Crypto made simple.
Invest on Your Terms
We’ve teamed up with InvestiFi to bring the market to you. Securely buy, sell, and hold top cryptocurrencies with our new, easy-to-use Crypto Portal located in MMFCU's Online Banking and Mobile App.
What is cryptocurrency?
Cryptocurrency is a digital-only form of currency designed to be a secure and borderless alternative to traditional money. Unlike physical cash, it exists entirely online and is powered by a technology called "blockchain," which acts as a transparent, permanent record of every transaction. This decentralized system allows you to buy, sell, and transfer assets directly without relying on a central middleman, offering a modern way to manage digital assets.
How do I get started with crypto?
Activate
Accept the terms and conditions when you launch the portal.
Select
Choose from leading coins like Bitcoin (BTC) or Dogecoin (DOGE).
Invest
Select your preferred funding account, enter your amount, and begin building your digital portfolio.
Built to be secure and easy
At Mid Minnesota Federal Credit Union, our goal is to make managing cryptocurrency both simple and secure. To provide the highest level of protection and ensure full regulatory compliance, your digital assets are maintained within InvestiFi's secure ecosystem. Your crypto is kept safe within InvestiFi’s secure system, so you never have to worry about the risks of external transfers.
Things to Know Before You Start
Your Portfolio
Track your progress at a glance. Your Portfolio shows your total gains and losses, along with easy-to-read charts that summarize price trends over days, weeks, or months.
Cryptocurrency Value
Because cryptocurrency is decentralized and not managed by a central authority, its market value can shift rapidly. While this volatility offers opportunity, it also carries higher risk than traditional investments. We encourage members to monitor their portfolios regularly to stay informed of market changes
Tax Liability
Like any other investment, cryptocurrency is subject to taxes when you sell. To make tax season easier, you can access quarterly activity summaries and download your e-statements directly through the Investment Portal. Please consult a qualified tax professional regarding your specific situation.
Are there any costs or fees?
Enjoy the freedom to buy or sell whenever you want with no daily, weekly, or monthly volume caps. A fee based on your transaction size applies to each trade, that fee ranges between 1-2.99% per trade depending on the size of the transaction. The complete fee schedule below:
Minimum trade amount = $6.00
Maximum single transaction buy/sell order amount = $200,000.
There are currently no daily, weekly or monthly buy limits.
Fee Schedule
| Dollar Amount | Transaction Fee |
|---|---|
Minimum Transaction Fee | $0.99 |
$6.00 - $1,000 | 2.99% |
$1,000.01 - 5,000 | 1.75% |
$5,000.01 - $10,000 | 1.49% |
$10,000.01 - $200,000 | 1.00% |
Digital assets (cryptocurrencies) are made available and held in a digital wallet maintained by SAFE Trust Company, a Wyoming trust company, not the credit union or InvestiFi or its affiliates. SAFE is a separate entity from, and not an affiliate of Mid Minnesota Federal Credit Union or InvestiFi. Digital assets are (1) not federally or privately insured; (2) not obligations of Mid Minnesota Federal Credit Union; (3) not guaranteed by Mid Minnesota Federal Credit Union; (4) heavily speculative and volatile; (5) may have associated fees; (6) may not allow member recourse; and (7) offered by a third party. Mid Minnesota Federal Credit Union may receive compensation from your purchase of digital assets. Digital assets (i.e. cryptocurrencies) held in your digital asset account with SAFE (i.e. Crypto account) are not insured by any government or private entities, including, but not limited to, NCUA or ASI/ESI. Your digital investing account does not support wallet-to-wallet transferring of your digital assets (i.e. Cryptocurrencies). You should carefully consider whether buying or holding digital assets is suitable for you in light of your financial situation. Digital assets are not obligations of Mid Minnesota Federal Credit Union and are not guaranteed by Mid Minnesota Federal Credit Union.
Pursue Your Goals with Self-Guided Precision
Move from banking to building a portfolio in seconds using your existing checking balance to buy securities and ETFs. Our digital investing portal is designed for every experience level, offering professional-grade tools, educational resources, and a Guided Investing option to help you align your trades with your personal goals. From your first $1 investment to your long-term nest egg, take total control of your wealth.
Frequently asked questions
We're here to help, wherever you are on your financial journey.
- What is digital investing?
