Credit union · NCUA insured
Members Cooperative Credit Union
A $1.2B credit union, the 410th largest of 4,329, headquartered in Duluth, MN, with 59,619 members and 12 branches in Minnesota. Best rates: CDs 4.00% and savings 0.05% APY.
Members Cooperative Credit Union Carrot Score
73
Carrot Score
Higher than 33% of U.S. banks and credit unions
#21 of 29 in Duluth, MN-WI metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Members Cooperative Credit Union
Founded in 1936 as Cloquet Co-op Credit Union, Members Cooperative Credit Union is a locally owned not-for-profit financial cooperative.
Serving multiple counties across Minnesota and Wisconsin, it was originally formed by eight charter members to provide needed community financial services.
- Headquarters
- 215 N 40th Ave W, Duluth, MN 55807
- NCUA charter
- 60216
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Eligibility is open to anyone who lives, works, worships, or attends school in specified Minnesota counties or Douglas County, Wisconsin.
Employers and groups
- Eligibility is open to past or present employees of Members Cooperative Credit Union or their family members.
Family and household
- Eligibility is open to spouses of members, or blood or adoptive relatives of either a member or their spouse.
Other ways
- Eligibility is open to anyone who owns a business or other legal entity within the specified counties.
Branches
12 branches in Minnesota
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Minnesota
12 branches
Duluth area · 5
- Duluth-Spirit ValleyMain office215 N 40th Ave W, Duluth, MN 55807Directions
- Cloquet1299 Highway 33 S, Cloquet, MN 55720Directions
- BlueStone952 Woodland Ave # 960, Duluth, MN 55812Directions
- Miller Hill605 W Central Entrance, Duluth, MN 55811Directions
- Moose Lake301 Elm Ave, Moose Lake, MN 55767Directions
Minneapolis area · 2
- Isanti210 6th Ave NE, Suite 1, Isanti, MN 55040Directions
- North Branch38807 9th Ave, North Branch, MN 55056Directions
Aitkin area · 1
- Aitkin108 Minnesota Ave N, Aitkin, MN 56431Directions
Brainerd area · 1
- Baxter14633 Edgewood Dr, Baxter, MN 56425Directions
Grand Rapids area · 1
- Grand Rapids18 NW 4th St, Grand Rapids, MN 55744Directions
McGregor area · 1
- McGregor149 W Highway 210, McGregor, MN 55760Directions
Sandstone area · 1
- Sandstone305 Lundorff Drive, Sandstone, MN 55072Directions
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
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 10.80% | 10.86% | 12.59% or more |
| Troubled loans60+ days late | 1.49% | 0.70% | 0.46% or less |
| ProfitabilityReturn on assets | 1.05% | 0.82% | 1.16% or more |
| LendingLoans per $100 deposited | $98 | $88 | — |
- CapitalNet worth ratio10.80%Peers’ middle 10.86% · Top 25% 12.59%+
- Troubled loans60+ days late1.49%Peers’ middle 0.70% · Top 25% ≤0.46%
- ProfitabilityReturn on assets1.05%Peers’ middle 0.82% · Top 25% 1.16%+
- LendingLoans per $100 deposited$98Peers’ middle $88
Compared with the 479 credit unions with $1 billion or more 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 Members Cooperative Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.