Members Cooperative Credit Union Duluth MN | Affordable Vehicle Loans & Business Banking

Introduction

Welcome to Members Cooperative, your trusted partner in financial well-being, located at 952 Woodland Ave 960, Duluth, MN 55812. Since our establishment in 1936, we have dedicated ourselves to serving our community with integrity and compassion. With a proud membership base of over 55,856 individuals, we strive to offer personalized financial solutions that cater to the unique needs of each member. At Members Cooperative, we believe in empowering our members through accessible banking services. Our total assets now stand at an impressive $1,141,915,251, ensuring that we can support you with everything from auto loans to personal savings accounts. Currently, we hold $45,865,172 in deposits and have issued a total of 26,958 loans and leases evidence of our commitment to helping you achieve your financial goals. While members can visit us at the branch for face-to-face assistance and our convenient drive-thru service, official correspondence should be sent to our mailing address: 215 N 40TH AVE W, Duluth, MN 55807. Under the leadership of CEO Stephen Ewers and Board President Doris Dahl, our team of 201 employees is ready to guide you on your financial journey. We take pride in providing a warm atmosphere where everyone feels welcomed. Whether you're looking to open a new account or explore loan options, we're here for you. Feel free to reach out to us at (218) 625-8500 or visit our website at www.membersccu.org for more information about how we can assist you today! Your financial future starts here at Members Cooperative.

Branch History & Mission

Community Commitment

While you can visit us at 952 Woodland Ave 960, official correspondence should be sent to 215 N 40TH AVE W, DULUTH, MN 55807. Our branch is equipped with modern conveniences such as ATM availability and drive-thru banking services for your ease. We're proud to be a part of Duluth's vibrant landscape and actively engage in various outreach programs that contribute to local initiatives. We embrace technology by offering online and mobile banking options that ensure you can manage your finances whenever and wherever you need them. Our commitment extends beyond just financial transactions; we prioritize creating an inclusive environment where all members feel valued.

Join Us

With operating hours from 9:00 AM to 6:00 PM Monday through Friday, we're here for you when you need us most. Whether you're looking for expert advice or want to explore our extensive range of products like credit cards with rewards or debt consolidation loans, we're ready to assist. We invite you to join Members Cooperative today! Experience firsthand how we can help you achieve your financial goals while being part of a community-focused credit union dedicated to serving its members with integrity and care. For more information or inquiries, don't hesitate to call us at 218-625-8500 or visit our website at Members Cooperative. Together, let's build a brighter future!

Our Journey

Since our inception at 952 Woodland Ave 960, we have evolved significantly over the decades. In the early days, we focused on providing basic banking services to local families and businesses. As our membership grew, so did our offerings. Today, we provide a wide range of services including personal banking, auto loans, mortgage options, business banking, and online services all designed to meet the diverse needs of our community. Our mission is simple yet profound: to empower our members through accessible financial solutions while supporting the growth and well-being of our community. We believe that when our members thrive, so does our community.

Branch Location & Accessibility

Welcome to Members Cooperative, your friendly neighborhood credit union located at 952 Woodland Ave in Duluth, MN. Our branch is designed with your convenience in mind, making it easy for you to access the financial services you need. Whether you're stopping by for a quick transaction or seeking assistance with a loan, we're here to help! If you need to send official correspondence, please note that our mailing address is different: 215 N 40TH AVE W, Duluth, MN 55807. This way, you can easily reach us no matter the purpose of your visit. Nestled in Saint Louis County, our branch is near popular local spots like the University of Minnesota Duluth and the beautiful Chester Park. Parking is ample and accessible, ensuring that everyone can visit us without hassle. We're proud to be ADA compliant, featuring ramps and other accessibility options for those who need them. Our doors are open Monday through Friday from 9:00 AM to 6:00 PM, giving you plenty of time to stop by after work or during lunch breaks. For added convenience, we offer drive-thru banking services for simple transactions like deposits and withdrawals. And if you're in need of cash or wish to check your balance on-the-go, our ATM is available right on-site. At Members Cooperative, we pride ourselves on offering a variety of services tailored to fit your needs from personal banking solutions like checking and savings accounts to auto loans and mortgage refinancing. Our team is ready to assist you with everything from business banking needs to online and mobile banking options. We invite you to visit us at our Duluth location or give us a call at 218-625-8500 if you have any questions. Let us show you how easy banking can be!

Member Eligibility

At Members Cooperative, we believe that everyone deserves a chance to be part of a caring and supportive community. Becoming a member is simple and welcoming! If you live, work, or go to school in our area, you're likely eligible to join us. We also welcome family members of existing members, so even if you're not directly linked to our community, you might still find a home here. Membership opens the door to a range of benefits like competitive rates on loans, personalized financial services, and access to exclusive offers. To see the full details on eligibility criteria, feel free to check out this resource: https://www.membersccu.com/about/become-a-member/. Once you're ready to take the next step, opening an account is straightforward. Just visit our website at http://www.membersccu.com/business-enrollment-form, or give us a call at (218) 625-8500 for assistance. Our team is here to help you every step of the way as you join the Members Cooperative family at our branch located at 952 Woodland Ave 960 Duluth Mn 55812. We can't wait to welcome you!

Business Banking & Commercial Services

Merchant Services That Work for You

In addition to loans, we offer merchant services that simplify transactions for your business. Imagine having a reliable payment solution that allows you to focus on what you do best serving your customers. Our merchant services help streamline payment processes, enabling you to accept payments quickly and securely. Visit us at 952 Woodland Ave 960 Duluth Mn 55812 in Duluth, MN, or call us at (218) 625-8500 to learn more about how we can partner with you for success!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $398 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $29 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $113,682,186, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking

If you're a business owner, we haven't forgotten about you! Our Business Banking services include merchant services and business loans, ensuring that your enterprise has the financial backing it needs to thrive.

