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       Affordable health insurance made easy. Find plans that fit your budget. Designed for credit union members. Enroll now. Deadline February 15th.


Free Checking / Free Online Banking / Free Bill Pay

Free Mobi Banking / Online Loan Applications

We all lead busy lives and have hectic schedules. Sometimes there are simply not enough hours in a day! Sign up for the convenience, flexibility and security of 24-hour Online Banking.

  • Internet Banking
  • Mobi Money - Banking when you’re on the go with any smart phone.
  • Bill Pay - Receive and pay ebills, set up bills to pay automatically or manually or pay anyone with an email address.
  • eStatements provide additional  security by taking your personal financial information out of your postal mailbox.
  • Wire transfers
  • Apply for a new loan – available information is prefilled for you already


Whether you're making the biggest purchase of your life, or simply wanting to go on vacation, Groton MEFCU offers  Great rates, Quick service and the Convenience of an online loan application. Loans are available for most purposes.

  • Auto
  • Boat
  • Motorcycle
  • Recreational Vehicle
  • Personal
  • Vacation & Christmas Loans - up to $1,200.00 No Credit Check
  • No Fee Home Equity Loans - other restrictions may apply
  • Cash Reserve Account

We offer the following insurance products that can be financed with the loan

  • GAP
  • Credit Life
  • Credit Disability


Deposit Accounts

  • Regular Share (Savings)
  • Share Drafts (Checking)*
  • Share Certificates (Certificate of Deposit)
  • Club Accounts


Regular Share (Savings)
Your $25.00 member share is kept in your regular share account and is unavailable for use. Dividends are paid quarterly.

Note: Joint account ownership is allowed but you must be the primary account holder of a regular share account to be considered a credit union member. This entitles you to apply for loans and vote at the annual meeting.

Share Draft (Checking)

  • Free Debit MasterCard (debit/ATM card)

Club Accounts
A great way to save for holiday expenses, that dream vacation or those pesky taxes. Put a little away each week or sign up for payroll deductions.

  • No minimum balance required
  • No set deposit amounts

Share Certificates (CDs)
A minimum deposit of $500 is all that is required to earn guaranteed interest rates over a specific period of time, no matter what happens in the financial markets. Whether you’re looking for a guaranteed return over the next few months, or the next few years, GMEFCU is the place to invest.

Funds deposited in all Share, Checking, CDs, and Club accounts are insured by the National Credit Union Administration (NCUA) up to $250,000.

Insurance on Noninterest-Bearing Transaction Accounts ended
Section 343 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 provided temporary unlimited share/deposit insurance coverage on all noninterest-bearing transaction accounts in federally insured credit unions and banks. Generally, this refers to noninterest-bearing share draft/checking accounts with funds in excess of $250,000. These funds were insured in full  by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA’s general share insurance rules.
The term “noninterest-bearing transaction account” includes a traditional share draft account (or demand deposit account) on which the insured credit union pays no interest or dividend. It does not include any transaction account that may earn interest or dividends.  For more information about temporary NCUA insurance coverage of transaction accounts, visit


  • Cashier’s Checks
  • Direct Deposits
  • Payroll Deductions
  • Free Notary Public Service
  • Telephone Funds Transfer
  • Wire transfers
  • Fax Services