Featured Savings Rates
Featured Accounts

Otter Tail Credit Union

Popular Accounts at this Credit Union

0.50%1-year CD1 Year Savings Certificate
0.05%SavingsSecondary Share S2 Account
0.70%2-year CD24 Month Savings Certificate

Overview / Commentary
413 W Stanton Ave
Fergus Falls, MN 56537-2505

Otter Tail Credit Union is headquartered in Fergus Falls and is the 78th largest credit union in the state of Minnesota. It is also the 3,677th largest credit union in the nation. It was established in 1954 and as of June of 2016, it had grown to 3 employees and 2,493 members at 2 locations. Otter Tail Credit Union has a B health rating.

Field of Membership Restrictions

Membership is open to those who live, work, attend school or worship in Fergus Falls, Minnesota and to those who live within a 12-mile radius of Fergus Falls. Membership is also open to employees of Otter Tail Power Company.
See current membership details


No reviews have been left for this bank yet. Be the first to review.

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Otter Tail Credit Union has a low asset base.

Health Grade Components

NCUA #64343
Year Chartered1954
Primary Regulator
Profit Margin
Return on Assets - YTD0.11%
Return on Equity - YTD1.35%
Annual Interest Income$164.00K
Assets and Liabilities
AssetsQ2 2016vs Q2 2015$16.7MM$14.7MM
LoansQ2 2016vs Q2 2015$4.8MM$4.9MM
DepositsQ2 2016vs Q2 2015$15.3MM$13.4MM
Equity CapitalQ2 2016vs Q2 2015$1.3MM$1.3MM
Loan Loss AllowanceQ2 2016vs Q2 2015$18.00K$14.00K
Unbacked Noncurrent LoansQ2 2016vs Q2 2015$7.00K$0
Real Estate OwnedQ2 2016vs Q2 2015$0$0
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Otter Tail Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Otter Tail Credit Union Savings Account Rates

0.50%--Education IRA Savings Account
0.50%--IRA Savings Account
0.50%--Roth IRA Savings Account
0.10%--Power Savings Account
0.10%--Christmas Club Account
0.05%--Primary Share S1 Account
0.05%--Secondary Share S2 Account

Otter Tail Credit Union CD Rates

0.70%--24 Month Savings Certificate
0.60%--18 Month Savings Certificate
0.50%--1 Year Savings Certificate
0.45%--270 Day Savings Certificate
0.40%--180 Day Savings Certificate
0.35%--120 Day Savings Certificate
0.30%--90 Day Savings Certificate
0.20%--60 Day Savings Certificate

Otter Tail Credit Union IRA Rates

0.70%--24 Month IRA Certificate
0.60%--18 Month IRA Certificate
0.50%--1 Year IRA Certificate
0.45%--270 Day IRA Certificate
0.40%--180 Day IRA Certificate
0.35%--120 Day IRA Certificate
0.30%--90 Day IRA Certificate
0.20%--60 Day IRA Certificate

Otter Tail Credit Union Locations
Branch Office413 W Stanton AveFergus Falls, MN 56537-2505
Branch Office217 Jefferson St NWadena, MN 56482-1370