Overview / Commentary
1100 Vanrooy Dr
Thief River Falls, MN 56701

Soo Select Credit Union is headquartered in Thief River Falls and is the 76th largest credit union in the state of Minnesota. It is also the 3,687th largest credit union in the nation. It was established in 1953 and as of September of 2018, it had grown to 5 employees and 2,744 members at 1 location. Soo Select Credit Union's CD rates are 2X the national average, and it has a B health rating.

Field of Membership Restrictions

Membership is open to employees of CP Railroad, Townsend Pricing, Sanford Medical Center, Digi-Key, Sanford Clinic, Arctic Cat, Jim Dagg Insurance, or St. John's Lutheran Church and School.
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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. Soo Select Credit Union has a low asset base.

Health Grade Components

NCUA #62670
Year Chartered1953
Primary Regulator
Profit Margin
Return on Assets - YTD0.18%
Return on Equity - YTD1.38%
Annual Interest Income$365.00K
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$14.9MM$15.2MM
LoansQ3 2018vs Q3 2017$6.4MM$7.4MM
DepositsQ3 2018vs Q3 2017$13.0MM$13.2MM
Equity CapitalQ3 2018vs Q3 2017$1.9MM$1.9MM
Loan Loss AllowanceQ3 2018vs Q3 2017$112.00K$182.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$127.00K$21.00K
Real Estate OwnedQ3 2018vs Q3 2017$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.

Soo Select Credit Union Savings Account Rates

0.25%$2.5k-Members Plus Share
0.15%$10-Regular Savings

Soo Select Credit Union CD Rates

3.09%*$90k*-60 Month CD
OTHER TIERS: 2.98% $500 - $10k | 3.03% $10k - $90k
2.83%*$90k*-48 Month CD
OTHER TIERS: 2.73% $500 - $10k | 2.78% $10k - $90k
2.22%*$90k*-36 Month CD
OTHER TIERS: 2.12% $500 - $10k | 2.17% $10k - $90k
2.12%*$90k*-24 Month CD
OTHER TIERS: 2.01% $500 - $10k | 2.06% $10k - $90k
1.96%*$90k*-12 Month CD
OTHER TIERS: 1.86% $500 - $10k | 1.91% $10k - $90k
1.86%$100-12 Month Kids CD
1.26%*$90k*-6 Month CD
OTHER TIERS: 1.15% $500 - $10k | 1.21% $10k - $90k

Soo Select Credit Union Locations
Branch Office1100 Vanrooy DrThief River Falls, MN 56701

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