MAYO EMPLOYEES Credit Union Profile

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MAYO EMPLOYEES

Charter #24748 | NCUA Region 3 | FCU

Low-Income Designation: No

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (507) 535-1460

Fax: (507) 293-8112

Founding Date: N/A

Website: https://www.mayocreditunion.org

Personnel & Operations

President: Steward, Patrick

Manager: Hansen, Mary

FT Employees: 120

PT Employees: 10

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 51

Branches: 9

Hours: 7:30 A.M. TO 5:30 P.M.- MONDAY, WED, THURS,

Credit Union Profile Summary

MAYO EMPLOYEES is a FCU Credit Union. With a total of 74,560 members ^[1], this institution manages approximately $1,424,918,053 in total assets ^[1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 13.9% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 0.83% ^[1].

Financial Snapshot

Total Assets ^[1]

$1,424,918,053

Total economic resources.

Total Loans ^[1]

$695,347,420

Total value of outstanding loans.

Total Deposits ^[1]

$1,232,619,328

Total funds deposited by members.

Members ^[1]

74,560

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

13.9%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

1.46%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

56.41%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 1.47%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↑ 0.83%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↑ 0.57%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

130 23RD AVE SW

ROCHESTER, MN, 55902

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 9 branches reported by MAYO EMPLOYEES (Charter #24748).

Main Office

Cascade Lake Office Main Office

Type: Corporate Office

Type: Branch Office

1216 2nd St SW

Rochester, MN 55902

Phone: (507) 255-7004

Services: Member Services, ATM

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