MINNESOTA VALLEY

PO BOX 4399
Mankato, MN 56002

Notable Rates APY Vs.Others
Savings 0.30% 2.25% →
1-Year CD 1.36% 2.25% →
2-Year CD 1.56% 2.50% →
5-Year CD 2.67% 2.80% →
30-Year Mortgage N.A. 3.31% →
15-Year Mortgage N.A. 2.77% →
HELOC N.A. 4.00% →

2019 Overview

General Credit Union Information

Minnesota Valley is an NCUA insured institution located in Mankato, MN. It was founded in 1934 and has approximately $176.99 millions in assets.

NCUA Insured Yes
Charter Number # # 19440
Date Established 1934
Assets $176.99 million
Loans $106.79 million
Deposits $158.50 million
Capital $17.85 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship, attend school, or volunteer in and businesses and other legal entities located in Blue Earth, Nicollet, or LeSueur counties; or have an immediate family member who is a member.

Deposit Rates - December 14, 2019

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.45% $1,000 $4,999 Learn MoreShow Less
Money Market
0.45% $10,000 $19,999 Learn MoreShow Less
Money Market
0.45% $20,000 $39,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.46% $500 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
1.11% $500 - Learn MoreShow Less
6 Mo CD
1.16% $500 - Learn MoreShow Less
12 Mo CD
1.36% $500 - Learn MoreShow Less
18 Mo CD
1.51% $500 - Learn MoreShow Less
24 Mo CD
1.56% $500 - Learn MoreShow Less
30 Mo CD
1.66% $500 - Learn MoreShow Less
36 Mo CD
2.16% $500 - Learn MoreShow Less
48 Mo CD
2.42% $500 - Learn MoreShow Less
60 Mo CD
2.67% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.90% $1 - Learn MoreShow Less

Loan Rates - December 14, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for MINNESOTA VALLEY

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

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
5.034% 4.990% 0.00 $1,250 $1,341 Learn More
First Internet Bank
NMLS ID: 424182
3.537% 3.500% 0.50 $1,162 $1,123 Learn More
Rocket Mortgage
NMLS ID: 3030
4.919% 4.875% 0.00 $1,250 $1,324 Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.625% 3.625% -0.13 ($222) $1,141 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
5.000 %
$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

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



Branches

Below are Minnesota Valley 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:
Fairfield,Connecticut


Minnesota Valley Locations


Financial Details

Minnesota Valley Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Minnesota Valley. 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
Minnesota Valley U.S. Average
3.53% 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, Minnesota Valley had $597,823 in non-current loans and $45,503 in owned assets. To cover these potential losses it had $17,850,312 in net worth and $381,781 in loans loss reserves. That gives it a Texas Ratio of 3.53%.

Net Worth
Minnesota Valley U.S. Average
10.08% 13.65%

Minnesota Valley FCU has a net worth of 10.08% 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 Minnesota Valley

Branches and Savings

What is Minnesota Valley?

A federal credit union, registered with the NCUA under certificate #19440.
Learn more about credit unions here.

Is Minnesota Valley 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 Minnesota Valley?

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

What are Minnesota Valley's share account and share certificate rates?

Minnesota Valley'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 Minnesota Valley?

Minnesota Valley has total capital of $17.85 million. Full information on Minnesota Valley's financial position is located above.

Who owns Minnesota Valley?

Credit Unions are owned by their members.

Where are Minnesota Valley branches located?

See branch locations nearby.

Are Minnesota Valley ATMs Open 24/7?

Do Minnesota Valley ATMs accept cash deposits?

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

Does Minnesota Valley have a mobile app?

Does Minnesota Valley have mobile deposit?

Does Minnesota Valley have quick pay?

How can Minnesota Valley transfer money to other banks or credit unions?

Does Minnesota Valley report to credit bureaus?

Does Minnesota Valley use Chexsystems?

Does Minnesota Valley use Equifax?

What is Minnesota Valley's toll free phone number?

What is Minnesota Valley's ACH Routing Number?

What is Minnesota Valley's SWIFT code?

Where can I find Minnesota Valley's wire transfer form?

What is the Minnesota Valley address for deposits?

What Products Does Minnesota Valley Offer

Does Minnesota Valley offer mortgages?

Compare mortgage rates here.

Does Minnesota Valley offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Minnesota Valley offer auto and RV loans?

Compare auto loan rates here.

Does Minnesota Valley offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Minnesota Valley

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

Add Your Review

Rate it here →