MEMBERSHIP

Minnesota Power Employees Credit Union is a member-owned, not-for-profit financial institution whose primary mission is serving our members.

MPECU got its start in 1933. During its first 61 years, it served solely the employees and family members of Minnesota Power. Now MPECU’s 6600+ members are from its field of membership which include employees and families of ALLETE INC., Qwest, Qwest DEX, AT&T, LHB , Cirrus Design, Stewart-Taylor Printing, and Sansio, Duluth News Tribune, Enbridge Energy, Enventis Telecom, CW Technology, maurices, and COMO Oil & Propane. MPECU currently has 25 employees that manage $76 million+ in assets. It is a state-chartered credit union governed by the Minnesota Department of Commerce and is active in the Arrowhead Chapter of Credit Unions and the Minnesota Credit Union Network.

MPECU offers a full range of products and services to its members. It is a member of the CU Shared Service Center, providing access nationwide. The mission statement of MPECU reads:

Member owned and member driven, the purpose of the Minnesota Power Employees Credit Union is to provide members convenient, efficient, high quality financial service while maintaining competitive, fair rates and fiscal soundness.

Who Can Join
Minnesota Power Employees Credit Unions?

• Full-time or Part-time
• Your Relatives
• Their Spouse
• Contract, Interns and Temporary
• Your Spouse
• Their Relatives
• Their Spouses