Deer River Cooperative Credit Union

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A short history of Deer River Cooperative CU

Since its inception in 1938 the Deer River Cooperative Credit Union has been serving its members in the DEER RIVER, 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 MARY GOGGLEYE, the Deer River Cooperative CU has grown its membership to over 2,300 with assets of more than $17,271,278. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (218) 246-8777 or email them at DRCCU@PAULBUNYAN.NET to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in DEER RIVER, MN.

General Information For Deer River Cooperative CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 60388
Address PO BOX 158 
City DEER RIVER 
State Minnesota 
Zip-Code 56636
Phone Number (218) 246-8777
Fax Number (218) 246-9731
Email Address: DRCCU@PAULBUNYAN.NET
CEO/President MARY GOGGLEYE
Members 2,300 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 17,271,278 
Website http://DRCCU.COM 

Compare Deer River Cooperative Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Lakes Area CU Lakes Area Federal Credit Union 18 NW 4th St 55744 (218) 326-1251 No 24.33

Deer River Cooperative Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Deer River Cooperative 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 9.90 2.75 3.00 5.00 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 115 92 268 229
Rank Among All Minnesota Credit Unions 22 20 14 35 28

Deer River Cooperative Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.05 N/A 0.10 0.10
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 140 143 N/A 332 283
Rank Among All Minnesota Credit Unions 15 22 N/A 42 37
Deer River Cooperative Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.9003482,151
All Other Unsecured Loans/Lines of Credit 14.50064100,498
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.75038809,539
Used Vehicle Loans 3.0001661,786,737
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.0001016,435,862
Total Other Real Estate Loans/Lines of Credit 5.0009438,779
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.0002542,599,107
TOTAL LOANS & LEASES 66612,252,673

Deer River Cooperative 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 17408,37700
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 846,027,485161,369,796
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000

OTHER REAL ESTATE

Closed-End Fixed Rate 9438,77900
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 1106,874,641161,369,796

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

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