Digital investing means having the power to shape your financial future right at your fingertips. Because the InvestiFi digital investing platform is available within your Online Banking experience, it’s never been more accessible to secure your place in the markets. Whether you’re using a desktop, laptop, or mobile device, the user-friendly tools for trading the coins or securities of your choice are waiting for you.
- Can anyone invest? No. Only account holders over the age of 18 and in good standing with the financial institution can buy, sell, or hold assets. Commercial accounts are not supported. Account holders residing in TX, ID, or NY are unable to trade.
- Who is InvestiFi InvestiFi is a fintech company based in Delaware that was founded in 2020 with a goal of democratizing investing by enabling direct investing from an existing account. InvestiFi's investment advisory services are provided through AdvisiFi, LLC, a registered investment adviser wholly owned by InvestiFi. Brokerage services are provided by InvestiFi Securities LLC, a registered broker-dealer.
- Does InvestiFi replace Mid Minnesota Investment and Retirement Services?
No. The new investing portal is included as a benefit of membership for access to self-guided personal, online investments for MMFCU members. For the rest of your investing needs, please continue to work with our Mid Minnesota Investment and Retirement Services financial advisors.
- What is the relationship between Mid Minnesota Federal Credit Union and InvestFi? Mid Minnesota Federal Credit Union has partnered with InvestiFi to integrate its digital investing platform into our Online Banking experience. This allows you to access InvestiFi’s learning and investing tools directly from within your banking interface and to invest directly from your checking account without having to transfer money to a third-party app.
- What level of security does InvestiFi have?
InvestiFi Inc. has achieved SOC 2 Compliance, an enterprise-grade best practices standard for protecting customers’ data.
Measures taken to achieve this designation include:
- Network and application layer penetration tests performed by industry leading security firms
- Continuous security control monitoring using the highest possible standards
- Data encryption for in-transit--using TLS--and at rest
- Secure software development through a variety of manual and automatic data security and vulnerability
- Employee training for all staff on employing best practices when handling customer data
Need help or have questions?
Chat with one of our expert staff:
Investment advisory services provided by AdvisiFi, LLC (“AdvisiFi”), an investment adviser registered with the Securities and Exchange Commission (“SEC”). Registration does not imply a certain level of skill or training. AdvisiFi is a wholly-owned subsidiary of InvestiFi Inc (“InvestiFi”). Brokerage services are provided by InvestiFi Securities LLC (“InvestiFi Securities”) and RQD* Clearing LLC (“RQD”), SEC-registered broker-dealers and members of FINRA/SIPC. Brokerage services are available only to residents of the United States and in jurisdictions where InvestiFi Securities is registered. Brokerage and advisory accounts are not held with the financial institution and are held with AdvisiFi, InvestiFi Securities, and RQD, respectively. You may check the background of these firms by visiting FINRA's BrokerCheck. Cash and securities offered by InvestiFi Securities and held by RQD are (1) not insured by the FDIC, NCUA or other government agency, or by any private insurance offered in lieu of FDIC or NCUA coverage, (2) not guaranteed, (3) not financial institution deposits or obligations, and (4) may lose value.
Digital assets (cryptocurrencies) are made available and held in a digital wallet maintained by SAFE Trust Company, a Wyoming trust company, not the financial institution or InvestiFi or its affiliates. SAFE is a separate entity from, and not an affiliate of Mid Minnesota Federal Credit Union or InvestiFi. Digital assets are (1) not federally or privately insured; (2) not obligations of Mid Minnesota Federal Credit Union; (3) not guaranteed by Mid Minnesota Federal Credit Union; (4) heavily speculative and volatile; (5) may have associated fees; (6) may not allow account holder recourse; and (7) offered by a third party. Mid Minnesota Federal Credit Union may receive compensation from your purchase of digital assets. Digital assets (i.e. cryptocurrencies) held in your digital asset account with SAFE (i.e. Crypto account) are not insured by any government or private entities, including, but not limited to, NCUA or ASI/ESI. Your digital investing account does not support wallet-to-wallet transferring of your digital assets (i.e. Cryptocurrencies). You should carefully consider whether buying or holding digital assets is suitable for you in light of your financial situation. Digital assets are not obligations of Mid Minnesota Federal Credit Union and are not guaranteed by Mid Minnesota Federal Credit Union.