Minnco Credit Union

  • +1

A short history of Minnco CU

Since its inception in 1935 the Minnco Credit Union has been serving its members in the CAMBRIDGE, 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 Doug Hallstrom, the Minnco CU has grown its membership to over 27,010 with assets of more than $272,234,797. They have a main office and 5 branch offices. Please see the credit unions website or contact them by phone at (763) 689-1071 or email them at email@minnco.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in CAMBRIDGE, MN.

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

Charter Number 63639
Address 235 1ST AVE W 
State Minnesota 
Zip-Code 55008
Phone Number (763) 689-1071
Fax Number (763) 689-9659
Email Address: email@minnco.com
CEO/President Doug Hallstrom
Members 27,010 
Full-Time Employees 66 
Part-Time Employees 10 
Number of Branch Offices
Total Assets 272,234,797 
Website http://minnco.com 

Compare Minnco Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Anoka Hennepin CU Coon Rapids Financial Center 3505 Northdale Blvd NW 55448 (763) 422-0290 No 25.02
Smw Financial CU Maplewood 1691 Cope Ave E 55109 (651) 747-1500 No 27.62
Teamsters CU Teamsters Credit Union 9422 Ulysses St NE Ste 140 55434 (763) 267-6300 No 29.26

Minnco Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Minnco 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 2.99 2.99 3.50 3.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 452 145 91 72 74
Rank Among All Minnesota Credit Unions 36 27 13 9 7

Minnco Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.05 0.07 0.07 0.25 0.40
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 125 136 140 310 243
Rank Among All Minnesota Credit Unions 12 20 26 39 28
Minnco Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.9002,9724,316,579
All Other Unsecured Loans/Lines of Credit 8.7501,3262,977,391
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.9903806,178,763
Used Vehicle Loans 2.9907,61173,761,343
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.50027721,322,066
Total Other Real Estate Loans/Lines of Credit 3.75057917,824,964
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.9903,39727,455,421
TOTAL LOANS & LEASES 16,542153,836,527

Minnco 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 1597,740,407151,044,940
    a. > 15 years 0000
    b. 15 Years or less 11813,581,6595663,600
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 35210,845,160341,081,926
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 2276,979,804123700,141
Open-End Fixed Rate 0000
TOTALS 85639,147,0301773,490,607


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

Minnco 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 Yes
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 Yes
Home Banking Via Internet Website Yes