Business Details
50+ Years
experience
Your Trusted Financial Partner in Montevideo, MN
Co-op Credit Union has been dedicated to providing personalized financial services to its members since 1940. Our mission focuses on empowering individuals and communities through accessible banking solutions tailored to meet diverse financial needs. Originally established in Montevideo, Minnesota, we began as a small cooperative serving local co-op patrons and have grown into a multi-branch institution serving eight counties across rural Minnesota. Over eight decades of operation, we've maintained our commitment to member-centric values while expanding services to include modern banking technologies like mobile apps, secure online transactions, and innovative loan programs. Our history reflects continuous adaptation to member needs, including strategic mergers with Benson Community Credit Union and Clara City Co-op Credit Union, as well as opening new facilities in Canby, Benson, and Willmar.We offer comprehensive financial products ranging from checking and savings accounts to agricultural loans and student loan resources, all designed to help members achieve their financial goals. Our team combines deep local knowledge with financial expertise to deliver trustworthy advice and customized solutions. We maintain strict security protocols to protect member information, including secure email portals and fraud prevention measures. Our physical locations operate extended hours to accommodate member schedules, with 24/7 access to digital banking services. As a cooperative, we prioritize community development through financial education programs like our youth-focused CU Grow initiative and Medicare guidance services.
Services
Business Checking
Personal Checking
Visa Debit Cards
Share Savings Accounts
Certificates of Deposit
Agriculture Loans
Consumer Loans
Student Loan Resources
Mobile Banking
Bill Pay Services
Details
- Year established: 1940
Highlights and features
- We've served Minnesota communities for over 80 years with financial expertise
- Our local knowledge helps tailor solutions to regional economic needs
- We offer comprehensive banking services from personal accounts to business loans
- Our secure digital banking platform provides 24/7 account access
- We maintain strict security protocols to protect member information
Services
Business Checking
Our Business Checking accounts provide tailored financial solutions for companies of all sizes. Features include competitive rates, no monthly maintenance fees for qualified businesses, and integrated digital banking tools. We offer specialized services for agricultural operations and local enterprises.
Personal Checking
Designed for everyday financial needs, our Personal Checking accounts offer convenient access through Visa Debit Cards and extensive ATM networks. Benefits include mobile check deposit, bill payment options, and customizable account alerts for enhanced security.
Agriculture Loans
We specialize in agricultural lending solutions for equipment purchases, land acquisitions, and operational expenses. Our loan officers understand rural business cycles and offer flexible terms tailored to farming and ranching operations across Minnesota.
Share Savings Accounts
Our Share Savings Accounts provide secure growth opportunities with competitive dividend rates. Options include standard savings, club accounts for goal-based saving, and specialized youth accounts through our CU Grow program.
Student Loan Resources
We offer a comprehensive student loan marketplace connecting borrowers with competitive education financing options. Our service simplifies the application process while providing personalized guidance to help students achieve their academic goals efficiently.
Questions
How do I become a member?
Membership is open to anyone living, working, or attending school in our eight-county service area. Visit any branch or apply online to join.
What online banking features are available?
Our digital platform offers account management, bill payment, mobile check deposit, fund transfers, and secure messaging 24/7.
Do you offer student loan refinancing?
Yes, our student loan marketplace provides refinancing options with competitive rates through our lending partners.
How can I report fraud?
Contact us immediately at 320-269-2117 or use our secure email portal to report any suspicious account activity.
Are there after-hours services?
Our E-Branch digital banking is available 24/7, and we offer extended Saturday hours at our Willmar location.
What loan types do you offer?
We provide personal, business, agricultural, home, and student loans with customized terms to meet various financial needs.
Reviews (2)
Arnulfo Arredondo
Sep 25, 2020
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03/09/2021. Today I was out of town and my card was decline. I know for a fact a had more than enough funds to pay and my card was decline twice. I check my balance online and it said unavailable on both my checking and savings. So me and my wife had to spend the night out of town in the car and it was cold couldnt rent a hotel much less couldnt pay for gas to fill up our car. So here we are stranded with no money thanks to CO-OP of Montevideo MN. We dont even get a compensation at all for being stranded for a whole nigh out of town. The service here has gone bad.
Holley Franklin
Nov 23, 2019
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I've had bad experiences in the past with this bank and others. I have many trust issues with banks period. It's not something I would elect to be apart of or associated with. You hear many horror stories historical and current. I've heard many good and positive outcomes more so with this bank than any others which is why my got any stars at all.