Federated Employees Credit Union

Overview / Commentary
1929 S Cedar Ave
Owatonna, MN 55060

Federated Employees Credit Union is headquartered in Owatonna and is the 55th largest credit union in the state of Minnesota. It is also the 2,448th largest credit union in the nation. It was established in 1934 and as of September of 2019, it had grown to 6 employees and 4,808 members at 2 locations. Federated Employees Credit Union's money market rates are 3X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Federated Employees Credit Union of Minnesota is open to the current and retired employees of the Federated Insurance Companies and their family members.
See current membership details


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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Federated Employees Credit Union has a low asset base.

Health Grade Components

NCUA #64703
Year Chartered1934
Primary Regulator
Profit Margin
Return on Assets - YTD0.37%
Return on Equity - YTD2.48%
Annual Interest Income$1.0MM
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$44.7MM$44.3MM
LoansQ3 2019vs Q3 2018$30.7MM$27.2MM
DepositsQ3 2019vs Q3 2018$37.8MM$37.5MM
Equity CapitalQ3 2019vs Q3 2018$6.8MM$6.7MM
Loan Loss AllowanceQ3 2019vs Q3 2018$100.00K$100.00K
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$0$8.00K
Real Estate OwnedQ3 2019vs Q3 2018$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Federated Employees Credit Union Savings Account Rates

0.85%$25-Primary Share Account
0.85%--Christmas Club Saving Account
0.85%--Vacation Club Account
0.85%--Special Club Saving Account

Federated Employees Credit Union Money Market Rates

1.26%*$75k*-Money Market Account
OTHER TIERS: 0.85% Up to $2.5k | 0.90% $2.5k - $10k | 0.95% $10k - $25k | 1.06% $25k - $50k | 1.16% $50k - $75k

Federated Employees Credit Union Checking Account Rates

0.30%--Checking Account

Federated Employees Credit Union CD Rates

2.57%$1k-60 Month CD
2.42%$1k-48 Month CD
2.02%$1k-36 Month CD
1.71%$1k-24 Month CD
1.51%$1k-12 Month CD
1.41%$100-9 Month Kids Club CD
1.31%$1k-6 Month CD

Federated Employees Credit Union Locations
Branch Office1929 S Cedar AveOwatonna, MN 55060-4301
Branch Office121 E Park SqOwatonna, MN 55060-3046

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