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Credit Union News
New Scam! Please Read This!
Another new scam has started. With this particular scam, members receive a phone call stating their debit card or credit card has been deactivated. Members are instructed to press 1 to reactivate their card. Then they are instructed to enter their 16-digit card number and PIN. All of this is on an automated system. THIS IS A SCAM. Do NOT do this. Mayo Employees Federal Credit Union will never ask for your PIN, and if your card is deactivated for any reason, a real person will call you, not an automated system. Please make everyone in your family who carries a debit or credit card aware of this.
Fraud Alert!
You may have received an email from the Credit Union National Association (CUNA) asking you to fill out a new application for a monetary award. This is a "phishing" scam. Do not click on the link in the email or provide any information. CUNA is the trade association for Credit Unions. CUNA does not maintain any type of customer/member financial information. Additionally, MEFCU would never request personal identification information over the phone or via an e-mail solicitation. If you did respond to this e-mail, contact MEFCU at 535-1460 or (800) 535-2129.
Safety of Your Deposits at MEFCU
With the failure of IndyMacBank in California, many T.V. news programs are warning consumers to limit their deposits in financial institutions to avoid loss. We want to help you understand how your deposits are protected here at your Mayo Employees Federal Credit Union. Your deposits are first insured by the National Credit Union Administration (NCUA) up to $100,000 on regular deposits and up to $250,000 on your IRA deposits. read more...
Volunteer Opportunities Available
Opportunities await Mayo Employees Federal Credit Union members who are interested in a credit union volunteer position. Volunteering as a member of the credit union Board of Directors is a great way to become involved in the "people helping people" credit union movement. To request an informational packet and brief application form, contact Terry Fields at fields.terry@mayo.edu or at 535-1445. View the roles and expectations of the volunteer positions. Applications will be accepted until August 29, 2008.
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Our switch kit makes it easy to switch your bank account to MEFCU. Print out a helpful Switch Kit (pdf) and make the switch today! Mayo Credit Union logo with arrows
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Phone: (507) 535-1460 or (800) 535-2129     Fax: (507) 535-1476    ABA Routing & Transit Number: 291975478
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