DEER RIVER COOPERATIVE CREDIT UNION

Welcome to Deer River Cooperative, a trusted financial partner in the heart of Deer River, MN. Established in 1938, our credit union has proudly served the community for over 85 years, fostering a spirit of cooperation and support among our 2,017 members. At our branch located at 51 2Nd St Se, we are dedicated to providing personalized banking solutions that help you achieve your financial goals. As of today, we boast impressive assets totaling $28,098,135 and manage loans amounting to 750. Our commitment to responsible lending is reflected in our total deposits of $1,008,403, ensuring that your hard-earned money is safe with us. Under the leadership of CEO Mary Goggleye and Board President Charles Isaacs, we strive to create an environment where every member feels valued and empowered. While members can visit us at our Deer River location, official correspondence should be sent to our mailing address: PO BOX 158, DEER RIVER, MN 56636. Our friendly team of 6 employees is here to assist you from 9 AM to 5 PM, Monday through Friday. Whether you're looking for personal banking options like checking and savings accounts or exploring auto loans and mortgages, we have tailored services just for you. At Deer River Cooperative, we believe in making a positive impact within our community while offering competitive rates on loans and shares. With a net worth of $2,928,573 and cash reserves of $191,656, we ensure that we are well-positioned to support our members' needs effectively. We invite you to learn more about how we can help you thrive financially. Visit us online at DRCCU.COM or call us at 218-246-8777 today! Your journey toward financial wellness starts here with Deer River Cooperative where community meets opportunity.

Welcome to Deer River Cooperative, your friendly local credit union located at 51 2Nd St SE in the heart of Deer River, MN. We're proud to serve our community with a convenient branch that's easy to access for all your banking needs. Whether you're stopping by for personal banking services or to discuss loan options, our welcoming team is here to assist you. Our branch is situated near the picturesque Deer River, making it a familiar spot for many locals. Plus, we have ample parking available to ensure your visit is hassle-free. For those who may need assistance, our location complies with ADA standards and features ramps for easy access. At Deer River Cooperative, we're open Monday through Friday from 9 AM to 5 PM, ready to help you manage your finances. While we currently don't offer ATM or drive-thru services, our dedicated staff is always on hand to provide personalized support inside the branch. For any official correspondence, please send mail to PO BOX 158, Deer River, MN 56636. If you have questions or need further assistance, don't hesitate to call us at 218-246-8777. We look forward to welcoming you into our community-focused credit union!

Becoming a member of Deer River Cooperative is like joining a warm and welcoming family that's dedicated to your financial well-being. If you live, work, worship, or attend school in the Deer River area, you're already on the path to membership! We believe in making banking accessible for everyone, so we invite anyone who meets these simple criteria to join us. By becoming a member, you'll not only gain access to a range of personalized financial products and services, but you'll also benefit from lower fees and better rates compared to traditional banks. Ready to take the next step? Opening an account at Deer River Cooperative is straightforward and can be done by visiting us at our branch located at 51 2Nd St Se Deer River Mn 56636 or giving us a call at (218) 246-8777. For more detailed information about eligibility requirements, feel free to check out our website at . We look forward to welcoming you into our community!

At Deer River Cooperative, we understand that every business has unique needs and ambitions. Whether you are a startup looking for your first loan or an established company ready to expand, our tailored business banking solutions can help you thrive. Picture a local coffee shop that wants to renovate its space or a construction firm needing new equipment. We are here to provide the support they need with our commercial loans. Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses. In addition to loans, we offer merchant services that simplify payment processing, making it easier for you to manage transactions and serve your customers efficiently. Our focus is on ensuring your operations run smoothly so you can concentrate on what matters most growing your business. Visit us at 51 2Nd St Se Deer River Mn 56636 in Deer River, MN or call us at (218) 246-8777 to learn how we can help take your business to the next level!

At Deer River Cooperative, 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 are dedicated to maintaining a strong financial foundation, ensuring that your money is safe and working for you. With a net worth of $2,928,573, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 10.41% 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 $3,560,333 in share certificates, 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 $2,296,782 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports members' financial goals across various sectors with $2,381,567 in total loans and leases and 185 used auto loans. Our $183,262 net income 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 5 full-time employees and 1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Total Share Accounts stand at 3,235, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Deer River Cooperative is your trusted partner. Visit us at 51 2Nd St Se Deer River Mn 56636 or call 218-246-8777 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.