Co-Op Credit Union (MN)
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.35% | 1-year CD | |
| 0.75% | Savings | 2.20% - Barclays Online Savings Account |
| 2.35% | 4-year CD | 2.80% - Discover Bank 4 Year CD |
Co-Op Credit Union (MN) is headquartered in Montevideo and is the 20th largest credit union in the state of Minnesota. It is also the 1,065th largest credit union in the nation. It was established in 1940 and as of December of 2018, it had grown to 39 employees and 14,044 members at 4 locations. Co-Op Credit Union (MN)'s money market rates are 3X the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
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.
See current membership details
Great local credit union
My experience with my local credit union is great. They are always very friendly and willing to help when they can. Just recently I needed some documents notarized. We live in a small rural community and there isn't any place that does it, or at least that's what I thought. I called my credit union to see if they knew where I could go. They advised me they can do it right there and since I was a member it was free of charge. Normally it is $25 a page and I had three pages! My wife also needed to get added to my account after we got married and they helped walk her through everything she needed to do including starting with getting a new SS card and drivers license and what documents she needed.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62419 |
| Year Chartered | 1940 |
| Employees | 39 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.7% |
| Return on Equity - YTD | 10.76% |
| Annual Interest Income | $8.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $196.8MM$183.0MM |
| Loans | Q4 2018vs Q4 2017 | $151.5MM$141.1MM |
| Deposits | Q4 2018vs Q4 2017 | $158.3MM$147.9MM |
| Equity Capital | Q4 2018vs Q4 2017 | $30.4MM$27.1MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $2.8MM$2.6MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $942.00K$339.00K |
| Real Estate Owned | Q4 2018vs Q4 2017 | $3.00K$10.00K |
Always verify rates and promotions with the bank or credit union. We are not Co-Op Credit Union (MN); we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Co-Op Credit Union (MN) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.50% | - | - | IRA Deposit Account | ||
| 1.15%* | $10k* | - | Health Savings Account (HSA) | ||
| OTHER TIERS: 0.55% → $10 - $2.5k | 0.90% → $2.5k - $10k | |||||
| 0.75% | - | - | Share Savings | ||
| 0.75% | - | - | Holiday Club | ||
| 0.75% | - | - | Vacation Club | ||
| 0.75% | $25 | - | WINcentive Savings | ||
Co-Op Credit Union (MN) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 1.25%* | $50k* | - | Members Money Savings Account | ||
| OTHER TIERS: 0.65% → $100 - $25k | 0.90% → $25k - $50k | |||||
Co-Op Credit Union (MN) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | - | - | Premier Checking | |
| 0.15% | - | - | Member Advantage Checking |
Co-Op Credit Union (MN) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.35% | $1k | - | 48 Month CD | |
| 2.15% | $1k | - | 36 Month CD | |
| 1.90% | $1k | - | 24 Month CD | |
| 1.50% | $1k | - | 18 Month CD | |
| 1.35% | $1k | - | 12 Month CD | |
| 0.80% | $1k | - | 6 Month CD |
Co-Op Credit Union (MN) IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.35% | $1k | - | 48 Month IRA CD | |
| 2.15% | $1k | - | 36 Month IRA CD | |
| 1.90% | $1k | - | 24 Month IRA CD | |
| 1.50% | $1k | - | 18 Month IRA CD | |
| 1.35% | $1k | - | 12 Month IRA CD | |
| 0.80% | $1k | - | 6 Month IRA CD |
| Co-Op Credit Union (MN) Locations | ||
|---|---|---|
| Branch Office | 1003 Saint Olaf Ave N | Canby, MN 56220-1133 |
| Branch Office | 1501 Minnesota Ave | Benson, MN 56215 |
| Branch Office | 2201 1st St S Ste 101 | Willmar, MN 56201-4263 |
| Branch Office | 2407 E Highway 7 | Montevideo, MN 56265-3151 |