Mid-Minnesota Federal Credit Union


Overview / Commentary
218-829-0371
13283 Isle Dr
Baxter, MN 56425

Mid-Minnesota Federal Credit Union is headquartered in Baxter and is the 12th largest credit union in the state of Minnesota. It is also the 569th largest credit union in the nation. It was established in 1970 and as of September of 2023, it had grown to 173 employees and 60,712 members at 12 locations. Mid-Minnesota Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Mid-Minnesota Federal Credit Union offers membership to those who live, work, worship, or attend school in the Minnesota counties of Becker, Cass, Crow Wing, Douglas, Morrison, Norman, Otter, Todd, and Wadena, and 18 townships in Aitkin County.
See current membership details

Reviews (3)

Small town banking done right

Working with Mid Minnesota is a great experience. I have been a customer since I was 5 years old and while they've updated their system with new technology, nothing has really changed. They always have the best customer service and the most competitive rates and fees in the area. When mobile apps came into design, they came out with their own and it's so convenient to use. Unless I move away from the area I will never change banks.

Best credit union around

This credit union has the best rates in the area. Excellent customer service. Mobile app is very easy to use. Have been banking here for years and will continue to use their services as long as I live in the area.

Don't Do It...

Posted by: |

Was member for 12 years and had debit card hacked into and they canceled me...no warning or reason...one was from gas pump another on computer..



Health
B+

Health Grade Components

Overall
NCUA #20194
Year Chartered1970
Employees173
Primary Regulator
Profit Margin
Return on Assets - YTD0.45%
Return on Equity - YTD5.21%
Annual Interest Income$21.4MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$722MM$660.6MM
LoansQ3 2023vs Q3 2022$590.1MM$520.5MM
DepositsQ3 2023vs Q3 2022$650MM$594.4MM
Equity CapitalQ3 2023vs Q3 2022$61.3MM$58.3MM
Loan Loss AllowanceQ3 2023vs Q3 2022$3.1MM$2.2MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$4MM$2.9MM
Real Estate OwnedQ3 2023vs Q3 2022$0$0
Rates

Rates for Mid-Minnesota Federal Credit Union are currently being reviewed.

Locations

Availability



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