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Soo Select Credit Union

Popular Accounts at this Credit Union

1.00%5-year CD60 Month CD
0.30%1-year CD12 Month CD
0.80%4-year CD48 Month CD

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

Soo Select Credit Union is headquartered in Thief River Falls and is the 82nd largest credit union in the state of Minnesota. It is also the 3,863rd largest credit union in the nation. It was established in 1953 and as of December of 2015, it had grown to 5 employees and 2,631 members at 1 location. Soo Select Credit Union has a B health rating.

Field of Membership Restrictions

Must be an employee of CP Railroad or other Select Employee Group (SEG)
See current membership details


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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 - YTD1.01%
Return on Equity - YTD8.95%
Annual Interest Income$512.00K
Assets and Liabilities
AssetsQ4 2015vs Q4 2014$14.3MM$14.6MM
LoansQ4 2015vs Q4 2014$7.4MM$7.0MM
DepositsQ4 2015vs Q4 2014$12.7MM$13.1MM
Equity CapitalQ4 2015vs Q4 2014$1.6MM$1.5MM
Loan Loss AllowanceQ4 2015vs Q4 2014$228.00K$233.00K
Unbacked Noncurrent LoansQ4 2015vs Q4 2014$6.00K$56.00K
Real Estate OwnedQ4 2015vs Q4 2014$0$0
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Soo Select Credit Union CD Rates

1.00%$500-60 Month CD
0.80%$500-48 Month CD
0.50%$500-24 Month CD
0.40%$500-15 Month CD
0.30%$500-12 Month CD
0.10%$500-6 Month CD

Soo Select Credit Union IRA Rates

1.00%$500-60 Month IRA
0.80%$500-48 Month IRA
0.50%$500-24 Month IRA
0.40%$500-15 Month IRA
0.30%$500-12 Month IRA

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