Minnco Credit Union is headquartered in Cambridge and is the 13th largest credit union in the state of Minnesota. It is also the 717th largest credit union in the nation. It was established in 1935 and as of September of 2022, it had grown to 85 employees and 30,701 members at 7 locations. Minnco Credit Union has an A health rating.
Minnco Credit Union is open to those who live, work, volunteer, attend school or worship in Chisago, Isanti, Benton, Anoka, Sherburne, and Mille Lacs, Ramsey, Wright, Hennepin, Washington, Kanabec and Pine counties in Minnesota. Membership is also open to members of Federated Co-ops, Inc.
See current membership details
|Return on Assets - YTD||1.08%|
|Return on Equity - YTD||21.46%|
|Annual Interest Income||$8.9MM|
|Assets and Liabilities|
|Assets||Q3 2022vs Q3 2021||$505.4MM$452.9MM|
|Loans||Q3 2022vs Q3 2021||$300.2MM$243.6MM|
|Deposits||Q3 2022vs Q3 2021||$464.5MM$406.2MM|
|Equity Capital||Q3 2022vs Q3 2021||$24.9MM$40.8MM|
|Loan Loss Allowance||Q3 2022vs Q3 2021||$1.0MM$1.2MM|
|Unbacked Noncurrent Loans||Q3 2022vs Q3 2021||$244.00K$413.00K|
|Real Estate Owned||Q3 2022vs Q3 2021||$0$211.00K|
Rates for Minnco Credit Union are currently being reviewed.
|Minnco Credit Union Locations|
|Branch Office||235 1st Ave W||Cambridge, MN 55008|
|Branch Office||100 Opportunity Blvd N||Cambridge, MN 55008|
|Branch Office||2121 Station Pkwy NW||Andover, MN 55304|
|Branch Office||236 2nd Ave SW||Cambridge, MN 55008|
|Branch Office||38807 9th Ave||North Branch, MN 55056|
|Branch Office||311 Credit Union Dr||Isanti, MN 55040|
|Branch Office||613 Rose Dr||Big Lake, MN 55309|