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Mayo Employees Federal Credit Union (MEFCU)

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2.5 5

Reviews (5)

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Mar 25, 2014
30 plus years of positive experience
Roch01 Account Holder

I have had checking, car loans and savings accounts at many other credit unions and banks.  MEFCU has been the best.  I never had a problem and appreciate their advice / service.  My son has his home loan there without difficulties.  Thanks MEFCU

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Feb 11, 2013
Bush league
Anonymous Account Holder

Poor customer service - requires outdated security measures that make their systems nearly un-usable.


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Dec 01, 2012
Anonymous Account Holder

We have banked at MCU for over 10 years.  We have nothing but good experiences from them.  The on-line banking works fine 99% of the time, when they are making changes to the system they have to work out the glitches but those instances are rare and customer service has always been able to help us immediately.  We bought a truck last month.  The MCU loan officer offered us 3.49% which was their "best rate" for excellent credit (for vehicle age, price and term of loan).  The day we signed the paperwork the MCU loan officer called the dealership's loan officer.  After hearing what the the dealership offered for a rate the MCU loan officer dropped our rate from 3.49% to 2.99%.  MCU could not help us with a mortgage since we own more than 10 acres.  They referred us to a small town bank who was then able to give a 30 yr. fixed under 4% when our current mortgage bank was screwing us with a 5.875% 5/25 ARM or a 6% 30 yr. loan. Boo AgStar, yay MCU for recommending a good lender to us.  We have always experienced nice, helpful employees at MCU.

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Aug 27, 2012

Screws up home loans...they had 5 weeks to prepare and finalize our mortgage. We are packed and ready to go and just 3 days before our move they might not give us the loan. Stay far, far away. 

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Aug 14, 2012

Poor customer service, horrible online banking service. It goes down every other Tuesday (which is payday of course) refuses to loan money to help rebuild your credit. Stay away from here if you have poor credit. 

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