Member Services

Wire Transfers

To send an outgoing wire from MEFCU, please contact us for the appropriate wire transfer form.

• Incoming Wire Instructions
  

  Funds being wired from a financial institution outside the United States must first be sent to their state correspondent bank in the United States, then follow instructions below. 

  To wire funds from a financial institution within the United States, follow the instructions below.

  To: Alloya Corporate Federal Credit Union, 184 Shuman Boulevard, Suite 400, Naperville, IL 60563

  ABA Routing/Transit Number: 271987635

  Further Credit To: Mayo Employees Federal Credit Union, 130 23rd Avenue SW, Rochester, MN 55902

  MEFCU's Account Number: 291975478

  Final Credit To: Member Name & Member Number

  Indicate Account: Savings or Checking

Fees will apply for outgoing and incoming wire transfers.

Signature Guarantee

For your convenience, we provide signature guarantee services free of charge for our members in good standing. All branches have signature guarantee services, however the individuals authorized to perform this guarantee may not always be in the office. 

We recommend contacting our Call Center to ensure availability or to set up an appointment. 

• What to Bring
  
  1. All original unsigned documents. If full documentation is not available we cannot perform a Signature Guarantee.
  2. Method of determining value of the securities being transferred. MEFCU limits signature guarantee services to transfers valued at $400,000 or less. Any transfer over that amount cannot be guaranteed.
  3. Official Photo Identification (driver’s license, passport or other government issued Identification).

Savings Bonds

As of December 31 2011, all savings bond purchases must be made online. You may redeem existing series E, EE and I bonds at any MEFCU branch.

Savings bonds are backed by the full faith and credit of the United States Government and are an attractive investment due to their affordability and rates. Tax advantages may apply, including a special program when bonds are used for higher education. Consult your tax advisor for more information. 

Cashier's Checks

Each month, members receive four cashier's checks free of charge. Additional checks are available for a $3.00 fee. We will need to know who the check is payable to, and the amount requested.