Federated Employees Credit Union of Owatonna, MN has 4,859 members and assets of $42 million. The credit union, opened in 1934, has 4 full time employees and 4 part time employees , or 810 members per employee, compared to a national average of 430.

Federated Employees CU

Federated Employees Credit Union, Owatonna


Federated Employees Credit Union
1929 S Cedar Ave
Owatonna, MN 55060

Federated Employees Credit Union (FECU) of Owatonna, Minnesota has been in operation for more than 80 years. It is considered a state-chartered natural person credit union.

Checking services include no cost share drafts, share certificates with low minimum balance requirements, bill pay services and overdraft lines of credit. Debit cards and prepaid debit cards are available.

For members needing to establish credit, the credit union offers share-secured credit cards.

Besides auto loans and other kinds of loans, FECU can do real estate loans. Convenience services include low-cost wire transfers. Federated Employees CU members may also benefit from student scholarships and income tax preparation assistance.

People having other financial, savings, and investment needs will want to consider certificates of deposits that are offered.

Available electronic access to FECU includes Internet account access. Any time, anywhere, you can apply for membership, look at your balance, order share drafts, make loan payments, check previous transactions, transfer money, automate your bill payments, download your account history and view electronic statements.


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