Apr 19, 2017 - are used to their best advantage given your current financial .... Visit our Home Loan Service Center 24-
People Helping People Food Drive
April 1st – April 30th
Warmest Greetings My warmest greetings as the temperatures start to slowly rise and the very first signs of spring start to surround us. It’s a wonderful time of year. And, as we begin to think of warmer days and well-being, our thoughts also go out to those less fortunate. At the core of Mid-Minnesota Federal Credit Union is a value of serving others. “People Helping People” hangs proudly in our lobbies and on the hearts of all who work here. It’s not just a motto. It’s a feeling. A belief.
PRESIDENT’S MESSAGE
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From April 1-30, each of our credit union locations will collect non-perishable food items.
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– Chuck Albrecht, President / CEO
This month MMFCU will do its part to give back to the communities it serves by launching the first of two large fundraisers for 2017; a Spring Food Drive. The crisis of food insecurity right here in our backyard is resounding and tugs at the hearts and minds of everyone at MMFCU. According to the Feeding America organization, in 2015 throughout the United States: • 43.1 million people (13.5%) were in poverty. • 24.4 million (12.4%) of people ages 18-64 were in poverty. • 14.5 million (19.7%) children under the age of 18 were in poverty. • 4.2 million (8.8%) seniors 65 and older were in poverty. These numbers hit closer to home than you may think; according to the 2014 American Community Survey the following counties in Central Minnesota all have people in poverty and in need of food:
How to Work with a Financial Advisor
Aitkin County.......................................................................... 11.9% Becker County....................................................................... 13.5% Cass County............................................................................... 17.0% Crow Wing County.......................................................... 11.8% Douglas County................................................................... 10.0% Morrison County................................................................ 12.1% Norman County................................................................... 13.0% Todd County............................................................................. 16.1% Wadena County................................................................... 17.2% While we would like to think we live in an area of plenty; deep down, we know that’s certainly not the case. In an effort to live up to our motto, MMFCU is proud, once again, to support a Spring Food Drive and do our part to help fill the pantries and bellies of so many in need. From April 1-30, each of our credit union locations will collect non-perishable food items. We will also accept, and wholeheartedly welcome, cash donations. For each dollar donated, MMFCU will provide a match to benefit each of our respective branch location’s food shelves up to $2,000. Taking it one step further, MMFCU staff will volunteer their time throughout the spring season to various organizations in our communities to assist in physically providing food to those in need. These organizations include, but are not limited to, Operation Sandwich (Brainerd/Baxter); Kids Against Hunger (Nisswa); Little Falls Flyer Pride Packets in the Little Falls Public Schools; Bowls for Bellies (Aitkin) and various food shelf locations in Alexandria, Detroit Lakes and Staples.
No matter what your level of investment experience or sophistication, you may benefit from developing a relationship with a financial advisor. Why? Because a qualified financial advisor is trained to analyze your personal financial situation and prepare a program designed to help you address your financial goals and objectives. Most people can benefit from professional guidance when they venture into the complex and confusing world of managing their financial affairs. A financial advisor will be able to assess your risk tolerance, analyze your resources and current asset allocation, take into account your tax liability, and make investment recommendations in the form of a written financial plan that will help you pursue your goals. The plan may help ensure that your current and future assets are used to their best advantage given your current financial situation and your financial goals.
Wendy Oksness :: LPL Financial Advisor
A flurry of new investment products, the emergence of global investing, the shift from companyfunded pension plans to employee-driven retirement plans (like 401(k) plans), and uncertainty about Social Security have all contributed to the increased need for qualified financial advice. The investment products sold through LPL Financial are not insured Mid-Minnesota Federal Credit Union deposits and are not NCUA insured. These products are not obligations of the Mid-Minnesota Federal Credit Union and are not endorsed, recommended or guaranteed by Mid-Minnesota Federal Credit Union or any government agency. The value of the investment may fluctuate, the return on the investment is not guaranteed, and loss of principal is possible. Not NCUA Insured
No Credit Union Guarantee
May Lose Value
Stop in to visit with Wendy Oksness, LPL Financial Advisor at Mid-Minnesota Federal Credit Union Investment and Retirement Services. Wendy is located in MMFCU’s Alexandria office, but is available for appointments at all branch locations! Wendy’s experience in investment and retirement services can help individuals identify strategies to help them pursue their financial goals with confidence. CO-OP SHARED BRANCHING
Shared Branching
So I ask you, as we look ahead to new growth, fresh air and sunnier days – count your blessings and consider blessing others in some way. Let’s come together and make a difference for those who need us most.
