Transit Operations Federal Credit Union

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A short history of Transit Operations FCU

Since its inception in 1936 the Transit Operations Federal 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 JoAnn Schultz, the Transit Operations FCU has grown its membership to over 844 with assets of more than $4,096,912. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (612) 338-9985 or email them at mail@tofcu.org 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 Transit Operations FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 24539
Address 725 N 7TH ST 
City MINNEAPOLIS 
State Minnesota 
Zip-Code 55411
Phone Number (612) 338-9985
Fax Number () -
Email Address: mail@tofcu.org
CEO/President JoAnn Schultz
Members 844 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 4,096,912 
Website http://www.tofcu.org 

Compare Transit Operations Federal Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Diversified CU Waseca 299 Johnson Ave SW 56093 (507) 833-4320 No 1.44
North Memorial CU North Memorial FCU 3300 Oakdale Ave N 55422 (763) 367-7700 No 1.75
Electric Machinery Employees CU ELECTRIC MACHINERY EMPLOYEES CREDIT UNION 800 CENTRAL AVE NE 55413 (612) 378-8100 No 2.24
Financial One CU Financial One Credit Union 843 40th Ave NE 55421 (763) 788-7700 No 3.84
Latvian CU LCU HQ 3152 17th Ave S 55407 (612) 722-5004 No 4.16

Transit Operations Federal Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Transit Operations Federal 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 5.00 7.00 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 397 545 N/A N/A
Rank Among All Minnesota Credit Unions N/A 61 76 N/A N/A

Transit Operations Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.10 N/A 0.25 0.10
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 129 N/A 310 283
Rank Among All Minnesota Credit Unions 8 17 N/A 39 37
Transit Operations Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 13.50076206,987
Short-Term, Small Amount Loans (STS) (Federal CU Only) 28.00031,624
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 5.00016241,407
Used Vehicle Loans 7.00067697,130
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 3.100310,903
TOTAL LOANS & LEASES 1651,158,051

Transit Operations Federal Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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
Balloon/Hybrid
    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

OTHER REAL ESTATE

Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 0000

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

Transit Operations Federal Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans No
Pay Day Lending Yes
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 No
No Surcharge ATMs No
Home Banking Via Internet Website Yes