Members Cooperative Credit Union Grand Rapids MN | Affordable Vehicle Loans & Personal Banking

Introduction

Welcome to Members Cooperative, your trusted financial partner located at 18 Nw 4Th St, Grand Rapids, MN 55744. Since our establishment in 1936, we have proudly served our community, offering personalized banking solutions that cater to the diverse needs of our 55,856 members. With total assets amounting to an impressive $1,141,915,251, we stand as a pillar of financial strength in the region. At Members Cooperative, we understand that banking is not just about transactions; it's about building relationships. Our dedicated team of 201 employees, led by CEO Stephen Ewers and Board President Doris Dahl, is committed to ensuring you feel valued and supported every step of the way. Whether you're looking for auto loans, mortgages, or personal banking services, our goal is to empower you with the right tools for your financial journey. While members can visit us at our branch location, official correspondence should be sent to our mailing address: 215 N 40TH AVE W, DULUTH, MN 55807. We are here to help you navigate your financial future with confidence. With a net worth of $111,765,879 and total deposits reaching $45,865,172, we pride ourselves on maintaining a strong foundation for growth and stability. Our focus on community impact is evident in our total loan portfolio of 26,958 loans and leases, which supports local businesses and families alike. Join us today! For more information about our services or to get started on your financial journey with Members Cooperative, give us a call at (218) 326-1251 or visit us online at membersccu.org. Your future begins here!

Branch History & Mission

Welcome to Members Cooperative in Grand Rapids, Minnesota! Since opening our doors in 1936, we have built a strong legacy of serving our community with dedication and care. From our humble beginnings, we have grown to become a trusted financial partner for over 55,000 members, helping them navigate their financial journeys. Located at 18 Nw 4Th St, Grand Rapids, MN 55744, our branch is more than just a place to bank; it's a hub for local support and community engagement. We pride ourselves on being accessible, with operating hours from Monday to Friday, 8:00 AM to 5:00 PM and Saturday from 8:30 AM to 12:00 PM. Whether you prefer in-person visits or utilizing our drive-thru services, we're here to make your banking experience convenient. And yes, we offer ATM availability too! Our mission is straightforward yet impactful: to provide exceptional financial services while fostering a supportive environment for our members and the wider community. We believe that when our members succeed, we all thrive. That's why we offer a range of services including personal banking, auto loans, mortgages, credit cards with rewards, and business banking options tailored to meet various needs. At Members Cooperative, we continually embrace innovation. Our digital tools like online banking and mobile payments are designed with you in mind. We also prioritize accessibility for everyone by ensuring ADA compliance throughout our facilities. Over the years, we have partnered with local organizations and participated in numerous outreach efforts aimed at uplifting those around us. Our commitment goes beyond just financial transactions; it's about building relationships and making a difference in people's lives. For any official correspondence or inquiries that require mailing, please note that our mailing address differs slightly: 215 N 40TH AVE W, DULUTH, MN 55807. As we look to the future, we invite you to join us at Members Cooperative. Experience firsthand the benefits of being part of a community-focused credit union where your needs matter most. Let's work together towards achieving your financial goals! For more information or to become a member today, visit us at Members Cooperative or call us at 218-326-1251. Join us on this journey we can't wait to welcome you!

Branch Location & Accessibility

Accessibility Features

At Members Cooperative, we prioritize accessibility for all our members. Our branch is equipped with ADA-compliant features such as ramps and designated parking spaces to ensure everyone can access our services comfortably. If you're in a hurry, our drive-thru banking option allows you to complete simple transactions without leaving your vehicle.

Get In Touch

Have questions or want to learn more? Feel free to give us a call at 218-326-1251. Our team is ready to assist you with any inquiries you may have about our services or membership options. We invite you to stop by and see how we can help improve your financial journey today!

Operating Hours and Services

We understand that life can get busy, so we offer flexible hours for your convenience. Our office is open Monday through Friday from 8:00 AM to 5:00 PM and on Saturdays from 8:30 AM to 12:00 PM. This gives you plenty of time to visit us when it suits you best! Members Cooperative offers a variety of services tailored to meet your needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. Plus, enjoy the ease of online and mobile banking right from your phone.

Member Eligibility

At Members Cooperative, we believe that everyone deserves a chance to be part of a welcoming financial community. Becoming a member is easier than you might think! If you live, work, worship, or go to school in the area, you're likely eligible to join us. Additionally, family members of current members can also enjoy the benefits of membership. By joining Members Cooperative, you're not just opening an account; you're gaining access to personalized financial services designed with your needs in mind. From competitive loan rates to a variety of savings options, we're here to help you achieve your financial goals. To get started on your membership journey, check out the detailed eligibility criteria available at https://www.membersccu.com/about/become-a-member/ . If you're ready to open an account or have any questions, feel free to reach out to us at (218) 326-1251 or visit our branch located at 18 Nw 4Th St Grand Rapids Mn 55744. We look forward to welcoming you into our family!

Business Banking & Commercial Services

Loan Options for Every Business

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.

