Fergus Falls, MN 56537
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Notable Rates APY Vs.Others
Savings 0.05% 1.40% →
1-Year CD 1.00% 1.15% →
2-Year CD 1.35% 1.26% →
5-Year CD N.A. 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Otter Tail is an NCUA insured institution located in Fergus Falls, MN. It was founded in 1954 and has approximately $14.44 millions in assets.

NCUA Insured Yes
Charter Number # # 64343
Date Established 1954
Assets $14.44 million
Loans $5.52 million
Deposits $12.99 million
Capital $1.43 million

Deposit Rates - July 3, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.05% $25 - Learn More
Money Market
0.25% $500 - Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.40% $500 - Learn More
6 Mo CD
0.60% $500 - Learn More
12 Mo CD
1.00% $500 - Learn More
18 Mo CD
1.10% $500 - Learn More
24 Mo CD
1.35% $500 - Learn More
Variable IRA Rates APY MIN MAX
0.75% $500 - Learn MoreShow Less

Loan Rates - July 3, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for OTTER TAIL

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 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
NMLS ID: 2890
License#: 13256
3.039% 3.000% 0.50 $1,250 $1,055 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
People's United Bank, N.A.
People's United Bank, N.A.
4.000 %
$0 Learn More
More Info
PenFed Credit Union
PenFed Credit Union
3.750 %
$0 Learn More
More Info

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


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

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Otter Tail Locations

Financial Details

Otter Tail Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Otter Tail. 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
Otter Tail U.S. Average
0.77% 5.92

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 September 30, 2019, Otter Tail had $10,241 in non-current loans and $1,000 in owned assets. To cover these potential losses it had $1,431,973 in net worth and $26,699 in loans loss reserves. That gives it a Texas Ratio of 0.77%.

Net Worth
Otter Tail U.S. Average
9.91% 13.86%

Otter Tail FCU has a net worth of 9.91% versus the BestCashCow average of 13.86. 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 Otter Tail

Branches and Savings

What is Otter Tail?

A federal credit union, registered with the NCUA under certificate #64343.
Learn more about credit unions here.

Is Otter Tail 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 Otter Tail?

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

What are Otter Tail's share account and share certificate rates?

Otter Tail'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 Otter Tail?

Otter Tail has total capital of $1.43 million. Full information on Otter Tail's financial position is located above.

Who owns Otter Tail?

Credit Unions are owned by their members.

Where are Otter Tail branches located?

See branch locations nearby.

Are Otter Tail ATMs Open 24/7?

Do Otter Tail ATMs accept cash deposits?

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

Does Otter Tail have a mobile app?

Does Otter Tail have mobile deposit?

Does Otter Tail have quick pay?

How can Otter Tail transfer money to other banks or credit unions?

Does Otter Tail report to credit bureaus?

Does Otter Tail use Chexsystems?

Does Otter Tail use Equifax?

What is Otter Tail's toll free phone number?

What is Otter Tail's ACH Routing Number?

What is Otter Tail's SWIFT code?

Where can I find Otter Tail's wire transfer form?

What is the Otter Tail address for deposits?

What Products Does Otter Tail Offer

Does Otter Tail offer mortgages?

Compare mortgage rates here.

Does Otter Tail offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Otter Tail offer auto and RV loans?

Compare auto loan rates here.

Does Otter Tail offer student loans or personal loans?

Compare personal loan rates here.

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