Latvian Credit Union

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A short history of Latvian CU

Since its inception in 1965 the Latvian Credit Union has been serving its members in the MINNEAPOLIS, 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 Uldis Kreslins, the Latvian CU has grown its membership to over 640 with assets of more than $4,295,171. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (612) 722-5004 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 MINNEAPOLIS, MN.

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

Charter Number 63891
Address 3152 17TH AVE S 
State Minnesota 
Zip-Code 55407
Phone Number (612) 722-5004
Fax Number (612) 722-0174
Email Address:
CEO/President Uldis Kreslins
Members 640 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 4,295,171 

Compare Latvian Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
H.b.i. Employees CU HBI Employees Credit Union 3415 University Ave W 55114 (651) 642-4490 No 3.15
St. Thomas Employee CU Saint Thomas Employee Federal Credit Union 2115 SUMMIT AVE 55105 (651) 962-6660 No 3.17
Diversified CU Waseca 299 Johnson Ave SW 56093 (507) 833-4320 No 3.31
Transit Operations CU MAIN 725 N 7TH ST 55411 (612) 338-9985 No 3.85
Electric Machinery Employees CU ELECTRIC MACHINERY EMPLOYEES CREDIT UNION 800 CENTRAL AVE NE 55413 (612) 378-8100 No 3.90

Latvian Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Latvian 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 N/A 3.00 6.00 5.00 5.50
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 146 443 268 289
Rank Among All Minnesota Credit Unions N/A 28 68 35 38

Latvian Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.40 N/A 0.85 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 75 N/A 198 N/A
Rank Among All Minnesota Credit Unions 8 5 N/A 19 N/A
Latvian Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 9.00035128,480
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.00025569,282
Used Vehicle Loans 6.0001141,188,740
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.000241,268,161
Total Other Real Estate Loans/Lines of Credit 5.5008360,159
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.00039357,388
TOTAL LOANS & LEASES 2453,872,210

Latvian 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 168,2332496,471
    b. 15 Years or less 479,08800
    a. > 15 years 0000
    b. 15 Years or less 17,33200
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 181,113,5083126,244
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 243,53300
Closed-End Adjustable Rate 1183,53500
Open-End Adjustable Rate 5133,091221,681
Open-End Fixed Rate 0000
TOTALS 321,628,3207644,396


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

Latvian 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 No
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