Mutual First Federal Credit Union


Overview / Commentary
402-697-8200
14510 F St
Omaha, NE 68137

Mutual First Federal Credit Union is headquartered in Omaha and is the 11th largest credit union in the state of Nebraska. It is also the 1,654th largest credit union in the nation. It was established in 1949 and as of December of 2020, it had grown to 33 employees and 11,917 members at 2 locations. Mutual First Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Mutual First Federal Credit Union is open to those who live, work, worship, or attend school in the Nebraska counties of Cass, Douglas, Sarpy, or Washington, or Pottawattamie County, Iowa.
See current membership details

Reviews (1)

CARELESS BANKING & TERRIBLE CUSTOMER SERVICE

In November, 2020, someone stole blank checks from me and managed to cash one for $540 at Cobalt Credit Union with no identification whatsoever. My previous credit Union, Mutual First Federal, then compounded the problem by cashing that bad check from my account. The signature on the bad check bore absolutely no resemblance whatsoever to my signature, which Mutual First Federal has on file. Cobalt had not bothered to record any identification whatsoever, not even a driver’s license number, and yet Mutual First Federal determined it was their job to protect the interests of Cobalt rather than their own credit Union member.

After many years with Mutual First Federal, I’ve learned the hard way that you can ALWAYS depend on them to dismiss their own customer’s interests altogether every time a dispute arises. There are MANY banks and credit unions in Omaha. You can do better than Mutual First Federal without even trying. Choose a credit Union that will keep YOUR interests at heart!!!



Health
B+

Health Grade Components

Overall
NCUA #24540
Year Chartered1949
Employees33
Primary Regulator
Profit Margin
Return on Assets - YTD0.47%
Return on Equity - YTD5.47%
Annual Interest Income$4.8MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$111.6MM$97.0MM
LoansQ4 2020vs Q4 2019$77.0MM$71.7MM
DepositsQ4 2020vs Q4 2019$94.5MM$81.0MM
Equity CapitalQ4 2020vs Q4 2019$9.3MM$8.8MM
Loan Loss AllowanceQ4 2020vs Q4 2019$910.00K$902.00K
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$909.00K$1.0MM
Real Estate OwnedQ4 2020vs Q4 2019$323.00K$323.00K
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Mutual First 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.

Mutual First Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%*-$15kKasasa Saver
OTHER TIERS: 0.15% $15k+
0.10%--IRA Savings
0.10%--Health Savings
0.10%--Christmas Club
0.10%--Vacation Club
0.05%--Savings Account
0.05%--Business Statement Savings

Mutual First Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.35%*$150k*-First Market Money Market Account
OTHER TIERS: 0.10% $2.5k - $25k | 0.15% $25k - $50k | 0.20% $50k - $150k
0.35%*$250k*-Commercial Money Market
OTHER TIERS: 0.10% $25k - $50k | 0.15% $50k - $100k | 0.25% $100k - $250k

Mutual First Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.31%*-$15kKasasa Cash Checking
OTHER TIERS: 0.15% $15k+
0.05%$5k-Business Partner Plus Checking

Mutual First Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%*$10k*-48 Month CD
OTHER TIERS: 0.45% $1k - $10k
0.65%*$10k*-48 Month Youth CD
OTHER TIERS: 0.45% $500 - $10k
0.40%*$10k*-24 Month CD
OTHER TIERS: 0.25% $1k - $10k
0.40%*$10k*-24 Month Youth CD
OTHER TIERS: 0.25% $500 - $10k
0.15%$25-12 Month Save to Win CD

Mutual First Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%*$10k*-60 Month IRA
OTHER TIERS: 0.70% $1k - $10k
0.40%$10k-12 Month IRA
Locations


Mutual First Federal Credit Union Locations
Branch Office14510 F StOmaha, NE 68137
Branch Office8073 Blondo StOmaha, NE 68134

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.