Co-Op Credit Union (MN) is headquartered in Montevideo and is the 15th largest credit union in the state of Minnesota. It is also the 881st largest credit union in the nation. It was established in 1940 and as of March of 2025, it had grown to 42 employees and 17,368 members at 4 locations. Co-Op Credit Union (MN) has an A health rating.
CO-OP Credit Union is open to those who live, work, attend school or worship in, and for businesses located in Chippewa, Kandiyohi, Lac qui Parle, Lincoln, Lyon, Renville, Swift, or Yellow Medicine Counties in Minnesota. Members, shareholders, or employees of Farmers Union Oil Company (Montevideo), Minnesota Valley Co-op Light & Power Association, or Farmers Co-op Oil Company (Clara City) also qualify for membership.
See current membership details
Overall | |
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NCUA # | 62419 |
Year Chartered | 1940 |
Employees | 42 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1.45% |
Return on Equity - YTD | 9.65% |
Annual Interest Income | $4.8MM |
Assets and Liabilities | ||
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Assets | Q1 2025vs Q1 2024 | $386.4MM$366.2MM |
Loans | Q1 2025vs Q1 2024 | $252.5MM$234MM |
Deposits | Q1 2025vs Q1 2024 | $325.7MM$310MM |
Equity Capital | Q1 2025vs Q1 2024 | $57.3MM$52.6MM |
Loan Loss Allowance | Q1 2025vs Q1 2024 | $5MM$4.6MM |
Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $5.2MM$3.8MM |
Real Estate Owned | Q1 2025vs Q1 2024 | $148K$50K |
Rates for Co-Op Credit Union (MN) are currently being reviewed.
Co-Op Credit Union (MN) Locations | ||
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Branch Office | 1003 Saint Olaf Ave N | Canby, MN 56220-1133 |
Branch Office | 1501 Minnesota Ave | Benson, MN 56215 |
Branch Office | 1801 5th St SE | Willmar, MN 56201 |
Branch Office | 2407 E Highway 7 | Montevideo, MN 56265-3151 |
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