Overview / Commentary
218-681-2303
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 3,697th largest credit union in the nation. It was established in 1953 and as of June of 2018, it had grown to 5 employees and 2,807 members at 1 location. Soo Select Credit Union 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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Health
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

Overall
NCUA #62670
Year Chartered1953
Employees5
Primary Regulator
Profit Margin
Return on Assets - YTD0.34%
Return on Equity - YTD2.69%
Annual Interest Income$241.00K
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$15.1MM$13.4MM
LoansQ2 2018vs Q2 2017$6.5MM$6.5MM
DepositsQ2 2018vs Q2 2017$13.1MM$11.7MM
Equity CapitalQ2 2018vs Q2 2017$1.9MM$1.7MM
Loan Loss AllowanceQ2 2018vs Q2 2017$156.00K$176.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$121.00K$5.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
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Soo Select Credit Union Savings Account Rates

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

Soo Select Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.20%$500-60 Month CD
1.05%$500-48 Month CD
0.70%$500-24 Month CD
0.60%$500-15 Month CD
0.50%$500-12 Month CD
0.50%$100-12 Month Kids CD
0.30%$500-6 Month CD
Locations


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

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