Co-op Of Montevideo Credit Union

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A short history of Co-op Of Montevideo CU

Since its inception in 1940 the Co-op Of Montevideo Credit Union has been serving its members in the Montevideo, 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 Kayla Reiffenberger, the Co-op Of Montevideo CU has grown its membership to over 13,314 with assets of more than $176,185,037. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (320) 269-2117 or email them at ccu@co-opcreditunion.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Montevideo, MN.

General Information For Co-op Of Montevideo CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 62419
Address PO Box 447 
City Montevideo 
State Minnesota 
Zip-Code 56265
Phone Number (320) 269-2117
Fax Number (320) 269-2118
Email Address: ccu@co-opcreditunion.com
CEO/President Kayla Reiffenberger
Members 13,314 
Full-Time Employees 35 
Part-Time Employees
Number of Branch Offices
Total Assets 176,185,037 
Website http://www.co-opcreditunion.com 

Compare Co-op Of Montevideo Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Dawson Co-op CU Dawson Co-op Credit Union 711 6th St 56232 (320) 769-2908 No 18.57

Co-op Of Montevideo Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Co-op Of Montevideo 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 15.75 4.00 5.25 4.75 5.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 533 282 356 238 317
Rank Among All Minnesota Credit Unions 42 54 60 31 40

Co-op Of Montevideo Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.15 0.25 0.50 0.65 0.75
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 108 95 60 234 192
Rank Among All Minnesota Credit Unions 7 8 4 26 15
Co-op Of Montevideo Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 15.7501,119871,465
All Other Unsecured Loans/Lines of Credit 16.5001,0461,501,433
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.0002405,126,708
Used Vehicle Loans 5.2501,99919,012,620
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.75054749,498,995
Total Other Real Estate Loans/Lines of Credit 5.7501624,532,960
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.0001,49353,967,651
TOTAL LOANS & LEASES 6,606134,511,832

Co-op Of Montevideo 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 283,934,827161,219,755
    b. 15 Years or less 142,142,9474567,900
Balloon/Hybrid
    a. > 15 years 3715,169,02551,679,400
    b. 15 Years or less 46728,147,196584,865,765
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 1105,00011,050,000

OTHER REAL ESTATE

Closed-End Fixed Rate 1624,532,96026742,956
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 70954,031,95511010,125,776

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

Co-op Of Montevideo 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 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 Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes