Firefly Federal Credit Union

  • +1

A short history of Firefly FCU

Since its inception in 1971 the Firefly Federal Credit Union has been serving its members in the BURNSVILLE, 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 William Raker, the Firefly FCU has grown its membership to over 74,776 with assets of more than $1,161,662,891. They have a main office and 10 branch offices. Please see the credit unions website or contact them by phone at (952) 736-5000 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in BURNSVILLE, MN.

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

Charter Number 24297
Address 1400 RIVERWOOD DR 
State Minnesota 
Zip-Code 55337
Phone Number (952) 736-5000
Fax Number (952) 736-5314
Email Address:
CEO/President William Raker
Members 74,776 
Full-Time Employees 221 
Part-Time Employees 23 
Number of Branch Offices 10 
Total Assets 1,161,662,891 

Compare Firefly Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Star Choice CU Heritage 800 N 1st St 55317 64706 No 3.34
Soo Line CU SLCU Brooklyn Crossing 3200 Northway Dr Ste 380 55429 (763) 569-9977 No 3.60
Ziegler CU Ziegler Federal Credit Union 901 W 94th St 55420 (952) 885-8183 No 3.81
Wings Financial CU Apple Valley 14985 Glazier Ave 55124 (952) 997-8000 No 4.39
United Educators CU Apple Valley 14989 Florence Trl 55124 (952) 997-2200 No 4.86

Firefly Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Firefly 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 11.99 1.99 3.39 4.25 4.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 410 34 136 174 168
Rank Among All Minnesota Credit Unions 32 4 21 23 17

Firefly Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.41 0.13 0.45 0.80 0.30
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 78 122 69 207 259
Rank Among All Minnesota Credit Unions 4 14 5 20 31
Firefly Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.99021,65958,162,741
All Other Unsecured Loans/Lines of Credit 14.99016,29412,127,647
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 1.99017,115255,659,723
Used Vehicle Loans 3.39019,960143,248,982
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.2502,498308,466,257
Total Other Real Estate Loans/Lines of Credit 4.5004,282134,169,907
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.2502,21149,025,766
TOTAL LOANS & LEASES 84,019960,861,023

Firefly 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 61589,525,899458,804,172
    b. 15 Years or less 1,577148,302,46410215,232,737
    a. > 15 years 9520,656,58261,284,856
    b. 15 Years or less 19741,701,903184,802,196
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 71,429,63400
Adjustable Rate > 1 yr 76,849,77515,150,000


Closed-End Fixed Rate 1,73786,087,26732023,119,817
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2,54548,082,6404312,755,663
Open-End Fixed Rate 0000
TOTALS 6,780442,636,16492361,149,441


Interest Only & Payment Option 1st Mortgage Loans 143,324,387534,852
Interest Only & Payment Option Other RE/LOC Loans 49111,740,076364,707
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

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