My Credit Union Richfield MN | Affordable Auto Loans & Business Banking

Introduction

Welcome to My, a trusted financial partner since 1957, proudly serving the Richfield community at 345 E 77th St, Richfield, MN 55423. With a strong commitment to our members, we are here to provide personalized banking solutions that fit your needs. Our doors are always open to anyone looking for reliable services in personal and business banking. At My, we believe in building relationships based on trust and transparency. That's why we're proud of our robust financial health, boasting total assets of $376,206,452 and total deposits reaching $7,423,920. We currently serve over 23,856 members, ensuring that everyone has access to the resources they need for financial success. Our dedicated team of 77 employees, led by CEO Gregory Worthen and Board President James Habeck, is always ready to assist you with any inquiries or support you may require. While you can visit us at our branch for all your banking needs, please note that any official correspondence should be directed to our mailing address at 345 E 77th St, Richfield, MN 55423, as well. We take pride in offering a variety of services including checking and savings accounts, auto loans, mortgage options, personal loans, and business banking solutions. Our commitment to convenience is reflected in our modern banking features such as online and mobile banking options. You can easily manage your finances anytime and anywhere! Plus, with one ATM and drive-thru service available at our branch location, accessing your funds has never been easier. Join us today at My where community meets opportunity! Feel free to call us at 612-798-7100 for more information or simply drop by during our operating hours from 9:00 AM to 5:00 PM (Monday through Friday) and 9:00 AM to 12:00 PM on Saturdays. We look forward to welcoming you into our family!

Branch History & Mission

Commitment to Innovation

In today's fast-paced world, we understand the importance of convenience and accessibility. That's why we offer a range of digital services including online banking and mobile payments, ensuring that our members can manage their finances anytime, anywhere. We also comply with ADA standards, making our facilities and services accessible for everyone. Our branch features ATM availability and drive-thru banking for added convenience during your busy day. We aim to provide essential services like deposits, withdrawals, and simple transactions with ease.

Join Us

As we continue on this journey together, we invite you to become part of the My family. Experience firsthand how we can help you achieve your financial dreams while being part of a supportive community network. Come visit us at 345 E 77Th St Richfield Mn 55423 or reach out at (612) 798-7100; let us show you how membership can benefit you today!

Our Mission

The mission of My is simple yet profound: to empower our members through accessible financial services and meaningful community support. We believe that everyone deserves the opportunity to achieve their financial goals, whether that's through savings accounts, auto loans, or business banking solutions. Our team works tirelessly to ensure that every member feels valued and understood. We are not just about transactions; we are about relationships. Through various community outreach initiatives, we strive to make a positive impact beyond banking. Our partnerships with local organizations reflect our dedication to fostering growth within Richfield and creating opportunities for those who need them most.

Branch Location & Accessibility

Nearby Landmarks and Accessibility

Nestled near local favorites, our branch is just a short drive away from the bustling shops along 77th Street, making it easy for you to stop by while running errands. We prioritize accessibility for all members; our branch features ADA-compliant entrances and ramps, ensuring everyone can access our services without any hassle.

Operating Hours and Services

You can visit us during our convenient lobby hours from 9:00 AM to 5:00 PM on weekdays. If you prefer drive-thru banking, we're open Saturday mornings from 9:00 AM to 12:00 PM for your convenience. At My, we offer a variety of services including checking and savings accounts, auto loans, mortgage refinancing, and business banking solutions. Our ATM is available for quick cash withdrawals and balance checks anytime you need it.

Parking and Contact Information

Parking is ample around our location, allowing easy access whether you're stopping in for a quick transaction or planning to discuss your financial goals with one of our representatives. If you have any questions or would like more information, don't hesitate to give us a call at (612) 798-7100. We invite you to come experience the member-focused service that sets us apart. Stop by today or reach out we look forward to welcoming you to My!

Member Eligibility

At My, we believe that becoming a member is more than just opening an account; it's about joining a community that values you and your financial goals. To become part of our family, simply check if you meet our eligibility criteria. Generally, membership is open to those who live, work, or worship in the area around 345 E 77Th St Richfield Mn 55423. We also welcome family members of existing members! For a detailed look at all the eligibility requirements, feel free to visit our website at https://www.mymncu.org/membership . Joining us is easy and rewarding. Once you confirm your eligibility, you can start the account opening process without any hassle. If you have questions or need assistance along the way, don't hesitate to give us a call at (612) 798-7100. We're here to help you every step of the way!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $148 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $23 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $101,852,253, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In today's fast-paced market, having reliable payment processing is crucial for success. Our merchant services simplify transactions so you can focus on what matters most running your business. Imagine setting up a point-of-sale system that allows your customers to pay quickly and securely, giving them a seamless experience while boosting your sales. Visit us at 345 E 77Th St Richfield Mn 55423 in Richfield, MN, or call us at (612) 798-7100 to discover how our business banking and commercial services can help you achieve your goals!

