Vermillion Federal Credit Union

A short history of Vermillion FCU

Since its inception in 1959 the Vermillion Federal Credit Union has been serving its members in the VERMILLION, South Dakota 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 Janet Mount, the Vermillion FCU has grown its membership to over 2,392 with assets of more than $17,398,598. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (605) 677-5214 or email them at office@vermillionfcu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in VERMILLION, SD.

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

Compare Vermillion Federal Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Services Center CU	Yankton	609 W 21st St	57078	(605) 665-4309	No	21.00

Vermillion Federal Credit Union Financial Performance Charts

Financial Data

Vermillion 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	10.50	3.54	4.88	5.09	5.97
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	297	214	310	277	337
Rank Among All South Dakota Credit Unions	8	19	18	18	21

Vermillion Federal 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	0.68	N/A
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	229	N/A
Rank Among All South Dakota Credit Unions	N/A	14	N/A	15	N/A

Vermillion Federal Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	10.500	90	86,652
All Other Unsecured Loans/Lines of Credit	8.510	335	501,508
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	0.000	0	0
New Vehicle Loans	3.540	34	653,412
Used Vehicle Loans	4.880	371	3,146,112
Total 1st Mortgage Real Estate Loans/Lines of Credit	5.090	46	1,949,305
Total Other Real Estate Loans/Lines of Credit	5.970	37	1,039,782
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	6.000	140	1,093,966
TOTAL LOANS & LEASES		1,053	8,470,737

Vermillion 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	4	325,468	0	0
b. 15 Years or less	42	1,623,837	6	454,700
Balloon/Hybrid
a. > 15 years	0	0	0	0
b. 15 Years or less	0	0	0	0
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	0	0	0	0
Adjustable Rate > 1 yr	0	0	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	37	1,039,782	4	70,000
Closed-End Adjustable Rate	0	0	0	0
Open-End Adjustable Rate	0	0	0	0
Open-End Fixed Rate	0	0	0	0
TOTALS	83	2,989,087	10	524,700

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	0	0		0
Interest Only & Payment Option Other RE/LOC Loans	0	0		0
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Vermillion Federal 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	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	Yes