Credit Cards and Rewards

Imagine earning rewards for every purchase you make! With our Credit Cards with Rewards, not only can you enjoy the convenience of credit, but you'll also earn points that can be redeemed for exciting perks.

Digital Banking Features

In today's fast-paced world, convenience is key. That's why we prioritize modern banking solutions through our Online & Mobile Banking platforms. You can easily manage your accounts from anywhere whether it's checking your balance or transferring funds all from the comfort of your phone or computer. Plus, our ATM and cash withdrawal services are available when you need quick access to your funds. For those quick transactions that don't require an appointment, take advantage of our Basic Drive-Thru Banking, where deposits and withdrawals can be handled efficiently without leaving your car.

Easy Access and Support

At Members Cooperative, we strive to make banking easy for everyone. Our friendly staff is always ready to assist you with any questions or concerns during our office hours from 9:00 AM to 6:00 PM, Monday through Friday. You can reach us at (218) 625-8500 for immediate assistance. In summary, whether you're looking for personal banking solutions or business support, we offer a comprehensive suite of services designed with our members' best interests in mind. Visit us at Members Cooperative and discover how we can help you achieve your financial goals! Ready to take the next step? Explore our full range of services online or stop by today!

Personal Banking Solutions

We understand that managing your finances can be overwhelming at times. That's why we offer Personal Banking services including checking and savings accounts designed to help you save for your goals while keeping your money secure. If you're thinking about purchasing a new car, our Auto Loans & Vehicle Financing options provide competitive rates to make your dream vehicle more accessible. For those considering homeownership or refinancing, our Mortgage Loans & Refinancing services are here to guide you through the process smoothly. Additionally, we offer Personal Loans & Debt Consolidation options to help you manage unexpected expenses or consolidate existing debts into one manageable payment.

Digital & Online Banking

Mobile Banking Made Easy

For those who prefer to bank on their mobile devices, our user-friendly mobile application is here to help. It allows you to manage your accounts with ease, all while keeping your information secure. You can make payments using mobile payments, view e-statements for quick reference, and even authorize transactions with an electronic signature no need for paper forms.

Stay In Control

Staying in control of your finances has never been more straightforward. Whether you're viewing your latest e-statements or making quick payments through our mobile app, you can do it all from the palm of your hand. Our commitment to security means that your personal information remains safe while you enjoy the freedom of real-time account management. At Members Cooperative, we're dedicated to providing the tools and resources you need for effortless banking. Explore our digital services today and experience how easy managing your finances can be!

Financial Strength

At Members 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 that ensures your savings and investments are safe while providing you with the services you need. Our financial health is demonstrated by our net worth of $111,765,879, which allows us to offer better rates, lower fees, and enhanced member services. With a net worth ratio of 9.79%, we showcase a solid capital base, ensuring we can continue providing loans and competitive savings rates, even in uncertain economic times. Members' savings are secured through $279,707,456 in share certificates and $167,386,124 in money market shares, which provide stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members; with non-member deposits at $17,200,522, we focus our resources on benefiting you through better loan rates, lower fees, and exclusive perks. We also have $86,982,058 in undivided earnings, allowing us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures tailored to serve our members better. Our robust lending capacity includes $9,561 in used auto loans and a total of $924,879,820 in loans and leases that support your financial goals across various sectors. Our operational efficiency is highlighted by our net income of $1,875,542, enabling us to continue offering competitive loan rates and solid financial products for our members. Furthermore, we take pride in having 196 full-time employees and 5 part-time employees who are always ready to serve you with knowledgeable support. With net shares available for lending at $0, and a strong community backing reflected by our 127,905 total share accounts, we are well-equipped to meet your needs. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Members Cooperative is your trusted partner. Visit us at 952 Woodland Ave 960 Duluth Mn 55812 or call (218) 625-8500 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.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $148,239,608 in used vehicle loans and $39,370,663 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive rates to make your car-buying experience smooth and affordable.

Business Financing

For business owners, our outstanding commercial loans totaling $113,682,186 provide the capital needed to grow and expand your operations. We understand the unique challenges faced by small businesses and are here to help with tailored lending solutions. At Members Cooperative in Duluth, MN, our goal is to support our members' financial journeys. Whether you're interested in an auto loan, mortgage option, or any other type of financing, our friendly team is ready to assist you. Feel free to contact us at 218-625-8500 for more information about our loan offerings or visit us online at Members Cooperative. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $46,117,055, allowing you to secure the financing you need for your dream home. If you're considering refinancing your current mortgage, we can help you explore eligibility options that may lower your monthly payments or provide cash-out opportunities.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans. With a total of $162,945 in loans helping members manage their finances effectively, our credit cards come with rewards and no annual fees making it easier for you to handle everyday expenses while earning benefits.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. This allows users to make informed decisions without the confusion that often comes with searching for loans. Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This ensures that the offers you see are fair and transparent. Every loan comparison is built on accurate data, allowing you to trust the information presented. One of the standout features of LendMesh is its commitment to verified data. All loan offers come from legitimate financial institutions, which fosters transparency in your search for financing options. Additionally, LendMesh does not prioritize lenders based on paid promotions this means you will receive unbiased results without any hidden agendas. Moreover, LendMesh provides real-time rate comparisons. You can expect up-to-date loan rates from multiple institutions at your fingertips, making it easier to assess your options quickly and accurately. Thousands of users trust LendMesh for their loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" If you're ready to explore your loan options, compare real-time loan offers today at LendMesh and find the best rates for your needs. Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.

MEMBERS COOPERATIVE CREDIT UNION - Duluth, MN

Type of Loan Offerings

Student Loans

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