Data Source: NCUA, December 31, 2016
SOO Select Credit Union was founded in 1953. Headquartered in Thief River Fal, Minnesota, SOO Select 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). SOO Select 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, SOO Select Credit Union services 2,537 members through its 5 full-time employees. It has $13,431,894 of total assets and $1,698,141 of net worth. Based on its asset size and net worth ratio, SOO Select Credit Union is classified as a Well Capitalized medium small credit union.
SOO Select 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. SOO Select 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 SOO Select 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 (%)
SOO Select Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through ATMs as well. The table below lists the electronic banking services prlided by SOO Select Credit Union.
Electronic Banking Service Offerings
Community and other Service Offerings
Soo Select Credit Union
1100 Vanrooy Dr
Thief River Falls, MN 56701