Soo Line Credit Union

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A short history of Soo Line CU

Since its inception in 1927 the Soo Line Credit Union has been serving its members in the Savage, 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 Christopher Goebel, the Soo Line CU has grown its membership to over 7,336 with assets of more than $42,955,350. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (952) 895-5277 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 Savage, MN.

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

Charter Number 63458
Address 14327 Huntington Ave 
City Savage 
State Minnesota 
Zip-Code 55378
Phone Number (952) 895-5277
Fax Number (952) 895-0023
Email Address: none
CEO/President Christopher Goebel
Members 7,336 
Full-Time Employees 11 
Part-Time Employees
Number of Branch Offices
Total Assets 42,955,350 

Compare Soo Line 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 55429 64706 No 4.01
South Metro CU Southbridge 8001 Old Carriage Ct Ste A 55429 (952) 445-0888 No 4.76
Firefly CU Chanhassen 7905 Great Plains Blvd 55317 (952) 882-5858 No 5.87
Ziegler CU Ziegler Federal Credit Union 901 W 94th St 55420 (952) 885-8183 No 6.43
Wings Financial CU Apple Valley 14985 Glazier Ave 55124 (952) 997-8000 No 7.73

Soo Line Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Soo Line 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 8.75 2.96 3.13 3.71 4.71
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 139 140 107 95 196
Rank Among All Minnesota Credit Unions 9 26 17 13 20

Soo Line Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.05 N/A 0.05 0.05
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 143 N/A 340 291
Rank Among All Minnesota Credit Unions N/A 22 N/A 44 38
Soo Line Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.7509092,064,103
All Other Unsecured Loans/Lines of Credit 13.9204951,419,708
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.9601593,112,608
Used Vehicle Loans 3.1301,08610,595,597
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.710424,390,927
Total Other Real Estate Loans/Lines of Credit 4.7101965,559,260
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 3.5404944,492,872
TOTAL LOANS & LEASES 3,38131,635,075

Soo Line 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 141,672,4761120,000
    b. 15 Years or less 221,774,2062231,747
    a. > 15 years 149,80000
    b. 15 Years or less 5894,44500
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 1133,079,00211490,083
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 832,480,2588269,451
Open-End Fixed Rate 0000
TOTALS 2389,950,187221,111,281


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

Soo Line Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
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 No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes