Minnesota Valley Federal Credit Union is headquartered in Mankato and is the 20th largest credit union in the state of Minnesota. It is also the 1,045th largest credit union in the nation. It was established in 1934 and as of June of 2024, it had grown to 33 employees and 18,050 members at 3 locations. Minnesota Valley Federal Credit Union's money market rates are 6X the national average, and it has an A health rating.
Membership in Minnesota Valley Federal Credit Union is open to those who live, work, worship, attend school, or volunteer in the Minnesota counties of Blue Earth, Brown, LeSueur, Nicollet, Waseca, or Watonwan; businesses and other legal entities located in those six counties also qualify. Immediate family members of a current credit union member are eligible to join.
See current membership details
Overall | |
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NCUA # | 19440 |
Year Chartered | 1934 |
Employees | 33 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.83% |
Return on Equity - YTD | 7.59% |
Annual Interest Income | $5.7MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $289.1MM$283MM |
Loans | Q2 2024vs Q2 2023 | $148.2MM$136.5MM |
Deposits | Q2 2024vs Q2 2023 | $257.8MM$253.3MM |
Equity Capital | Q2 2024vs Q2 2023 | $31.6MM$29.4MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $820K$765K |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $906K$409K |
Real Estate Owned | Q2 2024vs Q2 2023 | $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.
Minnesota Valley Federal Credit Union Locations | ||
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Branch Office | 100 Memorial View Ct | Mankato, MN 56001 |
Branch Office | 1640 Adams St | Mankato, MN 56001 |
Branch Office | 208 N Broad St | Mankato, MN 56001 |