Minnco Credit Union Andover MN | Affordable Auto Loans & Business Banking

Introduction

Welcome to Minnco, your trusted financial partner located at 2121 Station Pkwy NW, Andover, MN 55304. Since our establishment in 1935, we have proudly served our community with a commitment to providing exceptional banking services tailored to meet the needs of our members. With a total membership of 34,019 and assets exceeding $528 million, we are dedicated to fostering financial growth and stability for everyone we serve. At Minnco, we understand that banking is not just about numbers; it's about people. Our team of 103 employees, led by CEO Doug Hallstrom and Board President Jerry Schleicher, works tirelessly to ensure that you receive personalized service and support. We offer a range of products, including checking and savings accounts, auto loans, mortgage loans, credit cards with rewards, and business banking solutions. Our commitment to our members extends beyond traditional banking services. We believe in making banking accessible and convenient through our online and mobile banking options, ensuring you can manage your finances anytime, anywhere. With a strong focus on community impact, we continuously strive to enhance the lives of those around us while maintaining a robust financial foundation, as evidenced by our net worth of $51,669,517 and cash reserves of $5,540,937. While members can visit us at 2121 Station Pkwy NW, official correspondence should be sent to the same address for consistency. If you're ready to take charge of your financial future or simply want to learn more about what we offer, feel free to call us at 763-754-7195 or visit our website at Minnco. We look forward to welcoming you into the Minnco family!

Branch History & Mission

Commitment to Innovation and Accessibility

In today's fast-paced world, we embrace technology while ensuring accessibility for all. Our online and mobile banking services offer flexibility and convenience so you can manage your finances anytime, anywhere. We also prioritize ADA compliance because everyone deserves equal access to financial resources. As we continue to grow and adapt to the needs of our members, we invite you to join us on this journey. Experience the benefits of being part of Minnco where your success is our mission. For any inquiries or assistance, feel free to contact us at 763-754-7195 or visit us during our operating hours: Monday through Friday from 8:30 AM to 5:00 PM and Saturday from 8:30 AM to 12:30 PM. Together, let's build a brighter financial future!

Our Mission

At the heart of Minnco's mission is a simple yet powerful statement: we exist to serve our members with exceptional financial products and personalized service. We strive not only to meet your banking needs but also to enhance the quality of life in our community. By offering personal banking solutions like checking and savings accounts, auto loans, mortgages, and credit cards with rewards, we empower our members to achieve their financial goals. We understand that true service goes beyond numbers. That's why we actively engage in community outreach initiatives and partnerships that uplift those around us. Whether it's through local sponsorships or educational workshops on financial literacy, we are dedicated to making a positive impact.

Branch Location & Accessibility

Accessibility Features

At Minnco, we prioritize accessibility for all members. Our branch features ADA-compliant entrances and ramps to ensure everyone can access our services comfortably. Ample parking is available right outside our door, making it simple for you to visit us without any hassle.

Call To Action

We invite you to come visit us at the Minnco Andover Office! If you have any questions or would like more information about our services, don't hesitate to give us a call at 763-754-7195. We look forward to serving you soon!

Operating Hours

We know your time is valuable! Our lobby hours are designed for your convenience: we're open Monday through Friday from 8:30 AM to 5:00 PM and on Saturday from 8:30 AM to 12:30 PM. If you prefer using our drive-thru service, it's available Monday through Friday from 8:00 AM to 5:30 PM and Saturday from 8:30 AM to 12:30 PM. For those who need personalized assistance or want to schedule an appointment, feel free to reach out during these hours.

Services Offered

At the Minnco Andover Office, we offer a variety of services tailored to meet your financial needs. From personal banking options like checking and savings accounts to auto loans and mortgage refinancing, we've got you covered. We also provide business banking solutions including merchant services and business loans. Need cash? Our ATM is readily available for your convenience, along with drive-thru banking for quick transactions.

Member Eligibility

Welcome to the warm community at Minnco, where becoming a member feels like joining a family that truly cares about your financial well-being. If you're looking to enjoy a range of benefits tailored just for you, membership is within reach! To qualify, you'll need to meet some simple criteria, which often includes being a resident or working in the area around 2121 Station Pkwy Nw Andover Mn 55304. Whether you're opening your first account or seeking a place that values your needs, we've got you covered. For detailed eligibility requirements, feel free to explore our resource at . Getting started is easy! Simply give us a call at (763) 754-7195 or visit us in person to learn how you can become part of our supportive community. We're here to help guide you through the process so that you can take advantage of all the great services we offer. Joining Minnco means you're choosing a partner who puts you first. Don't hesitate reach out today and start your journey with us!

