Overview / Commentary
Dawson Co-Op Credit Union is headquartered in Dawson and is the 22nd largest credit union in the state of Minnesota. It is also the 1,035th largest credit union in the nation. It was established in 1961 and as of June of 2022, it had grown to 25 employees and 8,800 members at 4 locations. Dawson Co-Op Credit Union has an A+ health rating.
Field of Membership Restrictions
Dawson CO_OP Credit Union is open to anyone who lives, worships, goes to school or conducts business in Chippewa, Big Stone, Renville, Lac Qui Parle, Swift, or Yellow Medicine counties. Family of current credit union members are also eligible.
See current membership details
Health
A+
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 61624 |
| Year Chartered | 1961 |
| Employees | 25 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.06% |
| Return on Equity - YTD | 6.99% |
| Annual Interest Income | $3.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $281.6MM$237.5MM |
| Loans | Q2 2022vs Q2 2021 | $134.9MM$130.8MM |
| Deposits | Q2 2022vs Q2 2021 | $239.2MM$199.8MM |
| Equity Capital | Q2 2022vs Q2 2021 | $42.2MM$37.7MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $3.1MM$3.0MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $1.6MM$1.7MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |