Credit union · NCUA insured
Latvian Credit Union
A $5.8M credit union headquartered in Minneapolis, MN, with 735 members and 1 branch in Minnesota. Best rates: CDs 3.45% APY.
Latvian Credit Union Carrot Score
65
Carrot Score
Higher than 14% of U.S. banks and credit unions
#76 of 97 in Minneapolis, MN-WI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Latvian Credit Union
Latvian Credit Union is based in Minneapolis, Minnesota, and was founded in 1965.
It was established by five recently immigrated Latvians to pool money and assist Latvians making their way in their new country.
- Headquarters
- 3152 17th Ave S, Minneapolis, MN 55407
- NCUA charter
- 63891
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Employers and groups
- Membership is open to members of Association \u201cDaugavas Vanagi\u201d.
- Membership is open to members of Latvian Organizations Association of Minnesota (LOAM).
Military, government and schools
- Membership is open to members of Latvian Evangelical Lutheran Church of Minneapolis and St. Paul.
Family and household
- Membership is open to family members including spouse, in-laws, and other relatives of a member of Latvian Credit Union, as well as children or grandchildren (by blood or adoption) of a deceased relative who was a member.
Other ways
- Membership is open to individuals who were once members or whose relatives were once members.
Branches
1 branch in Minnesota
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Minnesota
1 branch
- Lcu HqMain office3152 17th Ave S, Minneapolis, MN 55407Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 11.01% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 0.85% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | 0.37% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $89 | $59 | — |
- CapitalNet worth ratio11.01%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late0.85%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets0.37%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$89Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Latvian Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.