Mid-Minnesota’s participation in the CO-OP Shared Branch network means added convenience for members! Visit any of the more than 5,460 locations where you see the CO-OP Shared Branch logo, and conduct transactions just like you were at your home branch. • Get person-to-person assistance with your accounts, even when you’re far from home • Make deposits, transfers, account inquiries and much more • Take advantage of over 5,460 convenient locations and more than 2,000 self-service locations covering all 50 states
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January 2017 comparison based on claims located at fdic.gov.
2,686
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3,222
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4,935
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You can visit any of the more than 5,460 locations where you see the CO-OP Shared Branch logo.
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• Simply have your credit union name, account number, and a government ID and you’ll have access to your accounts
Home Sweet Home Your home is a place where memories are made. No doubt those memories should be happy ones. As your credit union, we know looking out for your financial well-being means knowing your financial lifestyle and helping you find the right Home Loan services to succeed in that lifestyle. As a traditional lender, our Home Loan options are simple and straightforward with no surprises. And, because our goal as a not-for-profit financial cooperative is to see our members succeed, we will always take the time to help homeowners understand their options in order to make smart decisions for their family today and in the future. Below are some of MMFCU’s Home Loan options: HOME PURCHASE & REFINANCE LOANS
CABINS & LAND • Seasonal Cabins • Hunting Land, Bare Land, & Lot Loans • Loans available outside Conventional Guidelines
CONSTRUCTION LOANS • Single Closing Costs • 30 Year Fixed Rate HOME EQUITY LOAN OPTIONS • Lines of credit • Interest only (HELOC Advantage) • Traditional & More
HOME IMPROVEMENT LOANS (100% & 133% LTV) Not finding your dream home? Remodel with this loan to create the home of your dreams!
WE HAVE WHAT YOU NEED - JUST ASK! • Traditional Mortgages • Jumbo Loans • Rural Development Loans • And More All with Local Servicing!
Stop by, give us a call or get started online. Visit our Home Loan Service Center 24-hours a day at mmfcu.org to learn more about home buying, our rates, the application process, and more.
Term Share Certificates 13-MONTH TERM
23-MONTH TERM
35-MONTH TERM
RATES UP TO
RATES UP TO
RATES UP TO
.85%
APY
$500 minimum
1.15%
1.25%
APY
$500 minimum
APY
$500 minimum
LIMITED TIME.
Mid-Minnesota Federal Credit Union
WELCOMES Tim Olson,
Home Loan Consultant Contact Tim for all your home loan needs! cell: (320) 766-2650 direct: (320) 460-7489 email:
[email protected]
Federally Insured by NCUA. $500 minimum deposit. Rate varies on new money deposit amount and/or MMFCU relationship. Certain restrictions apply. Rate advertised as of 4/1/2017. A penalty may be imposed for early withdrawal. APY=Annual Percentage Yield.
NMLS # 422589
MID-MINNESOTA FEDERAL CREDIT UNION
We’re With You All The Way. WWW.MMFCU.ORG SUPERVISORY COMMITTEE
PO Box 65, Brainerd, MN 56401
> LOCATIONS AITKIN
DETROIT LAKES Ph: (218) 844-5540
> ATM SERVICE – NO SURCHARGES!
LITTLE FALLS
ALEXANDRIA
Ph: (320) 632-6679
BAXTER
Ph: (218) 568-8450
BRAINERD
Ph: (218) 894-2463
CROSBY
Ph: (218) 584-5499
Aitkin Office: 961 2nd St. N.W. Alexandria Office: 405 50th Ave. W. Baxter Drive-Through – 8500 Fairview Rd. S. of Westgate Mall along Hwy 210 Baxter Office: 13283 Isle Dr. Brainerd Office: 200 S. 6th St. Brainerd SAVE: Hwy 371 S. Central Lakes College: 501 W. College Dr., Brainerd
Ph: (218) 928-8001 Ph: (320) 762-2686 Ph: (218) 829-0371 Ph: (218) 829-0371 Ph: (218) 546-5428
Equal Housing Lender. Federally Insured by NCUA.
PEQUOT LAKES STAPLES
TWIN VALLEY
Crosby Office: 117 W. Main St. Detroit Lakes: 1135 Washington Ave., #103 Essentia Health - St. Joseph’s Medical Center: 523 N. 3rd St., Brainerd Little Falls Office: 307 1st St. SE Pequot Lakes Office: 30483 State Hwy. 371 Staples Office: 1220 N. 4th St. Twin Valley: 122 Main Ave. W.
