Brooks Community Federal Credit Union

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A short history of Brooks Community FCU

Since its inception in 1947 the Brooks Community Federal Credit Union has been serving its members in the Brooks, Minnesota area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by JOYCE MORINVILLE, the Brooks Community FCU has grown its membership to over 523 with assets of more than $2,439,017. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (218) 698-4220 or email them at bcfcu@gvtel.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Brooks, MN.

General Information For Brooks Community FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 5469
Address PO Box 38 
City Brooks 
State Minnesota 
Zip-Code 56715
Phone Number (218) 698-4220
Fax Number (218) 698-4320
Email Address: bcfcu@gvtel.com
CEO/President JOYCE MORINVILLE
Members 523 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 2,439,017 
Website http://www.brookscommunityfcu.com 

Compare Brooks Community Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Red Lake Co Op CU CU Office 111 2nd St SW 56750 (218) 253-2775 No 12.56
Soo Select CU Soo Select Credit Union 1100 Vanrooy Dr 56701 (218) 681-2303 No 21.93
Pennington Municipal & County Emplo CU auditorim 123 Main Ave N 56701 (218) 681-7622 No 22.76
Agassiz CU Agassiz Federal Credit Union 218 N Broadway 56716 (218) 281-5741 No 26.75

Brooks Community Federal Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Brooks Community Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 2.50 6.75 8.30 N/A
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 84 522 476 N/A
Rank Among All Minnesota Credit Unions N/A 13 75 46 N/A

Brooks Community Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 0.35 N/A N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 89 N/A N/A
Rank Among All Minnesota Credit Unions N/A 22 11 N/A N/A
Brooks Community Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 12.0004217,746
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.5005118,169
Used Vehicle Loans 6.75068275,948
Total 1st Mortgage Real Estate Loans/Lines of Credit 8.300653,849
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.75041301,165
TOTAL LOANS & LEASES 162766,877

Brooks Community Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 653,84900
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 653,84900

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Brooks Community Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans No
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website Yes