RED LAKE CO OP
Federal • Red Lake Falls, Minnesota • Est. 1949
Quick Facts
- Charter Number
- #6144
- Type
- Federal
- Established
- 1949
- Headquarters
- Red Lake Falls, Minnesota 56750-4015
- Address
- 111 2nd St SW
- Branches
- 2
- Members
- 1,439
- Membership Type
- Community
CUScore Financial Grade
Based on Q1 2026 NCUA Call Report data
Under CUScore's rules, this institution reports a net worth ratio of at least 10% and a delinquency rate below 1%. This simplified grade is informational, is not an official NCUA rating, and does not determine regulatory or deposit-insurance status.
Financial Overview
Total Assets
Members
1,439 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | RED LAKE CO OP |
|---|---|
| Total Assets | $7.0M |
| Members | 1,439 |
| Loans Outstanding | $4.6M |
| Shares & Deposits | $6.1M |
| Net Worth | $906K |
| Net Worth Ratio | 12.93% |
| Loan-to-Share Ratio | 75.3% |
| Delinquency Rate | 0.00% |
| Net Income | +$2,658 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
Branch Locations
2 locations
CU Office
111 2nd St SW
Red Lake Falls, MN 56750-4015
Records
Main Office111 2nd St SW
Red Lake Falls, MN 56750-4015
Who Can Join RED LAKE CO OP?
Membership Type: Community
Membership eligibility for RED LAKE CO OP may vary. Contact the credit union directly to confirm qualification requirements.
Contact RED LAKE CO OP directly or visit their website for the most accurate and up-to-date membership eligibility information.
Find More Credit Unions in Minnesota
Review the Q1 2026 statewide dataset, aggregate ratios, and institutions ranked by reported assets.
View Minnesota RankingsFrequently Asked Questions
RED LAKE CO OP is listed as federally insured in the Q1 2026 NCUA dataset. NCUA share insurance generally covers qualifying accounts up to the standard maximum amount, with coverage depending on account ownership categories. Verify current status and coverage for your accounts with the NCUA or the institution.
As of the Q1 2026 NCUA Call Report, RED LAKE CO OP has 1,439 members and a potential membership field of 3,975 people.
RED LAKE CO OP's reported net worth ratio is 12.93% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
RED LAKE CO OP operates 2 branch locations. The main office is located at 111 2nd St SW, Red Lake Falls, MN 56750-4015.
RED LAKE CO OP was established in 1949. It is a federal credit union chartered under charter number 6144. The institution has been serving members for 77 years.
Data sourced from the NCUA Quarterly Call Report (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or RED LAKE CO OP. All financial data is for informational purposes only.