Midwest Federal Employees Credit Union

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PO Box 1167, Waterloo, IA, 50704

Midwest Federal Employees Credit Union was founded in 1930. Headquartered in Waterloo, Iowa, Midwest Federal Employees Credit Union is a state chartered and federally insured credit union, being chartered in Iowa and insured through the National Credit Union Share Insurance Fund (NCUSIF).

As of December 31, 2013, Midwest Federal Employees Credit Union services 1,022 members through its 2 full-time employees. It has $7,740,275.00 of total assets and $964,697.00 of net worth. Based on its asset size and net worth ratio, Midwest Federal Employees Credit Union is classified as a Well Capitalized small size credit union.

Midwest Federal Employees Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Midwest Federal Employees Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

Midwest Federal Employees Credit Union’s membership type is defined as State chartered natural person credit union. If you are interested in joining Midwest Federal Employees Credit Union, please visit their or call for details. If you are a current member of Midwest Federal Employees Credit Union or have used any of their services or products, please rate them and leave your comments.

The following two tables list the depository and loan interest rates of Midwest Federal Employees Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Iowa and in the nation.

Major Depository Accounts and Interest Rates (%)

Interest Rate
Median Rates of Iowa
National Median Rates
Checking
0.0000
0.0000
0.0000
Savings
0.2000
0.2000
0.1500
Money Market
0.0000
0.3100
0.2400
Certificate Deposit
0.0000
0.6150
0.5000
IRA
0.2500
0.7100
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Iowa
National Median Rates
Credit Cards
10.5000
9.9900
Unsecured Line of Credits
15.5000
12.0000
11.0000
Short-term Small Amount
NaN
22.6000
Student Loans
5.7000
6.0350
New Car Loans
2.7500
3.4500
3.9120
Used Car Loans
4.0000
4.9900
4.9900
1st Mortgage Real Estates
4.2500
4.5200
Other Real Estates
5.5000
4.7500
5.0000

Midwest Federal Employees Credit Union provides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet and ATMs. The table below lists the electronic banking services provided by Midwest Federal Employees Credit Union.

Electronic Banking Service Offerings

Membership Application
No
No
Share Account Transfers
Yes
New Loan Application
No
Share Draft Orders
No
No
New Share Account
No
Bill Payment
No
No
e-Statements
Yes
Loan Payments
Yes
Merchandise Purchase
No
Account Balance Inquiry
Yes
No
Merchant Processing Service
No
View Account History
Yes
No
No
Download Account History
No
No

As a community financial institution, Midwest Federal Employees Credit Union actively involves in local communities by providing services such as first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
No
Free Bill Pay
No
Financial Education
No
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
Yes
Insurance/Investment Sales
No
First Time Homebuyer Program
No
Midwest Federal Employees Credit Union
Main Office

300 Sycamore St 2nd Floor
Waterloo, IA 50703
Phone:

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  1. dizhome.ru Staff
    dizhome.ru Staff

    Last Updated on May 30, 2017

    May 30, 2017 at 10:29 pm

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