Fulda Area Credit Union

A short history of Fulda Area CU

Since its inception in 1986 the Fulda Area Credit Union has been serving its members in the FULDA, 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 Linda Jacobson, the Fulda Area CU has grown its membership to over 8,835 with assets of more than $108,159,333. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (507) 425-2544 or email them at fulda@centurytel.net to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in FULDA, MN.

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

Compare Fulda Area Credit Union To Other Local Credit Unions

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Branch Name

Address

Zip Code

Phone Number

ATM Access

Distance (Miles)

Fulda Area Credit Union Financial Performance Charts

Financial Data

Fulda Area 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	3.25	8.75	4.50	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	341	174	679	205	317
Rank Among All Minnesota Credit Unions	28	35	82	28	40

Fulda Area Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.25	0.35	0.60	1.00	1.30
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	95	81	48	174	118
Rank Among All Minnesota Credit Unions	6	6	2	15	4

Fulda Area Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	11.000	631	1,054,770
All Other Unsecured Loans/Lines of Credit	9.000	883	1,752,023
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	6.300	988	2,085,340
New Vehicle Loans	3.250	59	1,310,728
Used Vehicle Loans	8.750	1,561	14,491,148
Total 1st Mortgage Real Estate Loans/Lines of Credit	4.500	703	47,515,394
Total Other Real Estate Loans/Lines of Credit	5.750	46	895,192
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	4.750	621	20,501,536
TOTAL LOANS & LEASES		5,492	89,606,131

Fulda Area 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	0	0	0	0
b. 15 Years or less	119	3,563,072	5	160,000
Balloon/Hybrid
a. > 15 years	512	37,048,797	56	5,313,646
b. 15 Years or less	43	5,918,345	9	1,399,205
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	0	0	0	0
Adjustable Rate > 1 yr	29	985,180	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	23	558,928	2	22,528
Closed-End Adjustable Rate	2	11,778	0	0
Open-End Adjustable Rate	0	0	0	0
Open-End Fixed Rate	21	324,486	4	76,679
TOTALS	749	48,410,586	76	6,972,058

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	23	976,183		355,612
Interest Only & Payment Option Other RE/LOC Loans	7	113,204		84,592
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Fulda Area Credit Union Member Offerings

First Time Homebuyer Program	No
Real Estate Loans	Yes
Pay Day Lending	No
Share Secured Credit Cards	Yes
Overdraft Protection/Courtesy Pay	Yes
Overdraft Lines of Credit	Yes
ATM/Debit Card Program	Yes
Interest Only and Payment Option 1st Mortgage Loans	Yes
Check Cashing	Yes
Money Orders	Yes
No Surcharge ATMs	Yes
Home Banking Via Internet Website	Yes