Members Cooperative Credit Union was founded in 1936. Headquartered in Cloquet, Minnesota, Members Cooperative Credit Union is a state chartered and federally insured credit union, being chartered in Minnesota and insured through the National Credit Union Share Insurance Fund (NCUSIF). Members Cooperative Credit Union is also a member of the , which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, Members Cooperative Credit Union services 45,969 members through its 10 offices and branches and 176 full-time and 4 part-time employees. It has $630,208,071 of total assets and $78,341,657 of net worth. Based on its asset size and net worth ratio, Members Cooperative Credit Union is classified as a Well Capitalized large credit union.
Members Cooperative Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Members Cooperative Credit Union also provides an array of services to its members and local communities. Members Cooperative Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of Members Cooperative Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Minnesota and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
Members Cooperative Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Members Cooperative Credit Union.
Electronic Banking Service Offerings
As a community financial institution, Members Cooperative Credit Union actively involves in local communities by prliding services such as financial education, financial literacy workshops, and first tim home buyer programs.
Community and other Service Offerings
18 1st St Ne
Aitkin, MN 56431
952 Woodland Ave # 960
Duluth, MN 55812-1113
101 14th St
Cloquet, MN 55720
215 N 40th Ave W
Duluth, MN 55807
210 6th Ave Ne Suite 1
Isanti, MN 55040
149 W Highway 210
Mcgregor, MN 55760
605 W Central Entrance
Duluth, MN 55811-5448
301 Elm Ave
Moose Lake, MN 55767
6241 Main St
North Branch, MN 55056-6597
406 Commercial Ave N
Sandstone, MN 55072