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Mid Minnesota officers a wide range of Insurance to protect you and your family.
Property and Casual Insurance Services
MMFCU offers members and non-members Property and Casual services including auto, home, and life insurance. Stop by or call The Insurance Office located in our Brainerd branch location.
Credit Life Insurance
In the event of your death, credit life insurance pays the balance of your auto loan - either the balance remaining or the policy maximum, whichever is less. Frequently asked Questions.
Credit Disability Insurance
If you are to become disabled by a covered sickness or accident which persists beyond the policy waiting period, credit disability insurance makes your auto loan payments for you, up to the policy maximum. Frequently asked Questions.
Guaranteed Asset Protection (GAP) Coverage
Protect your financial well being. Guaranteed Asset Protection (GAP) pays the difference between your vehicle insurance company’s settlement and the remaining loan amount (directly related to the vehicle purchase), up to the maximums allowed by the credit union and/or state, in the event your vehicle is stolen or damaged beyond repair.Find out more.
Federally Insured by NCUA
The National Credit Union Administration (NCUA) is an independent agency of the United States Government. NCUA regulates, charters, and insures the nation's federal credit unions. MMFCU member funds are insured up to $100,000.
Excess Share Insurance
ESI provides $250,000 in coverage on top of the federal governments (NCUA) $100,000. Because Individual Retirement Accounts (IRAs) are insured separately, they are protected up to $350,000, as well. So, by maintaining your non-retirement savings and your IRA (retirement account) at MMFCU, you may now have a combined savings insurance of $700,000. ESI is a wholly owned subsidiary of American Share Insurance (ASI), the nations largest private deposit insurer, and insures only credit unions meeting its high standards.
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