Monday, October 17, 2016

Mid-Minnesota's newest Branch Location: Aitkin

Mid-Minnesota Federal Credit Union will open its 11th branch location in 2017 after recently purchasing property in Aitkin.

According to MMFCU President Chuck Albrecht, the new branch location will be located at 961 Second Street Northwest in Aitkin and will be a full-service location, complete with a drive-through facility and 24-hour ATM access.

Albrecht said the building will be completely remodeled and is believed to be open in early 2017.

“To see this organization continue to grow and meet the needs of our members and neighbors is exciting,” Albrecht said. “It is an honor and pleasure to extend our reach into the Aitkin community and its neighboring cities, and we look forward to opening our doors in 2017.”

In October 2014, MMFCU’s field of membership was expanded to include the counties of Becker, Norman, and parts of Aitkin County – including the communities of Aitkin, McGregor, and Palisade.

Ashley Warner recently joined Mid-Minnesota Federal Credit Union as the Branch Manager of the Crosby Office and will soon manage our Aitkin location also.
Warner began working in the financial industry in operations and has had experience at a number of financial institutions in a variety of roles. As Branch Manager of Aitkin and Crosby, Warner will be responsible for the Aitkin branch opening in early 2017, overseeing the operations in Crosby, and be responsible for daily branch operations, along with employee growth.
“I had an amazing experience with Mid-Minnesota Federal Credit Union on a personal level,” Warner said, “and I told myself this is a place where I want to work; a place I would enjoy coming to work every day.”
Warner enjoys the outdoors and has been married for nearly two years. She has volunteered with Junior Achievement and currently serves as a Kinship Mentor and in the lunch buddy program at Cuyuna Regional Elementary School.


Mid-Minnesota Federal Credit Union is a member-owned financial cooperative serving central Minnesota. The credit union has full-service offices in Alexandria, Baxter, Brainerd, Crosby, Detroit Lakes, Little Falls, Pequot Lakes, Staples, and Twin Valley; as well as a drive-through in Baxter.

Monday, September 19, 2016

Mid-Minnesota is Now Offering CO-OP Shared Branching

Personalized service is a major benefit of banking at Mid-Minnesota, and you don’t have to sacrifice convenience to get it. Take advantage of Mid-Minnesota’s shared branching services through CO-OP Shared Branch and you can access your account at any of 5,100 credit union branches nationwide, often just as if you were visiting one of our own.

The national CO-OP Shared Branch network links participating credit unions electronically, allowing credit union members to do “branch banking” even when the branch near you doesn’t belong to Mid-Minnesota. This is a huge benefit to members who travel, whose workplaces don’t coincide with our branch locations, or who simply enjoy the convenience of expanded access. Wherever you are across the country, chances are good there’s a shared branch near you.

Shared branching is yet another example of credit union membership offering the best of both worlds—individualized attention and nationwide availability. The cooperative spirit of credit unions allows them to work with each other in ways that competing banks typically do not. Visit or download the Shared Branch Locator app for iPhone or Android to find branches nearest you. You can also look for the “CO-OP Shared Branch” logo on the door of any credit union branch.  

At a CO-OP Shared Branch location you can:

  • Make deposits and withdrawals
  • Make loan payments
  • Receive loan advances
  • Access VISA® or MasterCard® funds

Many shared branches also offer transfers, statement histories, money orders, traveler’s checks and notary services. Since services vary from one location to another, check with individual branches before your visit for a complete menu of available services.

Learn more at your local Mid-Minnesota branch location or on our website here.

Mid-Minnesota Federal Credit Union is a member-owned financial cooperative serving central Minnesota. The credit union has full-service offices in Alexandria, Baxter, Brainerd, Crosby, Detroit Lakes, Little Falls, Pequot Lakes, Staples, and Twin Valley; as well as a drive-through in Baxter.

Thursday, August 25, 2016

MMFCU Celebrates 60 Years of Service in June

Mid-Minnesota Federal Credit Union (MMFCU) celebrated its 60th anniversary this past June with a great evening of events. We had a beautiful night that featured a visit from Minnie Mouse and a raffle for our attendees with great prizes.