Business Banking & Commercial Services

Merchant Services for Everyday Needs

In addition to loans, we offer merchant services that simplify transactions. Imagine a local café using our payment processing tools to accept various payment methods, making it easier for customers to enjoy their favorite brews. Our services help businesses streamline their operations, allowing owners to focus on what they do best serving their customers. Visit us at 2121 Station Pkwy Nw Andover Mn 55304 in Andover, MN or give us a call at (763) 754-7195 to learn how we can support your business journey!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $27 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $2 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $6,859,620, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Accessibility and Support

At Minnco, we strive to ensure that all members have easy access to their accounts. Our friendly team is available during lobby hours from Monday through Friday from 8:30 AM to 5:00 PM and Saturday from 8:30 AM to 12:30 PM (appointment only). If you have any questions or need assistance, don't hesitate to call us at 763-754-7195. We invite you to visit us at our Andover branch or explore our website at Minnco for more details on how we can assist you in achieving your financial goals. Experience the difference with Minnco where your financial well-being is our priority!

Business Banking Services

Running a business comes with its own set of challenges. At Minnco, we offer tailored business banking services, including merchant services that simplify payment processing and business loans that provide the capital needed to grow your venture. We're here to support your business every step of the way.

Digital Banking Features

In today's fast-paced world, convenience is key. Our online and mobile banking platforms allow you to manage your accounts anytime, anywhere. You can easily transfer funds, pay bills, and check balances from your smartphone or computer. We also offer ATM and cash withdrawal services, so accessing your money is hassle-free. For members who prefer in-person service, our branch provides basic drive-thru banking for quick transactions like deposits and withdrawals. Plus, if you're a member of a partner credit union, you can take advantage of basic shared branch transactions right here at Minnco!

Personal Banking Solutions

We understand that managing personal finances can be overwhelming at times. That's why we offer checking and savings accounts that fit your lifestyle. If you're thinking about buying a new car, explore our auto loans and vehicle financing options, designed to help you hit the road without breaking the bank. Additionally, our mortgage loans and refinancing services make home ownership more achievable than ever. For those looking to consolidate debt or fund a special project, our personal loans provide flexible solutions with competitive rates. Don't forget to check out our credit cards with rewards, which allow you to earn points on every purchase!

Digital & Online Banking

Key Services

Our online banking platform is available 24/7 at https://www.minnco.com/landing, allowing you to check balances, pay bills, and transfer money with ease. Whether you're at home or on the go, managing your account has never been simpler. Plus, with our mobile application, you'll have all the power of online banking right in your pocket. Need to send money to a friend? Our person-to-person transfer feature makes it quick and easy to send cash directly from your account. You can also enjoy the convenience of mobile payments for shopping or dining out no need for cash or cards!

Security and Accessibility

Your security is our priority. With electronic signature authorization available, you can sign documents digitally without any hassle. Additionally, e-statements provide a secure way to view your financial information without cluttering your inbox with paper statements. We aim to make banking accessible for everyone. Whether you're tech-savvy or just getting started with digital banking, our user-friendly features ensure that you can easily navigate through all the options available. At Minnco, we believe in empowering our members with real-time account management tools that suit their lifestyle. Explore everything we have to offer and take control of your financial journey today!

Financial Strength

At Minnco, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. With our strong financial foundation, you can trust that your money is safe and well-managed. With a net worth of $51,669,517, we maintain robust financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $978 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 $91,927,638 in share certificates and $54,059,737 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 $51,268,222 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to lending is evident with $6,027 in used auto loans and $333,299,460 in total loans and leases, supporting our members' financial goals across various sectors. Our performance reflects our operational efficiency with a net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 93 full-time employees and 10 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Net Shares (Funds available for lending and investments): $2,173,636. Total Share Accounts: 72,702, 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, Minnco is your trusted partner. Visit us at 2121 Station Pkwy Nw Andover Mn 55304 or call (763) 754-7195 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 $95,666,671 in used vehicle loans and $21,158,764 in new vehicle loans already helping members get on the road. We provide flexible terms and competitive interest rates to make your purchase as smooth as possible.

Business Loans

For business owners, our outstanding commercial loans totaling $6,859,620 provide the capital needed to grow and expand your business. We understand the unique challenges faced by entrepreneurs and are committed to supporting your journey. If you're considering refinancing options or want to explore eligibility requirements for any of these products, don't hesitate to reach out. Our team at Minnco is dedicated to finding the best solutions tailored to your needs. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. For more information or assistance with your loan application process, please call us at 763-754-7195, or visit us at our branch located at 2121 Station Pkwy NW, Andover, MN 55304. Let us help you take that next step toward financial success!

Credit Lines

For added financial flexibility, our total credit lines amounting to $87,085,001 allow you to access funds when you need them most. This can be particularly useful for unexpected expenses or managing cash flow.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $42,129,454, make buying or refinancing simple. We are here to guide you through every step of the process.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $5,875,078 in loans helping members manage their finances effectively. This option is perfect for those looking to consolidate debt or make larger purchases without the burden of secured collateral.

Loan Aggregator

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Minnco