Minnesota Valley Federal Credit Union


Overview / Commentary
507-387-3055
1640 Adams St
Mankato, MN 56001

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.

Field of Membership Restrictions

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

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Health

Health Grade Components

Overall
NCUA #19440
Year Chartered1934
Employees33
Primary Regulator
Profit Margin
Return on Assets - YTD0.83%
Return on Equity - YTD7.59%
Annual Interest Income$5.7MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$289.1MM$283MM
LoansQ2 2024vs Q2 2023$148.2MM$136.5MM
DepositsQ2 2024vs Q2 2023$257.8MM$253.3MM
Equity CapitalQ2 2024vs Q2 2023$31.6MM$29.4MM
Loan Loss AllowanceQ2 2024vs Q2 2023$820K$765K
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$906K$409K
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Minnesota Valley Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Minnesota Valley Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.26%*$0$5kKids Club
OTHER TIERS: 0.30% $5k+
0.75%$0-Holiday Club
0.75%$0-Vacation Club
0.75%$0-Health Savings Account
0.75%$0-IRA Savings
0.75%$0-Coverdell (Educational) IRA Savings
0.75%$0-Roth IRA Savings
0.30%$5-Share Savings
0.30%$0-Special Savings

Minnesota Valley Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.79%*$250k*-Money Market Savings
OTHER TIERS: 0.30% $0 - $1k | 0.35% $1k - $5k | 0.70% $5k - $10k | 0.90% $10k - $20k | 1.10% $20k - $40k | 1.51% $40k - $70k | 2.02% $70k - $100k | 2.53% $100k - $250k

Minnesota Valley Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.71%$500-5 Month Certificate Special
4.53%$500-8 Month Certificate Special
4.31%$500-11 Month Certificate Special
4.27%$500-13 Month Certificate Special
4.06%$500-15 Month Certificate Special
3.85%$500-19 Month Certificate Special
3.80%$500-63 Month Certificate Special
3.65%$500-25 Month Certificate Special
3.49%$500-37 Month Certificate Special
2.27%$500-5 Year Certificate
2.12%$500-6 Year Triple Play CD
2.01%$500-4 Year Certificate
1.91%$500-3 Year Certificate
1.81%$500-4 Year Triple Play CD
1.71%$500-30 Month Certificate
1.51%$500-2 Year Certificate
1.31%$500-18 Month Certificate
1.31%$500-2 Year Triple Play CD
1.21%$500-1 Year Certificate
0.90%$500-9 Month Share Certificate
0.60%$500-6 Month Share Certificate
0.40%$500-3 Month Share Certificate

Minnesota Valley Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.96%$500-25 Month IRA Special
3.70%$500-13 Month IRA Special
2.12%$500-48 Month CESA
2.12%$500-48 Month IRA
1.81%$500-30 Month IRA
1.41%$500-18 Month IRA
1.31%$500-12 Month CESA
1.31%$500-12 Month IRA
Locations


Minnesota Valley Federal Credit Union Locations
Branch Office100 Memorial View CtMankato, MN 56001
Branch Office1640 Adams StMankato, MN 56001
Branch Office208 N Broad StMankato, MN 56001

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