MAFCUMedical Area Federal Credit Union (Massachusetts)
MAFCUMidland Atlantic Federal Credit Union (Midland, TX, USA)
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"MAFCU works very hard to ensure that every member has the opportunity to achieve their financial goals," MAFCU President/CEO Andrew Russell said.
The $74 million MAFCU Federal Credit Union in Brookline, Mass., has partnered with Munroe Morrow for nearly three years.
MAFCU's partnership with Munroe Morrow has helped the credit union enhance the scope of services to its members, said Paula Kerwin assistant vice president of business development and marketing at MAFCU.
"Over the past few years, more than 100 employees of our affiliate groups have attended [their] financial education sessions, which are offered free to our affiliates as a benefit of MAFCU membership," Kerwin said.
Members of MAFCU are offered personalized financial planning, investment management and insurance planning through Munroe Morrow's team, which is made up of financial representatives with LPL Financial.
Amantia said, so far MAFCU is not competing head-to-head with any of its CU peers as most are not offering business services.
The CUSO and MAFCU have "rolling pipeline" of roughly $107 million in business loans with $65 million in combined participations with its credit union parent.