Credit union · NCUA insured
Minnesota Valley Federal Credit Union
Top CarrotA $333.9M credit union headquartered in Mankato, MN, with 18,467 members and 2 branches in Minnesota. Best rates: CDs 4.42% and savings 1.25% APY.
Minnesota Valley Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 91% of U.S. banks and credit unions
#1 of 16 in Mankato, MN metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Minnesota Valley Federal Credit Union
Founded in 1934 as Mankato Teachers Credit Union in Mankato, Minnesota, Minnesota Valley Federal Credit Union is a member-owned, not-for-profit financial cooperative.
In 2001, the credit union transitioned to a community charter serving Blue Earth, Brown, Nicollet, Le Sueur, Waseca, and Watonwan counties.
- Headquarters
- 1640 Adams St, Mankato, MN 56001
- NCUA charter
- 19440
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Individuals who live, work, worship, attend school, or volunteer, and businesses and other legal entities located in Blue Earth, Nicollet, Le Sueur, Waseca, Brown, or Watonwan counties are eligible for membership.
Family and household
- Immediate family members of existing MVFCU members are eligible to join.
Branches
2 branches in Minnesota
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Minnesota
2 branches
- LorMain office1640 Adams St, Mankato, MN 56001Directions
- Drl100 Memorial View Ct, Mankato, MN 56001Directions
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 | 11.48% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.56% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.08% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $58 | $76 | — |
- CapitalNet worth ratio11.48%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.56%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.08%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$58Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion 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 Minnesota Valley Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.