Deer River Cooperative Credit Union Deer River, Minnesota
Deer River Cooperative Credit Union is a state-chartered credit union headquartered in Deer River, MN, established in 1938 (NCUA charter 60388), and it is regulated and insured by the NCUA. At Q2 2026 it reported 1,991 members and total assets of $31.4M (up 9.6% from Q2 2025), the 58th largest of 79 credit unions headquartered in Minnesota. Its net worth ratio was 10.53% at Q2 2026, in the well capitalized band.
Also written as Deer River Cooperative CU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 60388
- Headquarters
- Deer River, MN
- Established
- 1938
- Total assets, Q2 2026
- $31.4M
- Assets vs Q2 2025
- +9.6%
- Members, Q2 2026
- 1,991
- Net worth ratio, Q2 2026
- 10.53%
- Latest call report
- Q2 2026, NCUA 5300 · Deer River Cooperative Credit Union call report
- Asset rank in state
- 58th of 79 in Minnesota
- Routing number
- 291273552
- Branches
- 1
It has 34 fewer members than on June 30, 2025 (-1.7%). Its net worth ratio was down 0.22 percentage points from 10.75% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $18.9M of $25.8M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.08% is below the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 10.53% net worth ratio is below that band's 14.31% median.
Credit unions similar in size in Minnesota
Frequently asked about Deer River Cooperative Credit Union
How big is Deer River Cooperative Credit Union?
At Q2 2026 it reported total assets of $31.4M and 1,991 members.
Where is Deer River Cooperative Credit Union headquartered?
It is headquartered in Deer River, MN, United States.
When was Deer River Cooperative Credit Union founded?
It was established in 1938, per NCUA records.
Is Deer River Cooperative Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 60388): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Deer River Cooperative Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is Deer River Cooperative Credit Union well capitalized?
Its net worth ratio was 10.53% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Deer River Cooperative Credit Union's delinquency ratio?
Its delinquency ratio was 0.08% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Deer River Cooperative Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 91.80% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Deer River, MN 56636
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1938
- NCUA Charter #
- 60388
- RSSD ID
- 153296
- Members
- 1,991
- Potential members
- 6,500
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 2 of 7 ranked measures and in the bottom quartile on 2.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 10.53% | 14.31% | 20th bottom |
| Return on assets Middle half of peers: 0.16% to 1.30% | 0.93% | 0.72% | 59th above |
| Return on equity Middle half of peers: 1.04% to 8.69% | 8.83% | 4.74% | 76th top |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 3.49% | 3.93% | 32nd below |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 74.93% | 79.83% | 60th above |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 1.76% | 0.78% | under 10th bottom |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 0.08% | 0.86% | over 90th top |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 5.25% | 4.70% | 72nd position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 91.80% | 58.92% | over 90th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$31.4M total assets against $28.7M; $28.1M total shares and deposits against $25.6M; $25.8M total loans against $24.7M.
$3.3M net worth against $3.1M.
10.53% net worth ratio against 10.75%.
91.80% loan-to-share ratio against 96.41%.
0.08% delinquency ratio.
0.93% return on assets against 0.92%; 8.83% return on equity against 8.55%.
3.49% net interest margin against 3.33%.
1,991 members against 2,025.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 10.53% | 0.93% | 0.08% | 91.80% |
| March 31, 2026 | 10.07% | 0.68% | 0.05% | 86.72% |
| December 31, 2025 | 10.52% | 0.47% | 0.02% | 93.45% |
| September 30, 2025 | 10.63% | 1.04% | — | 93.61% |
| June 30, 2025 | 10.75% | 0.92% | — | 96.41% |
| March 31, 2025 | 10.18% | 0.53% | — | 91.96% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.