MAFCU Benefits

Medical, Dental, Vision And Prescription Benefits

MAFCU offers a choice of an HMO or POS for medical insurance and prescription benefits, as well as dental and vision coverage. We offer a variety of benefit premium levels to best match our employee's personal needs.

Matching 401(k) Retirement Plan

MAFCU provides 401(k) retirement benefits to all permanent employees. The company matches 100% up to 2% of compensation.

Tuition Assistance Program

MAFCU will provide up to 100% tuition reimbursement for approved undergraduate and graduate level courses, provided that at least a grade of "C" is earned.

125 Cafeteria Plan

Full-time and part-time employees can participate in this tax savings benefit through payroll deduction. This plan helps to cover the cost of dependent care, insurance premiums, and medical expenses not covered by insurance with pre-tax dollars.

Paid Life Insurance

MAFCU provides Life insurance at no cost to full-time employees. This insurance provides a benefit of 2 times the employee's annual compensation to the designated beneficiary in the event of accidental death.

Paid Accidental Death and Dismemberment Insurance

MAFCU provides AD&D insurance at no cost to full-time employees. This insurance provides a benefit up to 2 times annual compensation to the covered employee or beneficiary in the event of accidental death or dismemberment.

Paid Travel Accident Insurance

MAFCU provides Travel Accident insurance at no cost to full-time and part-time employees. This insurance provides a benefit up to $25,000 and covers the employee 24 hours per day, 365 days a year.

Paid Disability Benefits

MAFCU provides short-term and long-term disability benefits at no cost to full-time employees. These plans provide  income to employees as they recover from a covered illness or injury.

Paid Time Off and Paid Holidays

MAFCU offers full-time employees in their first 3 years of employment 19 days of PTO per year. The number of PTO days increase with years of service. Part-time employees who work at least 30 hours per week are eligible for PTO as well and they earn PTO at half the rate of full-time employees. MAFCU observes 11 holidays per year. Full-time employees are paid for 8 hours and part-time employees are paid for 4 hours.

Bereavement Leave

MAFCU recognizes that employees may need time to grieve the loss of a family member or plan funeral arrangements. Full-time and part-time employees are eligible for up to 5 days of bereavement leave.

Wellness Benefit

MAFCU provides a wellness reimbursement of $300/year to full-time and $150/year to part-time employees for gym memberships and other wellness programs.

MAFCU Business Casual Days

Although MAFCU maintains a professional work environment, employees are permitted to wear a MAFCU logo shirt and casual slacks on Fridays and Saturdays.

MAFCU Services

Employees are eligible to take advantage of all of our products and services! Employees receive free services and discounts on certain loan products.