Hibbing Cooperative Credit Union

  • +1

A short history of Hibbing Cooperative CU

Since its inception in 1938 the Hibbing Cooperative Credit Union has been serving its members in the Hibbing, 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 Waylon Vitters, the Hibbing Cooperative CU has grown its membership to over 8,430 with assets of more than $75,852,682. They have a main office and 0 branch offices. Please see the credit unions website or contact them by phone at (218) 263-8815 or email them at jim@hccu.net to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Hibbing, MN.

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

Charter Number 60164
Address P O Box 908 
City Hibbing 
State Minnesota 
Zip-Code 55746
Phone Number (218) 263-8815
Fax Number (218) 263-5078
Email Address: jim@hccu.net
CEO/President Waylon Vitters
Members 8,430 
Full-Time Employees 11 
Part-Time Employees
Number of Branch Offices
Total Assets 75,852,682 
Website http://www.hccu.net 

Compare Hibbing Cooperative Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Minnesota Ore Operations Employees CU MAIN OFFICE 2540 E Beltline Ste 1 55746 (218) 262-1607 No 4.15
Nashwauk CU Main Office 401 E Platt Ave 55769 (218) 885-1600 No 13.53
Central Hanna Employees CU Central Hanna Employees Credit Union PO Box 465 55753 (218) 778-6833 No 13.62
Virginia Coop CU Virginia Co-Op Credit Union 811 4th St N 55792 (218) 741-5644 No 19.14

Hibbing Cooperative Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Hibbing 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 12.90 2.79 3.59 3.99 3.99
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 452 119 157 137 99
Rank Among All Minnesota Credit Unions 36 22 25 19 13

Hibbing Cooperative Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.01 0.25 0.30 0.40 0.25
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 95 97 284 266
Rank Among All Minnesota Credit Unions 15 8 14 33 33
Hibbing Cooperative Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.900593553,860
All Other Unsecured Loans/Lines of Credit 14.500589547,765
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.790801,413,457
Used Vehicle Loans 3.5907355,588,824
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.9901484,502,418
Total Other Real Estate Loans/Lines of Credit 3.9901002,209,075
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.7904123,227,604
TOTAL LOANS & LEASES 2,65718,043,003

Hibbing Cooperative 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 1484,502,41816567,528
    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 1002,209,0759275,765
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 2486,711,49325843,293


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

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