ASHLAND CREDIT UNION - Cottage Grove, MN

Welcome to the Cottage Grove Branch of Ashland Credit Union, your trusted financial partner since 1942. Located at 8711 E Point Douglas Rd S Ste 101, Cottage Grove, MN 55016, we are committed to serving our community with integrity and care. With over 44,000 members and total assets exceeding $402 million, we pride ourselves on being a reliable resource for all your banking needs. At Ashland Credit Union, we understand that managing your finances is personal. That's why we offer a wide range of services tailored to fit your lifestyle, including checking and savings accounts, auto loans, mortgage options, and credit cards with rewards. Our dedicated team, led by CEO Larry Lucas and Board President Marita Werner, is here to provide you with personalized solutions that help you achieve your financial goals. While members can visit us at our Cottage Grove branch for in-person assistance or to use our ATM and drive-thru services, official correspondence should be sent to the same address listed above. With total deposits amounting to $45.4 million and net worth standing at $46.9 million, our strong financial foundation reflects our commitment to the members we serve. We invite you to explore the many ways Ashland Credit Union can support your financial journey. If you're looking for an engaging and friendly banking experience, don't hesitate to give us a call at 651-459-1061 or visit us online at ashlandcu.org. Your future starts here!

At Ashland, we believe that everyone deserves a chance to be part of a caring community where your financial needs are prioritized. Becoming a member is simple and welcoming! If you live, work, worship, or attend school in the Cottage Grove area, you're likely eligible to join us. We also encourage family members of current members to apply. This means that by joining Ashland, you gain access to our personalized services, competitive rates, and a supportive team dedicated to helping you thrive financially. To get started on your journey with us, check out the detailed eligibility criteria at . It's straightforward and designed to ensure that everyone feels included. When you're ready to open an account, just visit us at our branch located at 8711 E Point Douglas Rd S Ste 101 Cottage Grove Mn 55016, or give us a call at (651) 459-1061 for any questions you might have. We're excited to welcome you into our family!

At Ashland, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We want you to feel confident in your choice to bank with us, knowing we are committed to maintaining a strong financial foundation. With a net worth of $46,874,181, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,164 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $166,473,725 in share certificates and $97,437,656 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $46,464,679 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust: we have $4,294 in used auto loans and a total of $293,931,371 in loans and leases available to support your financial goals across various sectors. Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 84 full-time employees and 4 part-time employees who are always ready to serve you with a knowledgeable, committed team. In total, we manage 72,877 share accounts that show a strong and growing member base trusting us with their finances. Our net shares amount to $1,187,611, reinforcing our capability for lending and investments. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Ashland is your trusted partner. Visit us at 8711 E Point Douglas Rd S Ste 101 Cottage Grove Mn 55016 or call (651) 459-1061 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.