Red Wing Credit Union

A short history of Red Wing CU

Since its inception in 1954 the Red Wing Credit Union has been serving its members in the RED WING, 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 Aaron DeJong, the Red Wing CU has grown its membership to over 7,803 with assets of more than $98,498,824. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (651) 388-7133 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in RED WING, MN.

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

Compare Red Wing Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Ae Goetze Employees CU	Main Office	201 N 8th St	55041	(651) 345-5210	No	13.50

Red Wing Credit Union Financial Performance Charts

Financial Data

Red Wing 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	11.68	3.93	4.28	3.66	4.96
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	391	266	237	90	225
Rank Among All Minnesota Credit Unions	29	51	45	12	26

Red Wing Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.08	0.25	0.41	0.70	0.71
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	120	95	73	224	198
Rank Among All Minnesota Credit Unions	9	8	8	25	17

Red Wing Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	11.680	1,174	1,523,376
All Other Unsecured Loans/Lines of Credit	12.730	897	1,737,279
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	3.930	210	4,978,919
Used Vehicle Loans	4.280	1,280	12,614,595
Total 1st Mortgage Real Estate Loans/Lines of Credit	3.660	174	12,939,849
Total Other Real Estate Loans/Lines of Credit	4.960	294	8,210,675
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	5.080	488	7,029,284
TOTAL LOANS & LEASES		4,517	49,033,977

Red Wing 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	166	11,198,588	31	2,860,241
Balloon/Hybrid
a. > 15 years	0	0	0	0
b. 15 Years or less	8	1,741,261	2	176,000
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	127	4,203,200	4	160,925
Closed-End Adjustable Rate	0	0	0	0
Open-End Adjustable Rate	167	4,007,475	22	1,214,780
Open-End Fixed Rate	0	0	0	0
TOTALS	468	21,150,524	59	4,411,946

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	3	112,691		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

Red Wing 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