Mid Atlantic Federal Credit Union is a non-profit financial institution that provides various financial services to its members. It was founded in 1962 and has its headquarters in Germantown, Maryland. The credit union serves the employees of various organizations, including the Montgomery County government, Adventist HealthCare, Holy Cross Health, and many others. In this guide, we will delve into the various services offered by Mid Atlantic Federal Credit Union, how it works, and its benefits.
Table of Contents
Services Offered
Mid Atlantic Federal Credit Union offers a wide range of financial services to its members. These services include checking and savings accounts, loans, credit cards, online banking, and mobile banking.
Checking and Savings Accounts
Mid Atlantic Federal Credit Union offers different types of checking and savings accounts to its members. These accounts include free checking, premium checking, youth checking, and holiday club savings. The credit union also offers a high yield savings account, which provides a higher interest rate compared to traditional savings accounts.
Loans
Mid Atlantic Federal Credit Union offers various types of loans, including personal loans, auto loans, home equity loans, and mortgage loans. Members can apply for loans online, and the credit union offers competitive interest rates and flexible repayment terms.
Credit Cards
Mid Atlantic Federal Credit Union offers two types of credit cards: Visa Platinum and Visa Classic. Both credit cards come with low interest rates, cashback rewards, and fraud protection.
Online and Mobile Banking
Mid Atlantic Federal Credit Union offers online and mobile banking services to its members. These services allow members to check their account balances, transfer money, pay bills, and manage their accounts from anywhere.
How It Works
Becoming a member of Mid Atlantic Federal Credit Union is easy. To become a member, you must work for one of the eligible companies or organizations, live, work, worship, or attend school in Montgomery County, Maryland or Washington, D.C., or be related to an existing member. Once you become a member, you can open a savings account with a minimum deposit of $5.
Membership Benefits
As a member of Mid Atlantic Federal Credit Union, you can enjoy various benefits, including lower interest rates on loans, higher interest rates on savings accounts, low fees, and access to free financial education resources.
Customer Service
Mid Atlantic Federal Credit Union is committed to providing excellent customer service to its members. The credit union has a team of dedicated customer service representatives who are available to answer any questions or concerns that members may have.
FAQs
What are the eligibility requirements for becoming a member of Mid Atlantic Federal Credit Union?
To become a member of Mid Atlantic Federal Credit Union, you must work for one of the eligible companies or organizations, live, work, worship, or attend school in Montgomery County, Maryland or Washington, D.C., or be related to an existing member.
How can I apply for a loan with Mid Atlantic Federal Credit Union?
Members can apply for loans online through the credit union’s website. Members can also visit one of the credit union’s branches to apply for a loan.
Does Mid Atlantic Federal Credit Union offer online banking services?
Yes, Mid Atlantic Federal Credit Union offers online banking services to its members. Members can access their accounts, transfer money, pay bills, and manage their accounts from anywhere.
Customer Reviews
The response of people who know Mid Atlantic Federal Credit Union has been overwhelmingly positive. Many members appreciate the credit union’s low fees, competitive interest rates, and excellent customer service. Members have also praised the credit union’s online and mobile banking services, which make managing their finances easier and more convenient.
Nutrition Facts
Here is a summary of the key features of Mid Atlantic Federal Credit Union:
- Founded in 1962
- Headquartered in Germantown, Maryland
- Serves the employees of various organizations, including the Montgomery County government, Adventist HealthCare, Holy Cross Health, and many others
- Offers a wide range of financial services, including checking and savings accounts, loans, credit cards, online banking, and mobile banking
- Provides excellent customer service
- Committed to providing free financial education resources to its members
In conclusion, Mid Atlantic Federal Credit Union is a non-profit financial institution that offers a wide range of financial services to its members. The credit union is committed to providing excellent customer service and free financial education resources to its members. If you are looking for a financial institution that puts its members first, consider joining Mid Atlantic Federal Credit Union.
