Featured Savings Rates
Featured Accounts

Toro Employees Federal Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
1.20%1-year CD12 Month CD
0.25%SavingsSecondary Share
1.75%3-year CD36 Month Step-Up CD

Overview / Commentary
952-887-8041
8111 Lyndale Ave S
Bloomington, MN 55420

Toro Employees Federal Credit Union is headquartered in Bloomington and is the 71st largest credit union in the state of Minnesota. It is also the 2,982nd largest credit union in the nation. It was established in 1974 and as of March of 2018, it had grown to 7 employees and 3,086 members at 1 location. Toro Employees Federal Credit Union's money market rates are 2X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to Toro employee living in the United States .
See current membership details

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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. Toro Employees Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #21644
Year Chartered1974
Employees7
Primary Regulator
Profit Margin
Return on Assets - YTD1.16%
Return on Equity - YTD8.36%
Annual Interest Income$302.00K
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$28.6MM$27.9MM
LoansQ1 2018vs Q1 2017$22.7MM$21.4MM
DepositsQ1 2018vs Q1 2017$24.4MM$24.0MM
Equity CapitalQ1 2018vs Q1 2017$3.9MM$3.6MM
Loan Loss AllowanceQ1 2018vs Q1 2017$167.00K$214.00K
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$57.00K$60.00K
Real Estate OwnedQ1 2018vs Q1 2017$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Toro Employees Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Toro Employees Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%*$100k*-Traditional IRA Savings Account
OTHER TIERS: 0.20% Up to $2,500 | 0.35% $2,500 - $10k | 0.45% $10k - $25k | 0.60% $25k - $50k | 0.75% $50k - $100k
0.50%--Holiday Savings Club
0.25%$105-Primary Share
0.25%$105-Secondary Share

Toro Employees Federal Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.90%*$100k*-Money Market Account
OTHER TIERS: 0.20% $105 - $2,500 | 0.35% $2,500 - $10k | 0.45% $10k - $25k | 0.60% $25k - $50k | 0.75% $50k - $100k

Toro Employees Federal Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.12%$500-Balance Plus Checking Account

Toro Employees Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%*$25k*-36 Month CD
OTHER TIERS: 1.55% $500 - $25k
1.75%*$25k*-36 Month Step-Up CD
OTHER TIERS: 1.55% $1k - $25k
1.45%*$25k*-24 Month CD
OTHER TIERS: 1.25% $500 - $25k
1.45%*$25k*-24 Month Step-Up CD
OTHER TIERS: 1.25% $1k - $25k
1.20%*$25k*-12 Month CD
OTHER TIERS: 1.00% $500 - $25k
0.95%*$25k*-6 Month CD
OTHER TIERS: 0.75% $500 - $25k

Toro Employees Federal Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.75%$500-36 Month IRA
1.45%$500-24 Month IRA
1.20%$500-12 Month IRA
Locations


Toro Employees Federal Credit Union Locations
Branch Office8111 Lyndale Ave SBloomington, MN 55420

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