CO-OP CREDIT UNION OF MONTEVIDEO Credit Union Profile

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CO-OP CREDIT UNION OF MONTEVIDEO

Charter #62419 | NCUA Region 3 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (320) 269-2117

Fax: (320) 269-2118

Founding Date: N/A

Website: http://www.co-opcreditunion.com

Personnel & Operations

President: Stryhn, Jennifer

Manager: Reiffenberger, Kayla

FT Employees: 44

PT Employees: 8

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 4

Hours: 9am-4 pm Monday-Wed and Friday 9am-8 pm T

Credit Union Profile Summary

CO-OP CREDIT UNION OF MONTEVIDEO is a FISCU Credit Union. With a total of 17,468 members [1], this institution manages approximately $384,256,765 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 15.31% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 8.90% [1].

Financial Snapshot

Total Assets [1]
$384,256,765

Total economic resources.

Total Loans [1]
$264,873,227

Total value of outstanding loans.

Total Deposits [1]
$321,566,760

Total funds deposited by members.

Members [1]
17,468

Number of active members.

Performance Ratios

Net Worth Ratio [1]
15.31%

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]
1.53%

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

Loan-to-Share Ratio [1]
82.37%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
5.78%

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

Loan Growth (4Q) [1]
8.90%

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

Member Growth (4Q) [1]
2.87%

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

Headquarters Location & Map

Headquarters Address

2407 E Highway 7

Montevideo, MN, 56265-3151

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 4 branches reported by CO-OP CREDIT UNION OF MONTEVIDEO (Charter #62419).

Main Office

Co-op Credit Union of Montevideo Main Office

Type: Corporate Office

2407 E Highway 7

Montevideo, MN 56265-3151

Phone: (320) 269-2117

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Benson

Co-op Credit Union

Type: Branch Office

1501 Minnesota Ave

Benson, MN 56215

Phone: (320) 843-4210

Services: Member Services, Drive-Thru

Open in Directions

Canby

Co-op Credit Union

Type: Branch Office

1003 Saint Olaf Ave N

Canby, MN 56220-1133

Phone: (507) 223-5737

Services: Member Services

Open in Directions

Willmar

Co-op Credit Union

Type: Branch Office

1801 5th St SE

Willmar, MN 56201

Phone: (320) 235-1573

Services: Member Services, ATM, Drive-Thru

Open in Directions