Intro – Miami Federal Credit Union Reviews & Ranking
AdvisoryHQ recently published its list and review of the top credit unions in Miami, Florida, a list that included Miami Federal Credit Union.
Below we have highlighted some of the many reasons Miami Federal Credit Union was selected as one of the best credit unions in Miami, Florida.
Click here for a detailed review of AdvisoryHQ’s selection methodology: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
Miami Federal Credit Union Review
Serving the Miami area since 1954, Miami Federal Credit Union prides itself on having a high rating with the NCUA. It is a financially-sound, not-for-profit, member-owned institution currently holding over $33 million in assets.
With just over 2,800 members, this credit union in Miami, Florida is able to give much focus and dedication to its members. Miami Federal Credit Union prides itself on providing its members with convenient service that goes beyond their expectations.
Image Source: Miami Federal Credit Union
Key Factors Leading Us to Rank This Firm as One of This Year’s Top Credit Union Firms
Upon completing our detailed review, Miami Federal Credit Union was included in AdvisoryHQ’s ranking of this year’s best credit unions based on the following factors.
Miami Federal Credit Union Review: Driving Sense
Driving Sense is Miami Federal Credit Union’s lower payment option for auto loans. Touted as a lease look-a-like program, Driving Sense allows qualifying members to finance a car with a lower payment, like a lease, but which gives them more options to choose from once the term of the loan is over.
Driving Sense is available on new and used vehicles up to five years old. With this lower payment program, members can have the benefit of:
- Monthly payments 30–40% lower than conventional financing
- No money down
- Flexible terms from 2–6 years
- Ownership of the vehicle
- Annual mileage options of 12,000, 15,000 or 18,000 miles
- Option to sell, trade, finance or turn in the car at the end of the loan term
This lower payment vehicle loan program is just one of the many things that makes Miami Federal Credit Union one of the best credit unions in Miami.
Miami Federal Credit Union Review: Share Draft Account
Miami Federal Credit Union believes that if its members are paying even a dollar a month for a checking account, then they are paying too much. In fact, this Miami credit union believes that a checking account should pay its members, not the other way around.
With a Share Draft Checking Account at Miami Federal Credit Union, members enjoy monthly dividends along with a host of other free benefits, such as:
- No monthly service fees
- No per-check charge
- No minimum balance
- Free Visa debit card
- Free paper or e-statements
- Free online banking
- Free mobile banking
- Free bill pay
- Free ATM use at Publix ATMs
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Miami Federal Credit Union Review: Extra Services
Miami Federal Credit Union offers many additional services outside of financial products to its members. These include:
- Discount auto buying service
- Discount auto rentals
- Discount movie tickets
- Free notary service
- Dental insurance
- GAP insurance
- Discount AAA membership
- Discount BJ’s Club membership
In addition to reviewing the above Miami Federal Credit Union review, you can click on any of the links below to browse exclusive reviews of AdvisoryHQ’s top rated banking firms & credit unions:
AdvisoryHQ (AHQ) Disclaimer:
Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.
Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. Click to view AdvisoryHQ's advertiser disclosures.