The children in attendance got to enjoy a bounce house, caricatures, cotton candy, balloon art, and more. Our attendees also got to eat some delicious pulled pork sandwiches. It was great to see such a big turnout by our members and community! It added to the excitement of our anniversary celebration.

As part of the celebration, MMFCU’s President/CEO, Chuck Albrecht, and Minnesota Credit Union Foundation Secretary Kathy Harrington, presented the Minnesota Credit Union Builders Award to Mrs. Don Eschenbacher.  Her husband Don played a vital role in the success of our credit union early on.  

The names of the Minnesota Credit Union Builders Award recipients and the contributing credit unions are permanently displayed in the Minnesota Credit Union Network’s lobby as a tribute to their accomplishments. 

Chuck also spoke about how Mid-Minnesota got its start and where we’re headed. 

“We believe in helping our neighbors achieve the American dream,” Chuck said. “We believe in helping our members send their children to college and, we believe in helping our members retire with confidence”. 

“Today, MMFCU celebrates our 60th anniversary and continues to live out our service pledge set by our seven founding members in 1956.” 

Mid-Minnesota Federal Credit Union started as the Northwest Employees Credit Union in June 1956. We became the Brainerd Community Federal Credit Union in August 1970. We changed our name for good in 1982 when we became Mid-Minnesota Federal Credit Union. 

Today we are proud to say that we have grown to well over 37,000 members and have over $257,678,149 in assets! However, we wouldn’t be where we are today without our members.

Our member / owners are what make Mid-Minnesota Federal Credit Union what it is today and it has been amazing to see how we’ve grown over the past 60 years. 

We are incredibly thankful for the years of service we have been able to give, and we look forward to many more to come.

To see how far we’ve come and all the services we offer, please visit our website at 

Here are some photos from that great event in June:

Mid-Minnesota Federal Credit Union is a member-owned financial cooperative serving central Minnesota. The credit union has full-service offices in Alexandria, Baxter, Brainerd, Crosby, Detroit Lakes, Little Falls, Pequot Lakes, Staples, and Twin Valley; as well as a drive-through in Baxter.

Monday, July 11, 2016

Why Simply Free Checking May Be Right for You

Since their creation, checking accounts have made millions of people satisfied for many reasons. Checking accounts are a quick and easy way to access your cash and help track your finances and transactions while keeping your money safe.

With hundreds of different checking accounts and options, it can be difficult to determine which is best and which provider to use. In central Minnesota, the answer is simple: Mid-Minnesota Federal Credit Union and our multiple types of checking accounts. We understand that checking is not a one-size-fits-all service, and we have created multiple account options to fit your needs.

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The most common choice of accounts is our Simply Free Checking. With Simply Free Checking, you will never have a monthly service charge, per-check charge, or minimum balance to maintain. Your VISA Debit Card is completely free, and 24-hour account access is available by phone or personal computer at no charge. Add to that free direct deposit and no-surcharge ATMs and you’ve got much more than just an ordinary checking account.

Making the switch is easy, too. Your first 50 checks are free and we can even get you temporary personalized checks so there’s no waiting time when you’re without them. We’ll help you re-direct automatic deposits and payments at no charge and even get you started on any of our popular 24-hour services.

With the many convenience and safety benefits that a Simply Free Checking account creates for you, it’s a wonder why you haven’t said goodbye to that bank checking account and joined the thousands of members who have made life simple with Simply Free Checking! Before long, you’ll wonder why you ever settled for anything less.

If you’re looking for a little more from your checking account, we offer multiple other accounts such as Regular Checking and Money Market Checking. No matter your choice, all Mid-Minnesota accounts come with amazing benefits that we know you will love.

Join today and find out what everyone else is amazed about. We’re with you all the way!

Monday, June 13, 2016

Toys For All Ages: Recreational Loans from Mid-Minnesota Federal Credit Union

Who ever said toys were just for kids? Toys are for all ages. They come in all different sizes - from miniature models you can construct to life-size! 

