Data Source: NCUA, December 31, 2016
Latvian Credit Union was founded in 1965. Headquartered in Minneapolis, Minnesota, Latvian Credit Union is a state chartered and federally insured credit union, being chartered in Minnesota and insured through the National Credit Union Share Insurance Fund (NCUSIF). Latvian Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, Latvian Credit Union services 643 members through its 2 full-time employees. It has $4,347,128 of total assets and $546,460 of net worth. Based on its asset size and net worth ratio, Latvian Credit Union is classified as a Well Capitalized small credit union.
Latvian Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Latvian Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of Latvian Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Minnesota and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
Latvian Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet and mobile devices. The table below lists the electronic banking services prlided by Latvian Credit Union.
Electronic Banking Service Offerings
As a community financial institution, Latvian Credit Union actively involves in local communities by prliding services such as first tim home buyer programs.
Community and other Service Offerings
3152 17th Ave S
Minneapolis, MN 55407