Soo Select Credit Union

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A short history of Soo Select CU

Since its inception in 1953 the Soo Select Credit Union has been serving its members in the Thief River Fal, 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 Joyce Kalbakdalen, the Soo Select CU has grown its membership to over 2,496 with assets of more than $13,448,187. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (218) 681-2303 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 Thief River Fal, MN.

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

Charter Number 62670
Address 1100 Vanrooy Dr 
City Thief River Fal 
State Minnesota 
Zip-Code 56701
Phone Number (218) 681-2303
Fax Number (218) 681-5379
Email Address:
CEO/President Joyce Kalbakdalen
Members 2,496 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 13,448,187 

Compare Soo Select Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Pennington Municipal & County Emplo CU auditorim 123 Main Ave N 56701 (218) 681-7622 No 2.14
Red Lake Co Op CU CU Office 111 2nd St SW 56750 (218) 253-2775 No 14.75
Brooks Community CU Brooks Community Federal Credit Union 200 Main Street 56715 (218) 698-4220 No 20.40
Agassiz CU Agassiz Federal Credit Union 218 N Broadway 56716 (218) 281-5741 No 29.56

Soo Select Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Soo Select 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 2.90 8.50 N/A N/A
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 133 664 N/A N/A
Rank Among All Minnesota Credit Unions N/A 24 81 N/A N/A

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

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.01 N/A 0.01 1.50
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 156 N/A 345 94
Rank Among All Minnesota Credit Unions N/A 26 N/A 46 3
Soo Select Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 12.000428704,906
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.900641,260,571
Used Vehicle Loans 8.5003722,744,347
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.5001861,757,891
TOTAL LOANS & LEASES 1,0506,467,715

Soo Select 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 0000
    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 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000


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 Select Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans No
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 No
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website No