Minnesota Valley Federal Credit Union is headquartered in Mankato and is the 22nd largest credit union in the state of Minnesota. It is also the 1,039th largest credit union in the nation. It was established in 1934 and as of September of 2022, it had grown to 34 employees and 17,650 members at 3 locations. Minnesota Valley Federal Credit Union 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, LeSueur, Nicollet, or Waseca; businesses and other legal entities located in those four counties also qualify. Immediate family members of a current credit union member are eligible to join.
See current membership details
My family and I really do like Minnesota Valley. We've been members for many years as have many of my friends and coworkers. They really listen. Loan rates are low, savings rates high and virtually no fees. Great mortgage loans, too. I believe they've been voted Best Bank or Credit Union in the Greater Mankato Area 3 or 4 years in a row and there's a lot of financials. Check them out. You will be a loyal part owner of this caring coop like us! They even pay a coop patronage dividend and with their shared branching like 6000 locations and a nationwide free ATM network everywhere you look. Thanks Minnesota Valley.
Overall | |
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NCUA # | 19440 |
Year Chartered | 1934 |
Employees | 34 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.63% |
Return on Equity - YTD | 6.35% |
Annual Interest Income | $4.5MM |
Assets and Liabilities | ||
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Assets | Q3 2022vs Q3 2021 | $280.6MM$246.4MM |
Loans | Q3 2022vs Q3 2021 | $128.6MM$111.5MM |
Deposits | Q3 2022vs Q3 2021 | $252.5MM$220.7MM |
Equity Capital | Q3 2022vs Q3 2021 | $27.8MM$25.1MM |
Loan Loss Allowance | Q3 2022vs Q3 2021 | $0$679.00K |
Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $329.00K$468.00K |
Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |
Rates for Minnesota Valley Federal Credit Union are currently being reviewed.
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 |