Electrus Federal Credit Union

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A short history of Electrus FCU

Since its inception in 1957 the Electrus Federal Credit Union has been serving its members in the Brooklyn Center, 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 Bob Thurman, the Electrus FCU has grown its membership to over 5,267 with assets of more than $57,982,430. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (763) 569-4000 or email them at info@electruscu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Brooklyn Center, MN.

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

Charter Number 24656
Address 7100 Brooklyn Blvd 
City Brooklyn Center 
State Minnesota 
Zip-Code 55429
Phone Number (763) 569-4000
Fax Number (763) 569-3270
Email Address: info@electruscu.com
CEO/President Bob Thurman
Members 5,267 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 57,982,430 
Website http://electruscu.com 

Compare Electrus Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
North Memorial CU North Memorial FCU 3300 Oakdale Ave N 55422 (763) 367-7700 No 3.55
Midland Co-op CU Midland Co-op CU 5210 Central Ave NE Ste 200 55421 (763) 572-1368 No 4.54
Financial One CU Financial One Credit Union 843 40th Ave NE 55421 (763) 788-7700 No 4.73
Building Trades CU Building Trades CU - Bloomington 9741 Lyndale Ave S 55420 (952) 746-0990 No 4.82
Topline CU Como 976 Lexington Pkwy N 55369 (763) 391-9494 No 5.21

Electrus Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Electrus 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 11.90 2.49 4.50 3.91 6.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 406 83 264 127 341
Rank Among All Minnesota Credit Unions 31 12 47 17 43

Electrus 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 N/A 0.40 0.15
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 N/A 284 276
Rank Among All Minnesota Credit Unions N/A 22 N/A 33 36
Electrus Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.9009241,446,560
All Other Unsecured Loans/Lines of Credit 12.900144325,759
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.49084411,282,115
Used Vehicle Loans 4.500159986,235
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.910411,698,390
Total Other Real Estate Loans/Lines of Credit 6.000662,674,936
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.9901741,833,023
TOTAL LOANS & LEASES 2,35220,247,018

Electrus Federal Credit Union Real Estate Loans and Lines of Credit


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 411,698,39000
    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


Closed-End Fixed Rate 472,133,67610373,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 19541,26011229,587
Open-End Fixed Rate 0000
TOTALS 1074,373,32621602,587


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

Electrus Federal 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 Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes