Data Source: NCUA, December 31, 2016
Federated Employees Credit Union was founded in 1934. Headquartered in Owatonna, Minnesota, Federated Employees Credit Union is a state chartered and federally insured credit union, being chartered in Minnesota and insured through the National Credit Union Share Insurance Fund (NCUSIF). Federated Employees Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, Federated Employees Credit Union services 4,694 members through its 2 offices and branches and 4 full-time and 3 part-time employees. It has $42,435,285 of total assets and $6,228,286 of net worth. Based on its asset size and net worth ratio, Federated Employees Credit Union is classified as a Well Capitalized medium small credit union.
Federated 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. Federated 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.
The following two tables list the deplitory and loan interest rates of Federated 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 Minnesota and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
Federated Employees Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Federated Employees Credit Union.
Electronic Banking Service Offerings
As a community financial institution, Federated Employees Credit Union actively involves in local communities by prliding services such as financial education, and first tim home buyer programs.
Community and other Service Offerings
Fecu Downtown Office
121 E Park Sq
Owatonna, MN 55060-3046
Fecu Main Office
1929 S Cedar Ave
Owatonna, MN 55060-4301