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Educational Federal Credit Union (EdFed) is set to open a new branch on the North Campus of Miami Dade College (MDC) on August 22. The location will mark the debut of EdFed’s collegiate branch model, designed specifically to support the financial empowerment of college students through the delivery of financial services and education, scholarship programs, and career development opportunities.
EdFed has served MDC since the College opened for classes in 1960. In recent years, the Credit Union has expanded its support to MDC with the installation of EdFed ATMs on all campuses, financial education workshops for students, and a monthly $1,500 College Dreams Scholarship that is exclusively awarded to MDC students to help further their academic and professional goals.
“We are incredibly proud of our partnership with Miami Dade College,” said Mike DiBenedetto, EdFed’s President and CEO. “The opening of our first collegiate branch at MDC North helps us further our mission of educating and empowering our members to achieve their financial dreams in a very meaningful way for the campus community”.
EdFed’s branch at MDC North will be the ninth location for the Miami-based credit union, following their expansion into Broward County with the opening of their Miramar Park Place branch in 2024. The Credit Union will hold a ribbon-cutting ceremony on August 22, with additional celebrations planned for the week of August 25 to welcome students back to the campus for the fall term.
“We are excited to welcome EdFed as the first financial institution to open a branch at the North Campus where it all started for Miami Dade College,” said Fermin Vazquez, President of MDC’s North Campus. “This expansion brings essential financial services directly to our students, faculty, and staff.”
For more information about EdFed’s services and scholarship opportunities, visit https://www.edfed.org
About EdFed
Established in 1935 by school employees in Miami, EdFed is a not-for-profit financial institution that serves more than 115,000 members with a full range of lending and deposit solutions. With over $1.7 billion in assets, EdFed is the largest credit union headquartered in Miami-Dade County and operates nine branch locations across South Florida. For more information on EdFed, please call (305) 270-5250.
