MID MINNESOTA Credit Union Profile

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MID MINNESOTA

Charter #20194 | NCUA Region 3 | FCU

Low-Income Designation: No

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (218) 829-0371

Fax: (218) 822-2455

Founding Date: N/A

Website: http://www.mmfcu.org

Personnel & Operations

President: Lange, Greg

Manager: Gerads, Bob

FT Employees: 175

PT Employees: 1

Designations & Ratios

MDI Status: No

RBC Ratio: 12.33%

Membership Type: 66

Branches: 12

Hours: Monday - Friday Lobby: 8:30am-5:00pm Drive

Credit Union Profile Summary

MID MINNESOTA is a FCU Credit Union. With a total of 65,557 members ^[1], this institution manages approximately $778,865,144 in total assets ^[1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 9.13% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 7.65% ^[1].

Financial Snapshot

Total Assets ^[1]

$778,865,144

Total economic resources.

Total Loans ^[1]

$648,238,471

Total value of outstanding loans.

Total Deposits ^[1]

$698,567,505

Total funds deposited by members.

Members ^[1]

65,557

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

9.13%

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]

0.74%

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

Loan-to-Share Ratio ^[1]

92.80%

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

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 3.90%

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

Loan Growth (4Q) ^[1]

↑ 7.65%

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

Member Growth (4Q) ^[1]

↑ 4.38%

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

Headquarters Location & Map

Headquarters Address

13283 Isle Dr

Baxter, MN, 56425-8554

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 11 branches reported by MID MINNESOTA (Charter #20194).

Main Office

Mid Minnesota Federal Credit Union Main Office

Type: Corporate Office

Type: Branch Office

217 Jefferson St N

Wadena, MN 56482

Phone: (218) 631-1401

Services: Member Services

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