About Us
Enter to win a Nintendo Switch 2 when you open a new Checking Account or new Membership!*
Open a new membership or checking account with us between 10/13/25 and 12/12/25 and be entered to win! Your family members are also eligible when they join.
*New memberships and new personal checking accounts opened between 10/13/25 and 12/12/25, with at least one direct deposit of $500 by 12/30/25 are automatically entered into a drawing for a Nintendo Switch 2.
Mayo Employees Federal Credit Union was formed in 1933 by a group of Mayo Clinic business office employees. Their purpose was twofold: (1) to pool their money and loan it to other employees and, (2) to provide member service and education. We take pride in continuing that commitment today. Since its formation, Mayo Employees Federal Credit Union has grown to over 74,875 member-owners, with assets in excess of $1.42 billion.
Mayo Employees Federal Credit Union is dedicated to helping members achieve their financial goals. Since we are a member-owned, not-for-profit financial cooperative, earnings are distributed back to members in the form of higher dividends on savings, lower loan rates, expanding products and services and more.
Did You Know?
Credit union members share a common bond, and membership at MEFCU is available to more than just Mayo employees. In fact, many people can reap the benefits of what we have to offer.
Membership at MEFCU is available to:
- Employees of Mayo Clinic (and affiliated entities)
- Relatives of current MEFCU account holders
- Retirees of Mayo Clinic (and affiliated entities)
- Volunteers of all Mayo-affiliated entities
- Students of Mayo Clinic
Blood or adoptive relatives of all of the above are eligible for membership, regardless of their age, where they work, or live. That includes spouses, children, parents, siblings, grandparents, grandchildren, stepfamily members, household relationships, or family members in their care.
Do you know someone who could benefit from a membership with us? Encourage them to apply online or have them give us a call at (800) 535-2129 to become a member today!
Awards & Recognition
-
Thank you for voting us Best of the Best!
2025-09-27 | RecognitionFor the sixth year in a row, we've been named Best Credit Union in Rochester! And this year, MEFCU was voted Best of the Best in six categories!
-
2025 Best of Bauer Designation: 5-Star Rated
2025-03-25 | RecognitionBauerFinancial, Inc. designates Mayo Employees Federal Credit Union (MEFCU) with an excellent 5-Star rating!
-
Thank you for naming us Best Credit Union in 2024!
2024-09-09 | RecognitionFor the fifth year in a row, we’ve been named Best Credit Union in Rochester by the Rochester Post Bulletin in their annual Best of the Best Award awards.
-
Best of Bauer Designation: 5-Star Rating Continues
2024-01-03 | RecognitionBauerFinancial, Inc. designates Mayo Employees Federal Credit Union (MEFCU) with an excellent 5-Star rating!
-
Thank You for naming MEFCU "Best Credit Union" four years running!
2023-09-19 | RecognitionPost Bulletin names MEFCU "Best Credit Union" four years in a row!
-
MEFCU Named Best Credit Union in Rochester for 3rd Year in a Row!
2022-11-30 | RecognitionPost Bulletin names MEFCU “Best Credit Union” three years in a row!
-
Best of Bauer Designation: 30 Years & Counting
2022-03-29 | RecognitionBauerFinancial, Inc. designates Mayo Employees Federal Credit Union (MEFCU) with an excellent 5-Star rating!
-
MEFCU Named Rochester’s Best Credit Union & Best Wealth Management Company
2021-09-27 | RecognitionPost Bulletin names MEFCU “Best Credit Union” two years in a row!
-
Best of Bauer Designation: 29 Years & Counting!
2021-06-28 | RecognitionBauerFinancial, Inc. designates Mayo Employees Federal Credit Union (MEFCU) with an excellent 5-Star rating!
-
Mayo Employees Federal Credit Union (MEFCU) Ranked Fifth in the Nation for Financial Health
2020-12-08 | RecognitionDepositAccounts.com is recognizing us as one of the Top Five Healthiest Credit Unions in America.