Mayo Employees Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

4.36%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

3.60%

Our Rating

4.2 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.mayocreditunion.org

507-535-1460

130 23rd Ave SW
Rochester, MN 55902

Mayo Employees Federal Credit Union is headquartered in Rochester and is the 6^th largest credit union in the state of Minnesota. It is also the 334^th largest credit union in the nation. It was established in 1934 and as of December of 2024, it had grown to 112 employees and 74,149 members at 10 locations. Mayo Employees Federal Credit Union's money market rates are 6X the national average, and it has an A health rating.

Field of Membership Restrictions

Mayo Employees Federal Credit Union is open to current and retired Mayo employees, volunteers of all Mayo affiliated entities, students of Mayo Clinic, and employees of other Select Employer Groups and their family.
See current membership details

Reviews (1)

Write a Review

Terrible Customer Service

Posted by: mhafarideh | Oct 5, 2021

Rude customer service. Terrible, they don't even know how to speak with a customer. Avoid like the plaque.

Comment

Health

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #	24748
Year Chartered	1934
Employees	112
Primary Regulator

Profit Margin
Return on Assets - YTD	0.87%
Return on Equity - YTD	7.61%
Annual Interest Income	$47.3MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$1.39B$1.35B
Loans	Q4 2024vs Q4 2023	$690.9MM$678.8MM
Deposits	Q4 2024vs Q4 2023	$1.21B$1.2B
Equity Capital	Q4 2024vs Q4 2023	$159.2MM$137.1MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$2.7MM$2.6MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$466K$319K
Real Estate Owned	Q4 2024vs Q4 2023	$0$0

TODAY'S FEATURED RATES

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

4.30%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.44%

Our Rating

4.3 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

4.36%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

3.60%

Our Rating

4.2 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

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Savings
Money Market
Checking
CD
IRA

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Always verify rates and promotions with the bank or credit union. We are not Mayo Employees Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Mayo Employees Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
5.50%	$100	$8k	Teen Savings
4.50%	$100	$5k	Youth Savings
0.50%	$5	-	Health Savings Account
0.30%^*	$20k^*	-	Savings Account
OTHER TIERS: 0.05% → $0 - $2.5k \| 0.20% → $2.5k - $20k

Mayo Employees Federal Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
2.50%^*	$1m^*	-	Premium Money Market Savings
OTHER TIERS: 1.65% → $20k - $50k \| 1.85% → $50k - $100k \| 2.00% → $100k - $250k \| 2.45% → $250k - $1m
1.50%^*	$50k^*	-	Money Market Savings
OTHER TIERS: 1.15% → $2.5k - $10k \| 1.45% → $10k - $50k

Mayo Employees Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$25	-	Checking Account

Mayo Employees Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
3.61%^*	$100k^*	-	1 Year CD
OTHER TIERS: 3.45% → $1k - $10k \| 3.51% → $10k - $25k \| 3.56% → $25k - $100k
2.95%^*	$100k^*	-	2 Year CD
OTHER TIERS: 2.80% → $1k - $10k \| 2.85% → $10k - $25k \| 2.90% → $25k - $100k
2.90%^*	$100k^*	-	6 Month CD
OTHER TIERS: 2.75% → $1k - $10k \| 2.80% → $10k - $25k \| 2.85% → $25k - $100k
2.85%^*	$100k^*	-	3 Year CD
OTHER TIERS: 2.70% → $1k - $10k \| 2.75% → $10k - $25k \| 2.80% → $25k - $100k
2.80%	$1k	-	5 Year CD
2.75%	$1k	-	4 Year CD
0.60%^*	$100k^*	-	3 Month CD
OTHER TIERS: 0.45% → $1k - $10k \| 0.50% → $10k - $25k \| 0.55% → $25k - $100k

Mayo Employees Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
3.61%^*	$100k^*	-	1 Year IRA
OTHER TIERS: 3.45% → $1k - $10k \| 3.51% → $10k - $25k \| 3.56% → $25k - $100k
2.95%^*	$100k^*	-	2 Year IRA
OTHER TIERS: 2.80% → $1k - $10k \| 2.85% → $10k - $25k \| 2.90% → $25k - $100k
2.90%^*	$100k^*	-	6 Month IRA
OTHER TIERS: 2.75% → $1k - $10k \| 2.80% → $10k - $25k \| 2.85% → $25k - $100k
2.85%^*	$100k^*	-	3 Year IRA
OTHER TIERS: 2.70% → $1k - $10k \| 2.75% → $10k - $25k \| 2.80% → $25k - $100k
2.80%	$1k	-	5 Year IRA
2.75%	$1k	-	4 Year IRA
0.60%^*	$100k^*	-	3 Month IRA
OTHER TIERS: 0.45% → $1k - $10k \| 0.50% → $10k - $25k \| 0.55% → $25k - $100k
0.50%	$0	-	IRA Savings

Locations

Cities: Jacksonville, La Crosse, Phoenix, Rochester

Jacksonville Branches
Branch Office	4500 San Pablo Rd S	Jacksonville, FL 32224-1865

La Crosse Branches
Branch Office	605 West Ave S	La Crosse, WI 54601

Phoenix Branches
Branch Office	5777 E Mayo Blvd	Phoenix, AZ 85054

Rochester Branches
Branch Office	3990 41st St NW	Rochester, MN 55901
Branch Office	130 23rd Ave SW	Rochester, MN 55902
Branch Office	1216 2nd St SW	Rochester, MN 55902
Branch Office	565 1st Ave SW	Rochester, MN 55902
Branch Office	4463 Canal Pl SE	Rochester, MN 55904
Corporate Office	2203 2nd ST SW	Rochester, MN 55902
Branch Office	20 2nd Ave SW	Rochester, MN 55902

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