No matter which summer toy you are looking for - whether it’s a boat to enjoy one of Minnesota’s 10,000 lakes, the motorcycle you’ve always dreamed of, or that brand new RV for family camping trips - Mid-Minnesota’s recreational loans, will most likely fit any of your needs! We can finance your new or used toy - typically at the area’s best rates, and often right at the dealership with On-The-Spot financing!

If you’d like more information, feel free to contact a Member Service Specialist about your recreational loan at Mid-Minnesota Federal Credit Union or apply online today!

Thursday, May 5, 2016

“60 Days of Giving” with Mid-Minnesota Federal Credit Union

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“The more that you read, the more things you will know. The more you learn, the more place you’ll go.”   —Dr. Seuss.

A childhood rich in books can lead to an adolescence rich in curiosity and creativity. As part of our 60th Anniversary, Mid-Minnesota Federal Credit Union (MMFCU) is celebrating by launching a book drive entitled, “60 Days of Giving.” The aim of the book drive is to encourage childhood literacy and give back to a community full of eager and bright young minds. Each MMFCU branch is hoping to increase the number of available book in their community. You can learn more about the benefits of donating books through charities like Love to Know and The Nest.

Donations at participating MMFCU branch locations will be accepted between May 1st and June 30th.

Designated drop off areas are available in all branch locations. Members are welcome to drop off new and gently-used children’s books. After the drive, donated books will be distributed to local community schools and daycares.

As an additional treat, MMFCU is incorporating themes of savings and smart spending habits while promoting early childhood literacy. MMFCU staff volunteers will be reaching out to schools and daycares to help educate children about savings!

Our staff volunteers will lead story time, donate books, and guide a savings project. Each student will receive a savings bank and will be encouraged to draw a special item for which they are saving on the bank. This will help children visualize their goals as they save up for them.

Some additional details to take note of:
● MMFCU will be sponsoring the Imagination library, a free program promoting early childhood literacy with monthly free books sent via mail to program members. All Mid-Minnesota Federal Credit Union branches will have Imagination Library sign-ups forms available.

● MMFCU will be accepting monetary donations and matching up to $2,000 in donations. Donations stay local - proceeds will go towards the United Way’s Imaginations library program, and the Great River Regional Library’s WishList in Staples.

Help encourage childhood literacy in the community by participating in the “60 Days of Giving” book drive. Donate some of your books so that a child in your community can gain a new adventure!

Friday, April 15, 2016

Smart Investments for Your Graduation Money

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Graduation is just around the corner and whether you are graduating from high school or college, a celebration is no doubt on the horizon. Graduation parties are a chance to celebrate with friends and family, and sometimes it can mean gifts — including money. Many recent grads come into a small fortune directly after graduation. The extra funds can be exciting, but it’s important to be smart with your money.

Many high school graduates haven’t made a solid attempt at saving — this is a good time to start! This money can help you with your college books, a laptop, or an array of other college expenses. College graduates should start a nest egg. Experts recommend that you save at least three months of living expenses. That’s rent, bills, groceries — anything to maintain your current standard of living. Not many recent college grads have that kind of cash saved up — get started!

Open a Savings Account

The first step in saving money is opening a savings account. If you already have an account with us at MMFCU, you can easily do that online. There are a variety of options to choose from, including our WINcentive program. Have this account specifically set up for college expenses and/or an emergency fund.

Start a Roth IRA

If you already have a good start on a savings account, you can either add to it or you can invest! Open an IRA. To get an idea of the benefits, if you are 22-years-old and you open a Roth IRA with $100 at 8% a year, by the time you are 66, it will have grown to about $3000! That comes from starting with $100 — the more you invest, the more it grows! Visit our Retirement Central Site, or read more about it and the tax benefits it comes with here.

Overall, smart saving and spending are what will get you through your first years as an adult, so be disciplined in your finances. For more information on smart savings for young investors, check out’s article Five tips for young investors.

If you need any help setting up for your future, contact us with any questions. Congratulations again on graduating, it’s a big accomplishment. We wish you the best of luck!