MMFCU
Quick Summary
- HSA savings account
The Verdict
MMFCU provides essential HSA features with zero monthly maintenance fees and basic savings functionality, earning a 0/5.0 rating from HSA Orbit.
We are locals serving locals, for the good of our community. We live, shop and do business here. Our families and friends are here. Our homes are here. Simply put, we’re invested here on every level.
When people debate credit unions vs banks, there really isn’t a comparison. Big banks are concerned with their profits. Credit unions, like MMFCU, are concerned for our neighbors. We are owned and led by members, your actual neighbors, so our profits are your profits. Everything comes back to the members. You’ll likely see it in our higher dividends, lower interest rates and more customized service offerings.
It’s not a dream, it’s the reality of MMFCU membership. You can bank with people who understand you and your needs. People who live, work and serve in your community. And we believe our community is strengthened when we all grow together. That’s what makes credit unions like MMFCU special.
Key Features
Banking & Access
Basic account access provided.
Investment Options
This provider focuses on cash savings without investment options.
Security & Insurance
Deposits are FDIC/NCUA insured for your protection.
Account Details
No minimum balance to open. no account opening fees.
Fee Analysis
| Fee Type | This Provider | Industry Average | Verdict |
|---|---|---|---|
| Monthly Maintenance | $0.00 | $0.69 | EXCELLENT |
| Account Opening | $0.00 | $1.88 | EXCELLENT |
| Account Closing | $0.00 | $1.95 | EXCELLENT |
Industry averages calculated from 853 providers in the HSA Orbit database.
Investment Options
Savings-Only Account
MMFCU currently offers a savings-focused HSA without investment options. Your funds earn interest in a cash account.
Interest Rates
Standard Rates
| Balance Range | APY |
|---|---|
| $5 - $2,499 | 0.15% |
| $2,500 - $4,999 | 0.20% |
| $5,000+ | 0.25% |
Last updated: 06-20-2024
Contact Information
Address
200 S 6th St Brainerd, MN 56401 Customer Service Mailing Address Mid Minnesota Federal Credit Union PO Box 746 Brainerd, MN 56401
Customer Service
218-829-0371
200 S 6th St Brainerd, MN 56401 Customer Service Mailing Address Mid Minnesota Federal Credit Union PO Box 746 Brainerd, MN 56401
At a Glance
Pros & Cons
The Good
- •No monthly maintenance fees
- •No account opening or closing fees
- •FDIC/NCUA insured deposits
The Bad
- •No investment options available
- •No online banking
- •No debit card included
User Sentiment
Based on community feedback
Sentiment data coming soon
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