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 1,045th largest credit union in the nation. It was established in 1934 and as of June of 2023, it had grown to 30 employees and 17,848 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
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 | 30 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.93% |
Return on Equity - YTD | 9.01% |
Annual Interest Income | $4.1MM |
Assets and Liabilities | ||
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Assets | Q2 2023vs Q2 2022 | $283.0MM$279.3MM |
Loans | Q2 2023vs Q2 2022 | $136.5MM$122.5MM |
Deposits | Q2 2023vs Q2 2022 | $253.3MM$251.4MM |
Equity Capital | Q2 2023vs Q2 2022 | $29.5MM$27.4MM |
Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$0 |
Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $409.00K$279.00K |
Real Estate Owned | Q2 2023vs Q2 2022 | $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 |