Merchant Services That Work for You

In addition to loans, our merchant services simplify transactions for your customers while enhancing your cash flow. Whether you're a small retail shop or a growing service provider, our solutions make accepting payments easy and secure. Picture this: fewer headaches during busy hours as you seamlessly process sales with our reliable systems. Located at 18 Nw 4Th St Grand Rapids Mn 55744 in Grand Rapids, MN, we're here to partner with you on your journey toward success. Contact us today at (218) 326-1251 to learn more about how we can help your business thrive!

Comprehensive List Of Services

Business Banking

For entrepreneurs and business owners, we offer robust business banking solutions. From merchant services that simplify payment processing to business loans that support growth, Members Cooperative is dedicated to helping businesses thrive in today's economy.

Convenient Digital Banking

In today's fast-paced world, convenience is key. That's why we provide comprehensive online and mobile banking services. You can manage your accounts anytime, anywhere whether it's transferring funds or paying bills from the comfort of your home or on the go. Our ATM and cash withdrawal services ensure that accessing your money is never a hassle.

Drive-Thru & ATM Services

If you prefer face-to-face interactions but have a busy schedule, our basic drive-thru banking allows for quick deposits, withdrawals, and simple transactions without leaving your car. Additionally, our ATMs are always available for withdrawals and balance checks. At Members Cooperative in Grand Rapids, MN, we're more than just a credit union; we're your partner in achieving financial wellness. Whether you need personal banking assistance or support for your business ventures, our friendly team is here to help every step of the way. Ready to explore how we can assist you? Visit us today or check out our website at Members Cooperative. Your financial journey starts here!

Personal Banking

Whether you're opening your first checking account or saving for a big purchase, our personal banking services are tailored to meet your needs. We provide checking and savings accounts that are easy to manage, giving you the flexibility to handle your daily transactions and save for the future. If you're in the market for a new vehicle, our auto loans and vehicle financing options can get you on the road quickly and affordably. Thinking about buying a home? Our mortgage loans and refinancing options can help make your dream of homeownership a reality. And if life throws unexpected expenses your way, our personal loans and debt consolidation services are here to help ease your financial burden. Plus, with our credit cards with rewards, you can earn while you spend!

Digital & Online Banking

Key Features

Our online banking platform lets you check balances, transfer funds, and pay bills with just a few clicks. You can also enjoy the convenience of electronic statements yes, we provide Yes so you can go paperless and keep track of your finances more efficiently. For added ease, our mobile application is available for download, allowing you to manage your account on the go. Want to send money to a friend or family member? With our person-to-person transfer feature, it's as simple as sending a text. Plus, if you're out shopping or grabbing coffee, our mobile payments feature makes transactions quick and hassle-free.

Security and Accessibility

We prioritize your security with features like electronic signature authorization (Yes), ensuring that your transactions are safe and verified. Our user-friendly interface means that even if you're new to online banking, you'll find it easy to navigate and use. Whether you're at home or on the move, accessing your account has never been easier. With real-time updates and notifications, you can stay informed about your finances without any stress. At Members Cooperative, we're committed to providing tools that make banking straightforward and convenient for everyone. Explore all that our digital banking services have to offer today!

Financial Strength

Commitment to Growth

With $86,982,058 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 your financial goals across various sectors with $9,561 in used auto loans and $924,879,820 in total loans and leases. Our $3,310,884 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 196 full-time employees and 5 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Conclusion

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 18 Nw 4Th St Grand Rapids Mn 55744 or call (218) 326-1251 to learn more about how we can help you achieve your financial goals.

Growing Member Base

Total Share Accounts: 127,905, showing a strong and growing member base that trusts us with their finances. This trust allows us to continually enhance our offerings tailored specifically for you.

Member Savings and Investments

Members' savings are secured through $279,707,456 in share certificates and $167,386,124 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $17,200,522, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Our Financial Health

With a net worth of $111,765,879, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $979 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

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 can help you find the right financing option that fits your budget and lifestyle.

Business Loans

For business owners seeking growth opportunities, our outstanding commercial loans totaling $113,682,186 provide the capital needed to expand operations or invest in new projects. We understand the unique challenges that businesses face and are committed to supporting local entrepreneurs. If you're considering refinancing any of these options or want to explore eligibility criteria further, feel free to reach out to us at 218-326-1251. Our team is ready to assist you in navigating your options. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. At Members Cooperative, we're not just about numbers; we're about building relationships and supporting our community's financial well-being. Visit us today or check out our website at membersccu.org for more details on how we can help you reach your financial goals!

Credit Card Loans

Managing everyday expenses can be challenging. That's why we provide flexible terms on unsecured credit card loans, with a total of $162,945 in loans helping members manage their finances effectively. Enjoy the freedom and convenience that comes with having access to funds when you need them most.

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. With easy eligibility requirements and personalized service, we are here to guide you through every step of the process.

Loan Aggregator

Benefits of Using LendMesh

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Ensuring Accurate Loan Comparisons

LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This means you can trust that the offers presented are fair and transparent, based on the latest results (Source: https://www.ncua.gov ). By leveraging verified data, users can be confident they are viewing legitimate loan options.

Take Action Today

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 - Grand Rapids, MN