MINNESOTA VALLEY Credit Union Profile

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MINNESOTA VALLEY

Charter #19440 | NCUA Region 3 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (507) 387-3055

Fax: (507) 387-5235

Founding Date: N/A

Website: HTTP://WWW.MNVALLEYFCU.COOP

Personnel & Operations

President: Erdman, Steve

Manager: Meyer, Nick

FT Employees: 34

PT Employees: 6

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 00

Branches: 3

Hours: M-F 7:30am-5:30pm Sat 8:00am-12:00pm

Credit Union Profile Summary

MINNESOTA VALLEY is a FCU Credit Union. With a total of 18,306 members [1], this institution manages approximately $314,957,495 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 10.83% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 8.17% [1].

Financial Snapshot

Total Assets [1]
$314,957,495

Total economic resources.

Total Loans [1]
$160,278,400

Total value of outstanding loans.

Total Deposits [1]
$279,283,219

Total funds deposited by members.

Members [1]
18,306

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.83%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.79%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
57.39%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
8.16%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
8.17%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
1.42%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1640 Adams St

Mankato, MN, 56001

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 3 branches reported by MINNESOTA VALLEY (Charter #19440).

Main Office

LOR Main Office

Type: Corporate Office

1640 Adams St

Mankato, MN 56001

Phone: (507) 387-3055

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Mankato

DRL

Type: Branch Office

100 Memorial View Ct

Mankato, MN 56001

Phone: (507) 386-8671

Services: Member Services, ATM, Drive-Thru

Open in Directions

Georges Place

Type: Branch Office

208 N Broad St

Mankato, MN 56001

Phone: (507) 387-3055

Services: None specified

Open in Directions