Comprehensive List Of Services

Business Banking Solutions

For our members who are entrepreneurs or small business owners, we have comprehensive business banking services including merchant services and business loans. We understand that running a business requires more than just a bank account; it requires a partner who can support your growth.

Cash Withdrawal and Drive-Thru Services

Need cash quickly? Our ATM and cash withdrawal services are available for those times when you're on the go. Additionally, our basic drive-thru banking allows you to make deposits, withdrawals, and other simple transactions without leaving your vehicle perfect for busy days!

Convenient Digital Banking

In today's fast-paced world, convenience is key. That's why at Richfield, we offer robust online and mobile banking features that allow you to manage your accounts from anywhere at any time. Whether you need to transfer funds, pay bills, or check your balance, our digital tools make banking easy and accessible.

Personal Banking Made Easy

Our personal banking services are designed with you in mind. We offer checking and savings accounts that make it simple to manage your money while earning interest on your savings. If you're considering a new car, our auto loans and vehicle financing options can help you get behind the wheel without breaking the bank. For those looking to purchase a home, we provide mortgage loans and refinancing solutions that cater to various budgets and lifestyles. Life can sometimes throw unexpected expenses your way. That's why we also offer personal loans and debt consolidation services, helping you regain control over your finances. Plus, don't forget to check out our credit cards with rewards, which allow you to earn points for everyday purchases.

Your Financial Partner

At My, located at 345 E 77Th St Richfield Mn 55423, we're not just about transactions; we're about building relationships with our members. Our friendly staff is always ready to assist you with any questions or concerns. You can reach us at (612) 798-7100 during our operating hours from 9:00 AM to 5:00 PM on weekdays and 9:00 AM to 12:00 PM on Saturdays. We invite you to explore all the services we offer and see how My can help you achieve your financial goals. Visit us today or check out our website at https://www.mymncu.org/ for more information!

Digital & Online Banking

Key Features

Experience the ease of electronic signature authorization for all your important documents, making transactions smoother and quicker. You can also opt for e-statements to keep track of your finances without the clutter of paper. Want to send money to a friend? Our person-to-person transfer feature allows you to do that effortlessly. For those who prefer mobile banking, we offer a user-friendly mobile application that puts all these features in the palm of your hand. With mobile payments available, making purchases is as simple as a tap on your phone. We prioritize your safety with top-notch security measures in place across all platforms. So whether you're checking balances or making payments, you can rest easy knowing your information is protected. At My, we are committed to providing accessible financial solutions that fit into your lifestyle. Embrace the future of banking with us and enjoy real-time account management wherever life takes you!

Financial Strength

Growing Member Base

Total Share and Deposit Accounts: 60,097, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $387,961 further underline our ability to support your financial needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, My is your trusted partner. Visit us at 345 E 77Th St Richfield Mn 55423 or call (612) 798-7100 to learn more about how we can help you achieve your financial goals.

Investments in Your Future

With $30,696,991 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 reflected in our $1,932 in used auto loans and $325,792,919 in total loans and leases, supporting your financial goals across various sectors.

Operational Efficiency

Our $384,249 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 73 full-time employees and 4 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Options

Members' savings are secured through $44,943,711 in share certificates and $51,644,191 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.

Strong Financial Health

With a net worth of $35,414,621, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $945 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

Additional Information

If you're considering refinancing any existing loans or are curious about eligibility options, we encourage you to reach out for personalized assistance. Our knowledgeable staff at My, located at 345 E 77Th St Richfield Mn 55423, Richfield, MN, is ready to answer any questions you may have. Feel free to give us a call at (612) 798-7100 during our operating hours: 9:00 AM 5:00 PM (Monday Friday) and 9:00 AM 12:00 PM on Saturday. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. At My, we're here to help you navigate your financial journey with confidence and ease!

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $26,299,063 in used vehicle loans and $3,347,539 in new vehicle loans already helping members get on the road. Whether you're interested in financing a brand-new ride or a reliable used vehicle, our dedicated team is here to assist you every step of the way.

Business Loans

For business owners, our outstanding commercial loans totaling $101,852,253 provide the capital needed to grow and expand. We recognize the unique challenges that businesses face and are committed to supporting local entrepreneurs with tailored lending solutions.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $7,145,074, make buying or refinancing simple. We guide you through the mortgage process, ensuring that you understand all your options for purchasing or refinancing your home.

Unsecured Credit Cards

Managing day-to-day expenses can be challenging. That's why we also offer flexible terms on unsecured credit card loans, with a total of $12,667,489 in loans helping members manage their finances effectively. Our credit cards come with competitive rates and rewards designed to benefit our members.

Loan Aggregator

Ensuring Accurate 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 rigorous approach ensures that all offers presented are fair and transparent. LendMesh verifies each lender's legitimacy, eliminating confusion and promoting trust among users.

Key Benefits of Using LendMesh

- Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions. 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 kind of feedback highlights how effective the platform is in delivering value to its users. Take control of your financial future today. Compare real-time loan offers 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.

MY CREDIT UNION