Federated Employees Credit Union

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A short history of Federated Employees CU

Since its inception in 1934 the Federated Employees Credit Union has been serving its members in the Owatonna, 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 Annette Arndt, the Federated Employees CU has grown its membership to over 4,686 with assets of more than $44,336,293. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (507) 455-5200 or email them at fedecu@fedins.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Owatonna, MN.

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

Charter Number 64703
Address 1929 S Cedar Ave 
City Owatonna 
State Minnesota 
Zip-Code 55060
Phone Number (507) 455-5200
Fax Number (507) 455-8827
Email Address: fedecu@fedins.com
CEO/President Annette Arndt
Members 4,686 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 44,336,293 
Website http://www.fedecu.com 

Compare Federated Employees Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Josten Employees CU Jostens Employees Credit Union Jostens Employees Credit Union 55060 (507) 455-6309 No 1.80
Home Town CU Owatonna High School Branch 333 E School St 55060 (507) 451-3798 No 2.35
United Employees CU United Employees Credit Union 430 Bridge Ave 56007 (507) 377-1616 No 28.83
Mower County Employees CU Mower County Employees Credit Union 1202 N Main St 55912 (507) 437-6360 No 29.20
Trades & Labor CU TRADES & LABOR FCU 610 S BROADWAY AVE 56007 (507) 377-1863 No 29.49

Federated Employees Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Federated Employees 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 10.90 2.24 2.82 3.50 4.76
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 332 56 75 72 201
Rank Among All Minnesota Credit Unions 26 8 11 9 23

Federated Employees Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.10 0.43 0.73 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 116 129 71 220 N/A
Rank Among All Minnesota Credit Unions 8 17 6 23 N/A
Federated Employees Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.9008541,390,030
All Other Unsecured Loans/Lines of Credit 10.850298684,662
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 3.9901521,128,219
New Vehicle Loans 2.2402174,351,206
Used Vehicle Loans 2.8205897,093,768
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.500422,228,363
Total Other Real Estate Loans/Lines of Credit 4.7602204,576,758
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.4201231,563,937
TOTAL LOANS & LEASES 2,49523,016,943

Federated Employees 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 161,474,84700
    a. > 15 years 0000
    b. 15 Years or less 122,26700
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 25731,24910121,877
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 561,474,3896221,157
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1643,102,36980814,116
Open-End Fixed Rate 0000
TOTALS 2626,805,121961,157,150


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

Federated Employees Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
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 No
Home Banking Via Internet Website Yes