4628 Mike Colalillo Dr
Duluth, MN 55807

Notable Rates APY Vs.Others
Savings 0.10% 2.20% →
1-Year CD 1.65% 2.20% →
2-Year CD 1.90% 2.20% →
5-Year CD 2.50% 2.60% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2020 Overview

General Credit Union Information

Members Cooperative is an NCUA insured institution located in Duluth, MN. It was founded in 1936 and has approximately $768.32 millions in assets.

Who can join?

You can become a member if you meet any of these criteria:

You live, work, worship or attend school within Aitkin, Carlton, Cook, Itasca, Koochiching, Lake or St. Louis Counties

You own a businesses or other legal entity within the counties listed

You, or a family member, are a past or present employee of MCCU

You are related by descent, adoption, marriage or domestic partnership to a person meeting one of the above criteria

NCUA Insured Yes
Charter Number # # 60216
Date Established 1936
Assets $768.32 million
Loans $596.69 million
Deposits $652.48 million
Capital $90.71 million

Field of Membership Restrictions

Membership in Members Cooperative Credit Union is open to those who live, work, attend school, or worship in Aitkin, Carlton, Chisago, Cook, Isanti, Itasca, Kanabec, Koochiching, Lake, Pine, St. Louis, or Washington Counties in Minnesota.

Deposit Rates - February 26, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.15% $2,500 $9,999 Learn MoreShow Less
Money Market
0.25% $10,000 $49,999 Learn MoreShow Less
Premium Money Market Account
0.40% $10,000 $24,999 Learn MoreShow Less
Premium Money Market Account
0.50% $25,000 $49,999 Learn MoreShow Less
1.45% $1,000 $49,999 Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
0.50% $1,000 $49,999 Learn MoreShow Less
3 Mo CD
0.60% $100,000 - Learn MoreShow Less
0.55% $1,000 $49,999 Learn MoreShow Less
6 Mo CD
0.65% $100,000 - Learn MoreShow Less
1.45% $1,000 $49,999 Learn MoreShow Less
12 Mo CD
1.65% $100,000 - Learn MoreShow Less
1.70% $1,000 $49,999 Learn MoreShow Less
24 Mo CD
1.90% $100,000 - Learn MoreShow Less
2.00% $1,000 $49,999 Learn MoreShow Less
36 Mo CD
2.20% $100,000 - Learn MoreShow Less
2.15% $1,000 $49,999 Learn MoreShow Less
48 Mo CD
2.40% $100,000 - Learn MoreShow Less
2.20% $1,000 $49,999 Learn MoreShow Less
60 Mo CD
2.50% $100,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
0.45% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 - Learn MoreShow Less

Loan Rates - February 26, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MEMBERS COOPERATIVE

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: MC-3098
3.158% 3.125% 0.38 $1,030 $1,071 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
Rocket Mortgage
NMLS ID: 3030
4.793% 4.750% 0.00 $1,250 $1,305 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.740 %
$0 Learn More
More Info
Bethpage Federal Credit Union
Bethpage Federal Credit Union
Intro APR
3.990 %
After Intro: 5.000 %
Intro Period: 12 months
$25,000 Learn More
More Info

To upload and update your bank's rates please register. It is free to register and add rates.


Below are Members Cooperative branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:

Members Cooperative Locations

Financial Details

Members Cooperative Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Members Cooperative. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Members Cooperative U.S. Average
8.36% 5.86

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of June 30, 2019, Members Cooperative had $6,513,493 in non-current loans and $1,386,371 in owned assets. To cover these potential losses it had $90,706,903 in net worth and $3,811,286 in loans loss reserves. That gives it a Texas Ratio of 8.36%.

Net Worth
Members Cooperative U.S. Average
11.8% 13.65%

Members Cooperative FCU has a net worth of 11.8% versus the BestCashCow average of 13.65. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Members Cooperative

Branches and Savings

What is Members Cooperative?

A federal credit union, registered with the NCUA under certificate #60216.
Learn more about credit unions here.

Is Members Cooperative FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Members Cooperative?

Please see Field of Membership information above for information on who is eligible to join.

What are Members Cooperative's share account and share certificate rates?

Members Cooperative's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Members Cooperative?

Members Cooperative has total capital of $90.71 million. Full information on Members Cooperative's financial position is located above.

Who owns Members Cooperative?

Credit Unions are owned by their members.

Where are Members Cooperative branches located?

See branch locations nearby.

Are Members Cooperative ATMs Open 24/7?

Do Members Cooperative ATMs accept cash deposits?

Can Members Cooperative customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Members Cooperative have a mobile app?

Does Members Cooperative have mobile deposit?

Does Members Cooperative have quick pay?

How can Members Cooperative transfer money to other banks or credit unions?

Does Members Cooperative report to credit bureaus?

Does Members Cooperative use Chexsystems?

Does Members Cooperative use Equifax?

What is Members Cooperative's toll free phone number?

What is Members Cooperative's ACH Routing Number?

What is Members Cooperative's SWIFT code?

Where can I find Members Cooperative's wire transfer form?

What is the Members Cooperative address for deposits?

What Products Does Members Cooperative Offer

Does Members Cooperative offer mortgages?

Compare mortgage rates here.

Does Members Cooperative offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Members Cooperative offer auto and RV loans?

Compare auto loan rates here.

Does Members Cooperative offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Members Cooperative

There are currently no comments for Members Cooperative. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →