About

Serving employees and retirees of Maumee City Schools

About Us Our name says it all. Maumee Educators Federal Credit Union exists to serve employees and retirees of the Maumee City Board of Education with loans, savings and related financial services. Families of employees and retirees are also eligible to join the credit union. A group of educators founded the credit union in 1963 to serve their co-workers with savings and loans at fair rates. Today, we continue with this same purpose. How to join To become a member, you just need to meet the above eligibility requirements and open a savings account with a minimum deposit of $5.00 at our office. Per federal guidelines, a valid driver's license, a state issued I.D. card or a military I.D. card is required at when you open your account. Governance The credit union is governed by a Board of Directors, elected by the membership. Board Members President - Jennifer Ripmaster Vice President - Nancy Schneider Treasurer/Manager - Larry Lines Secretary - Marcia Wolford Board Member - Raymond Hafemann Board Member - Karen Dameron Board Member - Brian Gugger Credit Committee Committee Member - Michael Dick, Cm Committee Member - John Kolbow Committee Member - Brad Ballard Supervisory Audit Committee Committee Member - Larry Hatcher, Chm Committee Member - William Wolford Committee Member - Leanne Stevens Other Officers Assistant Treasurer - Matthew Smaltz Associate Treasurer - Jerry McDaniel What is a credit union? Maumee Educators is a credit union. Credit unions are not-for-profit financial organizations that exist to serve their members rather than to maximize profits for shareholders. Because our members ARE our shareholders. Like banks, credit unions accept deposits and make loans. But unlike banks, credit unions are owned by their members and return surplus income to their members in the form of dividends. Credit unions typically offer lower rates on loans and higher returns on savings than for-profit banks. And because we literally exist to serve our members, we are recognized annually in national polls for providing better service than banks and other corporate providers. Deposits are insured up to $250,000 All deposits are insured up to $250,000 per account by the National Credit Union Administration (NCUA), an agency of the federal government. The National Credit Union Administration (NCUA) is the independent agency that administers the National Credit Union Share Insurance Fund (NCUSIF). Like the FDIC's Deposit Insurance Fund, the NCUSIF is a federal insurance fund backed by the full faith and credit of the United States government.

Accessibility:

Maumee Educators Federal Credit Union is committed to providing a website that is accessible to the widest possible audience in accordance with ADA standards and guidelines. We are actively working to increase accessibility and usability of our website to everyone. If you are using a screen reader or other auxiliary aid and are having problems using this website, please contact us at 419-720-3150. All products and services available on this website are available at the Maumee Educators Federal Credit Union office.