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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 82nd largest credit union in the state of Minnesota. It is also the 3,890th largest credit union in the nation. It was established in 1953 and as of March of 2016, it had grown to 5 employees and 2,611 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)
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Health
B
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 - YTD0.71%
Return on Equity - YTD6.07%
Annual Interest Income$123.00K
Assets and Liabilities
AssetsQ1 2016vs Q1 2015$13.9MM$14.6MM
LoansQ1 2016vs Q1 2015$7.2MM$7.3MM
DepositsQ1 2016vs Q1 2015$12.3MM$13.1MM
Equity CapitalQ1 2016vs Q1 2015$1.6MM$1.5MM
Loan Loss AllowanceQ1 2016vs Q1 2015$231.00K$250.00K
Unbacked Noncurrent LoansQ1 2016vs Q1 2015$16.00K$46.00K
Real Estate OwnedQ1 2016vs Q1 2015$0$0
Rates
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Soo Select Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
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

APYMINMAXACCOUNT NAMEVIEW DETAILS
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
Locations


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