use perfect for unexpected expenses or planned projects. At Mid Minnesota, we believe in empowering our members through accessible financing solutions. If you're interested in refinancing existing loans or exploring eligibility options, don't hesitate to reach out. You can contact us at (218) 736-9838 or visit us at our branch located at 1820 W Lincoln Ave Fergus Falls Mn 56537 in Fergus Falls, MN. Whether you're ready to apply for a loan or just want more information about our offerings, we're here to help you every step of the way. Let's work together to turn your financial dreams into reality!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $31,443,682, make buying or refinancing simple. We provide guidance throughout the process to ensure you find a solution that fits your needs.

Unsecured Credit Card Loans

Managing everyday expenses can be challenging, which is why we also offer flexible terms on unsecured credit card loans. With a total of $11,452,566 in loans helping members manage their finances effectively, our credit cards come with features designed to assist you in budgeting and spending wisely.

Loan Aggregator

Benefits of Using LendMesh

- Verified Data: Loan offers come from legitimate financial institutions, guaranteeing transparency in what you're seeing. - No Sponsored Listings: Unlike other comparison tools, LendMesh does not prioritize lenders based on paid promotions. The goal is to provide unbiased results for all users. - Real-Time Rate Comparisons: Users benefit from up-to-date loan rates from multiple institutions, allowing them to make informed decisions based on current market conditions. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This highlights the platform's effectiveness in helping individuals secure better financial options. Take control of your borrowing experience. Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

Ensuring Accurate Loan Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This means that every loan offer you see is fair and transparent. LendMesh prioritizes accuracy, ensuring that users receive reliable information to guide their borrowing choices.

Mid Minnesota