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 616th largest credit union in the nation. It was established in 1970 and as of March of 2022, it had grown to 161 employees and 52,913 members at 10 locations. Mid-Minnesota Federal Credit Union has an A health rating.
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, Todd, and Wadena, and 18 townships in Aitkin County.
See current membership details
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.
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.
Overall | |
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NCUA # | 20194 |
Year Chartered | 1970 |
Employees | 161 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.56% |
Return on Equity - YTD | 6.49% |
Annual Interest Income | $4.7MM |
Assets and Liabilities | ||
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Assets | Q1 2022vs Q1 2021 | $621.5MM$564.6MM |
Loans | Q1 2022vs Q1 2021 | $437.4MM$408.9MM |
Deposits | Q1 2022vs Q1 2021 | $561.2MM$510.5MM |
Equity Capital | Q1 2022vs Q1 2021 | $53.4MM$45.5MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $1.9MM$1.8MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $2.0MM$1.4MM |
Real Estate Owned | Q1 2022vs Q1 2021 | $0$144.00K |
Rates for Mid-Minnesota Federal Credit Union are currently being reviewed.
Ada Branches | ||
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Branch Office | 104 3rd Ave W | Ada, MN 56510 |
Aitkin Branches | ||
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Branch Office | 961 2nd St NW | Aitkin, MN 56431-1151 |
Alexandria Branches | ||
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Branch Office | 405 50th Ave W | Alexandria, MN 56308 |
Baxter Branches | ||
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Branch Office | 13283 Isle Dr | Baxter, MN 56425-8554 |
Brainerd Branches | ||
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Branch Office | 200 S 6th St | Brainerd, MN 56401-3536 |
Crosby Branches | ||
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Branch Office | 117 W Main St | Crosby, MN 56441-1423 |
Detroit Lakes Branches | ||
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Branch Office | 1405 Highway 10 W | Detroit Lakes, MN 56501 |
Little Falls Branches | ||
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Branch Office | 307 1st St SE | Little Falls, MN 56345-3005 |
Pequot Lakes Branches | ||
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Branch Office | 30563 Patriot Ave | Pequot Lakes, MN 56472 |
Staples Branches | ||
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Branch Office | 1220 4th St NE | Staples, MN 56479 |