New mexico educators federal credit union
New Mexico Educators Federal Credit Union (NMEFCU) is a not-for-profit financial cooperative that serves the educational community in New Mexico. Here are some key facts about NMEFCU:
Membership: NMEFCU is open to anyone who works or has worked in the educational field, including teachers, administrators, staff, and students. Family members and household members are also eligible to join.
Services: NMEFCU offers a range of financial services, including:
- Checking and savings accounts
- Loans (auto, home, personal, and student)
- Credit cards
- Investment services
- Insurance products
- Online banking and mobile banking
Branches and ATMs: NMEFCU has 14 branches located throughout New Mexico, as well as access to over 30,000 surcharge-free ATMs nationwide through the CO-OP ATM network.
History: NMEFCU was founded in 1954 as the Albuquerque Teachers Federal Credit Union. Over the years, the credit union has grown and expanded to serve the educational community throughout New Mexico.
Community involvement: NMEFCU is committed to giving back to the community it serves. The credit union supports local schools and educational initiatives, and has a strong focus on financial literacy and education.
Awards and recognition: NMEFCU has received numerous awards and recognition for its financial performance, community involvement, and employee satisfaction. In 2020, the credit union was named one of the "Best Credit Unions to Work For" by Credit Union Journal.
Financial performance: NMEFCU is a financially strong credit union with over $1.3 billion in assets. The credit union has consistently received high ratings from independent rating agencies, including a 5-star rating from BauerFinancial and a "Superior" rating from the National Credit Union Administration (NCUA).
Overall, New Mexico Educators Federal Credit Union is a reputable and member-focused financial institution that offers a range of financial services and products to its members.