West Metro Schools Credit Union

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A short history of West Metro Schools CU

Since its inception in 1954 the West Metro Schools Credit Union has been serving its members in the HOPKINS, 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 Crystal Schuman, the West Metro Schools CU has grown its membership to over 2,461 with assets of more than $28,760,788. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (952) 988-4165 or email them at info@westmetroschoolscu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in HOPKINS, MN.

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

Charter Number 62726
Address 1001 HIGHWAY 7 
City HOPKINS 
State Minnesota 
Zip-Code 55305
Phone Number (952) 988-4165
Fax Number (952) 988-4167
Email Address: info@westmetroschoolscu.org
CEO/President Crystal Schuman
Members 2,461 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 28,760,788 
Website http://westmetroschoolscu.org 

Compare West Metro Schools Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Peoples Community CU PEOPLES CCU 1541 Highway 7 55305 (952) 932-4499 No 1.54
Mill City Credit Union CU Administration 9999 Wayzata Blvd 55305 (763) 764-6900 No 2.03
Sharepoint CU Corporate Office 5300 Hyland Greens Dr 55437 (952) 930-0700 No 2.75
Trustone Financial CU Burnsville 14300 Nicollet Ct 55306 (800) 862-1998 No 4.22
Eaton Employees CU Main 14900 Technology Dr 55344 (952) 937-7175 No 6.74

West Metro Schools Credit Union Financial Performance Charts


Performance Charts

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Financial Data


West Metro Schools 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 11.00 2.95 3.95 5.00 5.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 341 139 195 268 229
Rank Among All Minnesota Credit Unions 28 25 34 35 28

West Metro Schools Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.20 0.25 0.65 0.40
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 108 105 234 243
Rank Among All Minnesota Credit Unions 8 10 18 26 28
West Metro Schools Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.000456657,338
All Other Unsecured Loans/Lines of Credit 9.9005852,363,930
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.95052913,475
Used Vehicle Loans 3.9504645,331,523
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.000311,148,200
Total Other Real Estate Loans/Lines of Credit 5.0001113,309,920
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.95039359,685
TOTAL LOANS & LEASES 1,73814,084,071

West Metro Schools 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 443,18100
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 271,105,01900

OTHER REAL ESTATE

Closed-End Fixed Rate 311,16400
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1083,298,75620807,879
Open-End Fixed Rate 0000
TOTALS 1424,458,12020807,879

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

West Metro Schools 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 Yes
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes