Welcome to minnesota-power-employees, a member-focused financial institution established in 1933 that prioritizes the needs of our community and military members. Located in the heart of Duluth, MN, we are committed to empowering our members through superior service and innovative financial solutions. Under the leadership of CEO Debora Almirall and Board President Marcia Podratz, we strive to create an inclusive environment where everyone can achieve their financial goals.

As a federally insured credit union since 6/2/1971 0:00, you can trust that your deposits are secure with us. We offer modern banking conveniences, including comprehensive online banking services, a user-friendly mobile application, person-to-person transfers, e-statements, mobile payments, and electronic signature authorization for added accessibility. At minnesota-power-employees, our mission is clear: to provide trusted financial services that enhance the lives of our members while fostering a sense of community. For more information, visit our website at https://mpecu.com/ or reach out via fax at (218) 336-1839. Join us on this journey toward financial empowerment and discover how we can serve you better.

At Minnesota Power Employees Credit Union, we are dedicated to providing our members with a comprehensive suite of financial services designed to meet their diverse needs. From personal banking options, such as checking and savings accounts, to tailored lending solutions including auto loans, mortgage refinancing, and credit cards with rewards, we strive to support every aspect of our members' financial lives. Our business banking services offer essential merchant solutions and business loans, making it easier for small businesses to thrive in today’s competitive landscape. Whether you’re looking to manage everyday banking or plan for significant life milestones, our offerings can help pave the way toward achieving your goals.

In today's fast-paced world, convenience is key, and that's why we emphasize digital access across all our services. With online banking and a user-friendly mobile application, members can easily manage their finances from anywhere. Features like Person-to-Person transfers and mobile payments provide added flexibility for everyday transactions. E-statements and e-signatures ensure that managing your finances is not only efficient but also secure. For those interested in exploring membership options, more information can be found at https://mpecu.com/about-mpecu/membership/ . If you're considering a loan or wish to compare rates for better budgeting decisions, check out https://www.lendmesh.com/loans/personal_loans . Our team is here to help; feel free to reach us at (218) 336-1839 for personalized support and guidance as you navigate your financial journey with us.

Minnesota Power Employees Credit Union is not just a financial institution; it is a trusted partner in the journey towards financial stability and growth. With a robust Total Membership of 5,186, we are dedicated to serving our community and building lasting relationships with our members. Our strength is reflected in our impressive Total Assets, which stand at 153,892,258, showcasing our commitment to safeguarding your funds and providing you with exceptional services.

Our Net Worth of 20,701,725 speaks volumes about our financial health and stability, allowing us to support our members effectively. In the past year, we achieved a significant Net Income of 1,144,118, demonstrating our ability to operate efficiently while continuing to invest in member services. We understand that trust is built on transparency, and we are proud of our Total Deposits, amounting to 12,700,856, which indicates the confidence our members place in us.

At Minnesota Power Employees, we offer diverse lending options tailored to meet your unique needs. With a focus on community development, we have facilitated a commendable Total Loans and Leases portfolio of 90,786. This includes our competitive offerings in both Credit Card Loan Volume at 635 and Auto Loan Volume reaching 121,944, ensuring that whether you're financing a vehicle or managing day-to-day expenses, you have reliable support.

Our success hinges on our dedicated team, as evidenced by our Total Employees of 20 who are committed to delivering personalized service. The solid Net Worth Ratio of 1,345 further confirms our fiscal responsibility and resilience within the financial landscape.

As you consider your options for banking and loans, remember that Minnesota Power Employees Credit Union stands as a beacon of reliability and service excellence. Our commitment to fostering strong financial futures for all members resonates deeply within the community we serve. For performance insights and additional financial data, please refer to the National Credit Union Administration (NCUA) at: https://www.ncua.gov .

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