Red Wing Credit Union

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A short history of Red Wing CU

Since its inception in 1954 the Red Wing Credit Union has been serving its members in the RED WING, 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 Aaron DeJong, the Red Wing CU has grown its membership to over 7,803 with assets of more than $98,498,824. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (651) 388-7133 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in RED WING, MN.

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

Charter Number 61778
Address 3303 N SERVICE DR 
State Minnesota 
Zip-Code 55066
Phone Number (651) 388-7133
Fax Number (651) 388-7137
Email Address: none
CEO/President Aaron DeJong
Members 7,803 
Full-Time Employees 17 
Part-Time Employees
Number of Branch Offices
Total Assets 98,498,824 

Compare Red Wing Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Ae Goetze Employees CU Main Office 201 N 8th St 55041 (651) 345-5210 No 13.50

Red Wing Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Red Wing 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 11.68 3.93 4.28 3.66 4.96
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 391 266 237 90 225
Rank Among All Minnesota Credit Unions 29 51 45 12 26

Red Wing Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.08 0.25 0.41 0.70 0.71
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 120 95 73 224 198
Rank Among All Minnesota Credit Unions 9 8 8 25 17
Red Wing Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.6801,1741,523,376
All Other Unsecured Loans/Lines of Credit 12.7308971,737,279
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.9302104,978,919
Used Vehicle Loans 4.2801,28012,614,595
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.66017412,939,849
Total Other Real Estate Loans/Lines of Credit 4.9602948,210,675
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.0804887,029,284
TOTAL LOANS & LEASES 4,51749,033,977

Red Wing 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 16611,198,588312,860,241
    a. > 15 years 0000
    b. 15 Years or less 81,741,2612176,000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 1274,203,2004160,925
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1674,007,475221,214,780
Open-End Fixed Rate 0000
TOTALS 46821,150,524594,411,946


Interest Only & Payment Option 1st Mortgage Loans 3112,6910
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Red Wing 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